Monday 22 December 2014
 
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Opec chief defends policy, says to ride out price fall

Oil producers group Opec can ride out a slump in oil prices and keep output unchanged, its head said on Sunday, arguing market weakness did not reflect supply and demand fundamentals and could have been driven by speculators. Spea

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Saudi oil policy 'purely economic in motive'

Saudi Arabia said on Monday that its oil policy was based on economic principles, as speculation continued to swirl after last week's Opec meeting of political motives aimed at other producers. "The cabinet stressed that

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Bahrain warns Qatar over citizenship policy

Qatar has been warned that Bahrain would be forced to take action if it continued its provocative policies. Interior Minister Lieutenant-General Shaikh Rashid bin Abdulla Al Khalifa was commenting on the general resentment towards

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New green belt policy on way in Bahrain

A policy that will protect agricultural land in Bahrain is set to be implemented. The Green Belt Scheme was presented by Municipalities and Urban Planning Affairs Minister Dr Juma Al Ka'abi at the weekly Cabinet session yester

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Daman issues policy for Dubai’s mandatory health plan

UAE’s National Health Insurance Company – Daman has issued the first health insurance policy under the Dubai mandatory health scheme. The policy with Ginco General Contracting, a prominent regional contracting firm, wi

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Bahrain's new visa policy to boost tourism

A new hotel and serviced apartment project is banking big on Bahrain's new visa policy that will allow nationals of nearly 100 countries easier access from next year.   &

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US made things difficult for Bahrain: ex-envoy

A former US diplomat has slammed President Barack Obama's foreign policy towards Bahrain and hit out at his government's lack of support for the Ruling Family.   Washington's former ambassador to Bahr

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Bahrain forum looks at banking sector issues

Senior representatives from Bahrain’s banking industry are joining regulators and policy makers to discuss the challenges and opportunities for the kingdom’s financial services industry at a forum today (March 24). &nb

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Doha 'must change policy for crisis to end'

Saudi Arabia's foreign minister said a dispute with Qatar over Gulf security would not be solved unless Doha changed its policy, Saudi media reported on Tuesday, the kingdom's first public comment since pulling its ambassador from the Gu

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DMCA discusses proposed maritime policy

Dubai Maritime City Authority (DMCA) recently discussed a proposed marine safety policy at a meeting with the Marine Transport Department of the Dubai’s Road and Transport Authority’s (RTA) Public Transport Agency. The

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