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Coalition troops allegedly land in Yemen, reports arise over bigger ground intervention with Egyptian participation
Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt of Kuwait’s $2bn in deposits
With Iran and the GCC at loggerheads, though indirectly, on a variety of battlefields and the US and Russia respectively emerging as the top supporters, does this mean we are witnessing a Cold War revival in the Middle East?
Step seen to further throttle waning black market
Total announced deposits from several GCC countries in the CBE valued at $5.25bn
Egypt-Saudi relations have been strong and stable for years, says Al-Sisi
Campaign will be launched by specialised company, expected to continue for three months, says Tourism Minister
Qatar recalls ambassador from Cairo after Egypt accuses it of supporting terrorism
Decision lies between joining US-led coalition and possible Italy-led European regional coalition
Al-Houthi announced new parliament and interim government Friday
By James M. Dorsey A decision by the Gulf Cooperation Council (GCC) to abandon plans to adopt a unified contract for domestic workers increases pressure on Qatar to significantly revamp its controversial labour regime in a bid to fend off efforts to deprive it of its right to host the 2022 World Cup. It also …
50% decline in costs of Gulf oil aid to Egypt due to sharp decline in world oil prices
We are taking advantage of a new round of investment by expanding to the Gulf, says Batrawi
Al-Mazroui stressed that the situation has now settled in Egypt, but that investment regulation laws are not yet in place
Kuwait beat Iraq with a goal in the 90th minute, while Saudi Arabia beat Bahrain with a clean score of 3-0 in the second round.
Decision follows a meeting of Gulf leaders in Riyadh, who reached an agreement seeking unity of GCC states
Wael Aburida says the region remains massively attractive to investors due to the relatively strong pace of economic growth
Although there will be a $2bn in debts to foreign partners by year end, ministry has paid back $11.2bn to foreign companies during FY 2013/2014
The Egyptian Tourist Authority (ETA) seeks to attract more tourists from Asian and the GCC (Gulf Cooperation Council) as visitors from these countries have largely stayed away since the 25 January Revolution due to political unrest. The authority will focus on Chinese and Indian markets as they represent two of the world’s fastest growing economies. …
The construction company said on Sunday that it had agreed with the Egyptian army to build the homes at 13 locations around the country on land provided free by the armed forces, which own a large amount of financial assets and real estate.
The economic and business research company stated that Egypt’s GDP will register $1.069tn in 2028
Fitch believes that impairment charges should fall, leading to a gradual improvement in profitability, although further recovery in asset quality will depend on continued economic growth.
The Islamic republic last Sunday struck a landmark deal in Geneva with Western powers on Iran’s disputed nuclear programme.
Fifth WOP to highlight GCC’s booming edible produce trade accounting to 54% of total Middle East imports
No official statement on whether or not negotiations were reinitiated after post 3 July hiatus
Bahrain will ask foreign ministers of the six-nation Gulf Cooperation Council to discuss “placing Hezbollah on the terror list” at a meeting in Saudi Arabia
Foreign minister says there are limitations on Egypt’s relationship with Iran
European banks are shedding assets outside of the MENA region to rebuild their balance sheets affected by the financial and sovereign crises
By Tim Reid Turkey has hung out its ‘for sale’ sign at just the right time to grab the attention of Arab investors who are in the market for new destinations to deploy their record energy revenues. A new Turkish real-estate law came into effect in May making it easier for Arabs to buy property …
A commander in the Iranian Revolutionary Guard Corps is accusing Saudi Arabia, Yemen, and the United Arab Emirates of supporting Somali piracy.