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Egypt’s Foreign Minister Sameh Shokry lamented that despite the reconciliation efforts between Cairo and Doha that were facilitated by the late King Abdullah of Saudi Arabia, Al-Jazeera TV channel is still broadcasting reports that are not in concordance with Arab Read more
Oman’s Oil Minister Mohammed Al-Rumhy has strongly criticized the Organization of Petroleum Exporting Countries (OPEC) for maintaining their level of production despite the continuous fall of global oil prices. Oman is the largest Middle Eastern oil producer that’s not a member of Read more
Spanish company Indra will provide Saudi Arabia contactless ticketing systems for a new public transportation project currently under construction in Riyadh. Under a $ 314 million deal sealed with the Saudi transportation authority, Indra will supply the Saudis with its Read more
The GDP growth rate of the Gulf Cooperation Council (GCC) is expected to reach between 4 and 5 pc for the next three years, according to a forecast by the Economist Intelligence Unit in its latest report. Consumer spending is Read more
Bahraini Prime Minister Prince Khalifa arrived in Kuwait on Sunday on a one day visit to hold talks with authorities amidst the rising insecurity in the region. His visit will focus on strengthening cooperation and coordination between them as part Read more
Iranian President, Hassan Rouhani, has divided the Organization of the Petroleum Exporting Countries (OPEC) into two categories: those that are for or against a reasonable oil price. He said countries that support an increase in prices can “neutralize” the threat Read more
Prime Minister Haider al-Abadi met with newly elected Anbar province governor Suhaib al-Rawi in Baghdad and he used the occasion to underline the importance of tribal militias in the fight against the Islamic State of Iraq and Syria (ISIS). Tribal Read more
Sources familiar with the opening of Saudi Arabia’s stock exchange market to Foreign Investors dossier have hinted that it is scheduled for April 2015. Saudi Arabia has one of the most restricted stock exchange markets that foreign investors have long Read more
The Syrian embassy in Kuwait that has been closed for business since March 2014 will soon be reopening its doors after a source revealed that three diplomats have left Damascus for Kuwait City. The move does not mean however the Read more
Iraq is frowning at Saudi Arabia’s persistence to maintain the global oil supply rate as oil prices continue to fall. Vice President Nuri al-Maliki said Riyadh’s foreign policy which uses oil as a weapon has dragged Iraq into financial crisis. Read more