Tuesday 4 August 2015
 
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Gulf

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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Egypt extends military mandate in Gulf, Red Sea

The Egyptian government extended by six months the deployment of "some elements of the armed forces" outside Egypt's borders to defend national and Arab security in the Gulf, Red Sea and the Strait of Mandeb, state news agency MENA

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Saudi Telecom Q2 net profit falls 8.7pc, misses estimates

Saudi Telecom Co (STC), the Gulf's biggest telecom operator by market value, blamed rising costs as it posted an 8.7 per cent fall in second-quarter profit on Wednesday to extend a profit slump and miss analyst estimates. The

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Gulf co-operation urged against Iran threat

Enhanced co-operation between Gulf nations is the only way to combat blatant Iranian aggression in the region, according to experts. The political and security specialists attributed the rise in regional tensions to a key nuclear

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Kipco Q2 profit rises 17.5pc

Kuwait Projects Company (Kipco), the Gulf state's largest investment company, reported a 17.5 per cent rise in second-quarter net profit on Wednesday. Net profit in the three months to June 30 was KD13.4 million ($44.2 million

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SMEs champion equal employment opportunities in UAE

Women are just as likely as men to find employment in small and medium-sized businesses in the UAE, according to the latest research by business intelligence company MEED. About 50 per cent of the more than 50 top SMEs in the emir

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Kerry to visit Gulf, vows 'push back' against Iran

US Secretary of State John Kerry will seek to reassure Gulf Arab officials at a meeting in Qatar soon that Washington will work with them to "push back" against Iranian influence in the region, he told the pan-Arab newspaper Al-Sharq a

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Ideal Standard to unveil news bathroom designs

Ideal Standard, a leading provider of innovative and design-driven bathroom solutions, will launch its new Tonic II collection in the Middle East in September. Tonic II, the total bathroom solutions of harmonious and contemporary

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Gulf Hotels Group posts $45.4m in revenue

Gulf Hotels Group (GHG), a Bahrain-based owner and operator of hotels, has reported total gross operating revenue of BD17.11 million ($45.39 million) for the first six months ended June 30, as against BD17.91 million for the same period last yea

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Saudi's Ma'aden Q2 net profit falls 27pc

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, posted a 27.2 per cent fall in second-quarter net profit on Tuesday, missing analysts' forecasts. Net profit for the three months to June 30 was SAR270

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