China's Premier Wen Jiabao said on Wednesday that Arab countries should be left to determine their political futures for themselves, but that popular will should be heeded in that process.
January 18, 2012 1:53
Emirates Islamic issues MS+350 bps area whisper for sukuk; Books open, with pricing slated for this week; First bond issuance out of the Gulf region in 2012
January 9, 2012 12:56
Liquidity and lack of short-selling were reasons for MSCI's decision to keep the UAE as a frontier market. And MSCI sees little time for the country to implement reforms before next review.
December 18, 2011 3:58
Bahrain's Gulf International Bank has priced a three-year $300 million Islamic bond or sukuk at a profit rate of 130 basis points over six-month LIBOR, it said in a statement on Wednesday.
December 8, 2011 9:14
A senior US official on Monday said the situation over Iran's nuclear programme was becoming increasingly worrying and an urgent diplomatic solution needs to be found.
December 5, 2011 11:06
Iraq is seeking a joint defence agreement for airspace with Gulf countries as it moves to secure its air borders after the departure of US forces from the country this month, a senior official said on Sunday.
December 5, 2011 10:55
Qatar signed a deal with Royal Dutch Shell on Sunday to develop a $6.4 billion petrochemicals complex in the Ras Laffan industrial city in the Gulf Arab state.
December 5, 2011 10:13
Tour operators are registering a record number of visitors to Oman during the holiday season as the Sultanate becomes an alternative vacation destination.
December 4, 2011 5:08
Arab media coverage of Egypt's first democratic elections reflected nervousness over a historic vote that could raise pressure for more reforms and bring to power Islamists who could change traditional foreign policies.
November 29, 2011 2:22
Egypt needs to lure back foreign investors to alleviate pressure on domestic banks. Even with the promise of Gulf aid, the country’s fortunes hang on its upcoming elections.
November 3, 2011 2:12
The UAE will see a slowdown in business because of global economic conditions, the Gulf Arab country's Central Bank Governor Sultan Nasser al-Suweidi said on Monday.
October 31, 2011 10:52
"We will also work hand-in-hand with international institutions in order to achieve balance in the international economic system."
October 22, 2011 11:57
Abu Dhabi September CPI 1 percent year-on-year versus 1.6 percent year-on-year in August; Food prices edge up, housing and transport costs ease; Dubai inflation 0.6 percent year-on-year up to Q3 2011
October 15, 2011 4:17
Abu Dhabi September CPI 1 percent year-on-year versus 1.6 percent year-on-year in August; Food prices edge up, housing and transport costs ease; Dubai inflation 0.6 percent year-on-year up to Q3 2011
October 15, 2011 4:16
Insurance regulators outside of DIFC aren’t doing enough, says Gertsch, adding that overcapacity in the industry won’t be resolved until the existence of companies come under threat.
July 17, 2011 11:57