Wednesday 5 August 2015
 
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GCC

Key GCC stock markets remain range-bound

GCC stock markets remained range-bound last month with minimal volatility as investor participation declined significantly across the region owing to Ramadan, according to a report. Research by Kuwaiti firm Kamco Investment Company showed this

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US, Gulf states will counter detabilising actions: Kerry

The United States and Gulf Arab allies are preparing to counter destabilising actions in the Gulf, US Secretary of State John Kerry said on Monday after talks with Gulf states on a nuclear deal between their regional rival Iran and world powers.

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Iran meddling must stop, Gulf states tell Kerry

Iran's nuclear deal should bring stability and "good neighbourliness" rather than interference, Gulf Arab states told US Secretary of State John Kerry on Monday as they began talks on the merits of its historic accord with world po

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Saudi tops GCC in key factory investments

Saudi Arabia ranks first in GCC in terms of size of manufacturing investments, showed a Gulf Organisation for Industrial Consulting (GOIC) report. The country’s share was 55.3 per cent, with Qatar in the second place at 21.7 per cent and t

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Saudi tops GCC in key factory investments

Saudi Arabia ranks first in GCC in terms of size of manufacturing investments, showed a Gulf Organisation for Industrial Consulting (GOIC) report. The country’s share was 55.3 per cent, with Qatar in the second place at 21.7 per cent and t

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LP Building Products to enter GCC market

LP Building Products, a leading manufacturer of quality engineered wood building materials, is set to enter the Gulf Cooperation Council (GCC) market. The building products company will be offering a host of products, includi

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GCC urged to stand united against security threats

Gulf Cooperation Council (GCC) countries have been urged to adopt a unified stance to confront security threats. “The Gulf states should look beyond hostile statements and scrutinise their motives and goals,”  His

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Chaos on roads as visitors flood Bahrain

An increase in the number of road traffic accidents over the past week has coincided with an influx of GCC nationals visiting Bahrain to celebrate Eid, according to official figures. Just yesterday (July 23) a car was left on its

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Iran ‘must stop meddling’ in Bahrain’s internal affairs

Iran should refrain from meddling in Bahrain’s internal affairs following the signing of a key nuclear deal, said British Ambassador Iain Lindsay. The outgoing diplomat said the UK was aware of the concerns raised by GCC sta

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GCC takaful companies face key challenges

Most takaful players in the GCC region are still struggling to build a viable business position, found a report by Standard & Poor’s Ratings Services (S&P). According to S&P, unless takaful insurers were to devel

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