Sunday 30 August 2015
 
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Gulf

Arab Opec producers brace for oil-price weakness

A second oil price rout of 2015 has forced Arab Opec members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.  

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Gulf airlines diverting traffic, alleges US group

Entry into a US gateway market by a Gulf carrier results in a decline in US carrier's international bookings to and from the region, a new study has claimed. Gulf airlines that fly to US routes have failed to stimulate any mea

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Maritime force to tackle piracy problems in the Gulf

Calls have gone out to establish a special maritime force to tackle growing problems of pirates attacking fishermen working in the Gulf region. Bahrain Fishermen Union chief executive Mohamed Al Faraj supported a proposal submitted to the Unit

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Gulf a vital region for India says Modi

The Gulf region is vital for India's economic, energy and security interests, said Indian Prime Minister Narendra Modi as he set off on a historic visit to the UAE. Modi arrived in Abu Dhabi today (Sunday) on a two-day state visit t

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SpeedCast wins communications deal from Gulf Marine

SpeedCast International, a leading satellite telecommunications service provider, has won a multi-year communications contract from Gulf Marine Services (GMS).    The new dual-beam Ku-band satellite service

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SpeedCast wins communications deal from Gulf Marine

SpeedCast International, a leading satellite telecommunications service provider, has won a multi-year communications contract from Gulf Marine Services (GMS).    The new dual-beam Ku-band satellite service

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Lower net income growth on cards for GCC Islamic banks

Islamic banks in the Gulf are facing a gradually weakening operating outlook in 2015-2016, largely due to declining oil revenues, according to a report.   The Standard &

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Mideast Gulf LPG spot trade flourishes led by Qatar

LPG volumes traded outside of term agreements in the Mideast Gulf are on track to double this year compared with last year, as increasing production from Qatar and North America gives consumers across Asia-Pacific the option to secure more spo

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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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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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