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GULF ARAB ROW
How the Mideast war brought UAE, Israel closer togetherAfter facing barrages of Iranian missiles that threatened its economic future, the UAE has moved closer to Israel, widening a split with al...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
Why are oil prices down today while gas rates are witnessing a rise? Oil and natural gas markets move in opposite directions. Here's Brent, US WTI crude, Waha Hub pricesWhy are oil prices down today while gas rates are witnessing a rise? Oil prices fell after Iran proposed new talks with the United States t...
OPEC+ hikes oil production quotas, issues warningOPEC+ will boost oil production by 206,000 barrels daily from May. The cartel warns that repairing damaged energy facilities from conflicts...
In sleepy town on Strait of Hormuz, war rages just over horizonKhasab, Oman, a town on the Strait of Hormuz, experiences a deceptive calm amidst regional war. Oil tankers avoid the strait due to Iranian...
In sleepy town on Strait of Hormuz, war rages just over horizonKhasab, Oman, a town on the Strait of Hormuz, experiences a deceptive calm amidst regional war and choked oil trade. The town, usually a to...
Qatar appoints ambassador to Saudi Arabia, says emir's officeSaudi Arabia, the United Arab Emirates, Egypt and Bahrain resolved in January to lift a boycott imposed in mid-2017 and restore political, ...
Qatar, UAE working towards strengthening relations after 3-year crisis: DohaThe official rejected reports in Arab media that despite the agreement reached earlier this year to restore diplomatic relations between Qa...
Saudi Arabia and Iran held talks aimed at easing tensions, say sourcesThe regional source said the meeting focused on Yemen, where a military coalition led by Saudi Arabia has been battling the Iran-aligned Ho...
Saudi foreign minister meets Qatar's emir in Doha, reports state news agencyThe visit to the Qatari capital comes after Saudi Arabia and its Arab allies in January agreed to end a bitter political row with Doha and ...
Saudi Arabia urges compliance as COVID-19 cases rise againThe kingdom, the largest among the six Gulf Arab states, has recorded more than 367,800 cases and 6,370 deaths so far, the highest tally in...
Qatar's biggest bank expects Gulf detente to boost companies, lendersQNB Financial Services Research, part of Qatar's biggest bank, said in a note that Qatari banks are set to benefit from the GCC resolution ...
Gulf Arab summit to be held on January 5, says Kuwait ministerSources familiar with the matter had told Reuters that the gathering would be pushed to next month while parties locked in a long-running d...
Saudis pushing for Gulf dispute breakthrough at summit: SourcesFour sources familiar with the matter said they expected an announcement to coincide with the summit, which is normally held in December an...
UAE sees 'seeds of progress' on Gulf row, says envoy to U.S.The United Arab Emirates' ambassador to Washington said there were "seeds of progress" in resolving a long-running Gulf Arab row and a comm...
Major Gulf markets ease on weaker oil; Dubai risesBrent crude oil futures were down 24 cents, or 0.5%, at $49.01 a barrel by 0752 GMT, as a continued surge in coronavirus cases globally for...
Honeymoon over? Saudi Arabia-U.S. ties face reset with Biden winRiyadh's human rights record, with the brutal 2018 murder of Washington Post Saudi journalist Jamal Khashoggi and detention of women activi...
UAE official says Turkey's army in Qatar destabilises regionThe UAE and its Arab allies have imposed a boycott on Qatar since mid-2017 and had demanded that Doha close a Turkish military base, among ...
Kuwait: oil-rich Gulf monarchy with active politicsKuwait, a member of the Organization of Petroleum Exporting Countries (OPEC), earns around 90 percent of its income from oil. Like other Gu...
Missing Sheikh and 'intercepted' planes reignite Gulf Arab rowSheikh Abdullah was courted by Saudi Arabia’s King Salman and was touted in U.A.E. media last year as a possible replacement for Qatari rul...