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The diplomatic spat between Qatar and some members of the Gulf Cooperation Council (GCC) has come to an end after a meeting in Riyadh. Bahrain, Saudi Arabia and the United Arab Emirates have voiced willingness to end their diplomatic tussle Read more
Kuwait has refuted claims that the suspension of operations at its shared oilfield with Saudi Arabia is due to political reasons. Work at the Khafji oilfield was stopped a week ago after a decision from Riyadh. Kuwait claims that the Read more
Saudi Arabia will be reinforcing its security capabilities with the construction of a multi layered fence along its 560mile border with Iraq. The project is the first stage of a border security program. The construction work is aimed at limiting Read more
Asiya Investments, an investment firm investing in Emerging Asia, has published in its weekly analysis that ties between the member countries of the Gulf Cooperation Council (GCC) and China in terms of oil trade is increasingly becoming very significant. Oil Read more
10 days after Saudi Arabia announced that it was opening its stock market to foreign companies thereby surpassing its traditional swaps and exchange trade funds that are in place, most of the stock exchange markets in the Middle East have Read more
Saudi Arabia will be receiving John Kerry on Friday to discuss regional issues that could be detrimental to the US. Riyadh is a key regional ally to Washington. Kerry is expected to meet King Abdullah to discuss “the great urgency” Read more
Saudi Arabia and Jordan have renewed their desire to further increase the economic cooperation between them. Their respective delegations will be meeting at the Riyadh Chamber of Commerce and Industry (RCCI) to discuss means of reinforcing the economic cooperation and Read more
Saudi Arabia’s Oil Minister Ali al-Naimi has stated that the Kingdom is willing to provide the international market with oil whenever there is shortage. He made these remarks at the sidelines of a conference he is attending in South Korea. Read more
Kuwait has received a warning from the International Monetary Fund (IMF) that its economy is very vulnerable due to its heavy dependence on oil exports. The government has been asked to “contain current expenditures” to avoid any immediate shocks if Read more
Qatar’s busiest route connecting its major business centers to the international market is being threatened by closure. Most of all goods entering the country come through Abu Samra, the only border not bounded by water. Threats to block the route Read more