Sunday 21 September 2014
 
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Saudi, Kuwait to abide by UN move on militant funds

Saudi Arabia and Kuwait agreed to comply with a United Nations resolution aimed at stopping financing for Islamist militant groups in Syria and Iraq after four of their nationals were named among a group blacklisted by the international body.

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Rule change makes firms vulnerable to US sanctions

Companies even partly owned by individuals sanctioned by the US government could find themselves blacklisted as the result of a rule change announced on Wednesday by the Treasury Department. Treasury, which is responsible for applying a

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Sharjah firm blacklisted for flouting Syria sanctions

The US on Wednesday slapped sanctions on a UAE company for supplying specialty petroleum products to the Syrian government, and blacklisted two additional Syrian companies. Pangates, based in Sharjah, supplied petroleum products t

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Saudi blacklists contractors for forgery: report

A number of contracting companies have been blacklisted by Saudi Arabia after discovering that they resorted to forgery to win government contracts, said a report.   The decision bans the blacklisted firms, which

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French firm row may hit Bahrain projects

Talks between the Bahrain government and a French company over transmission projects could be threatened if efforts to blacklist the firm throughout the GCC prove successful, it has been claimed. Saudi-based Soroof International a

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US blacklists two UAE companies

  The US has blacklisted two Dubai-based trading companies, accusing them of helping Iran evade financial sanctions and effectively cutting them off from the US financial system.

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US blacklists firms for evading Iran oil sanctions

The US has blacklisted two companies it says helped Iran evade sanctions on oil sales and slapped penalties on four Tehran-based firms it says helped the Islamic Republic enrich uranium, the latest efforts to pressure Iran's nuclear program.

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Bahrain denies drafting travel ban list

Bahrain yesterday denied drawing up blacklists of people who are barred from travelling to other countries, a report said. "The role of Bahraini authorities is to bar people from leaving or entering their territories - in acc

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Kuwait mulls travel ban on defaulters

  Kuwait could ban nearly 100,000 of its residents from leaving the country for failing to pay dues owed to the state, local newspaper reported, quoting a senior Justice Ministry official.   The pol

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Saudi to blacklist candidates who miss interviews

Saudi Arabia will blacklist job candidates who miss interviews or training, as part of efforts to get more Saudi nationals working for private companies, the Al-Eqtisadiah newspaper reported on Tuesday. The move is designed to assuage conc

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