Ever since Trump re-clamped sanctions on Iran, tension in the gulf region has steadily heated up. Saudi Arabian Energy Minister Khalid al-Falih stated, although the recent attacks on its energy assets had put the security of oil supply at risk,… Read More ›
The United Arab Emirates, Oman, Aruba, Belize, Barbados, Fiji, Bermuda, Vanuatu, Marshall Islands, and Dominica have now been added to the list. In a significant development, the European Union has broadened its blacklist of tax havens and has added ten… Read More ›
Qatar aspires to be a regional hub for sporting events in the run-up to the 2022 soccer World Cup. As per a senior Qatari official, the Gulf state is aiming to attract more sports companies to the Gulf state and… Read More ›
Apart from these deals, the UAE has also signed military deals worth 1.1 billion UAE dirham with local companies. In a statement, the United Arab Emirates (UAE) disclosed, it had signed military deals worth $1.1 billion (3.87 billion UAE dirhams)… Read More ›
The country’s efforts at weaning itself off from its oil-driven export economy is gradually bearing fruit. On Tuesday, as per an estimate by the central bank of the United Arab Emirates, non-oil economic activity grew by 3.1% for the same… Read More ›
Bill Franke, owner of Phoenix-based Indigo Partners, and Airbus’ John Leahy are likely to be the star of the Dubai Airshow. Bill Franke, a veteran investor in the airlines sector, is set to place a historic $40 billion order for… Read More ›
A split in between the members of the Gulf Cooperation Council will have serious repercussions around the Middle East. In an unprecedented development, the United Arab Emirates, Saudi Arabia, Bahrain and Egypt have accused Qatar of supporting terrorism and have… Read More ›
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