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Dubai’s Department of Tourism and Commerce Marketing (DCTM) has published figures of the last year’s visitors which only registered an increase of a million visitors. Most of the visitors came from the Kingdom of Saudi Arabia. Despite the tensions between Read more
The Gulf Cooperation Council (GCC) enjoyed the first two months of the New Year as stocks continue to rise according to a report released by SICO, a Bahrain based brokerage. United Arab Emirates and Qatar head the list of markets Read more
Due to its good relations with the three big regional powers – Iran, Saudi Arabia and Iraq – Kuwait stands a good chance of mediating in the Syrian conflict which has managed to drive a wedge between the states. Speaker Read more
Abu Dhabi’s Al Dahra Agriculture, plans to make an investment of US$150 million in building a local factory to process the long-grained Bismati rice, one of the premium varieties of rice, used to prepare the country’s favorite ‘chicken biryani and Read more
Despite a fall in oil prices the Gulf Arab economies anticipate a steady growth rate over the next two years as government spending remains high. Across the Gulf Arabic Coast, Saudi Arabia’s gross domestic product is expected to increase from Read more
Iran has begun moving towards stopping its uranium enrichment program at its Natanz plant as part of six-month nuclear agreement brokered in November 2013 with members of the UN’s Security Council and Germany. The United States and the European Union Read more
Qatar is continuing to issue bonds and sukuks to develop its capital market and deepen its domestic debt market in the run-up to the 2022 FIFA World Cup. In its latest action, more than $6,6 billion in local currency will Read more
King Abdullah II of Jordan received Palestinian Authority President Mahmoud Abbas to discuss about the latest proposals brought forward by US Secretary of State John Kerry. Jordan is interested in seeing a definitive peace deal between Israel and Palestine. The Read more
Jordan took over the UN Security Council presidency on Wednesday, the first day of its two-year stint on a 15-nation body struggling to cope with conflicts in Syria, South Sudan, Central African Republic, Mali and elsewhere. The country got access Read more
In a bid to calm down the United States’ Gulf allies, infuriated by Washington’s recent rapprochement with Iran and its new diplomatic approach towards the Iranian nuclear program, President Barack Obama has okayed the supply of weapons and defense services Read more