- New Delhi, UAE - The number of Indians living in the Gulf Cooperation Council (GCC) countries has crossed nine million, India's Minister of State for External Affairs, Kirti Vardhan Singh, told Parliament yesterday. Indians are employed in a wide range of professions from highly qualified fintech, healthcare, information technology, engineering...
UAE President, Austrian Chancellor discuss bilateral relations
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Federal Chancellor of the Republic of Austria Karl Nehammer met in Abu Dhabi Thursday to explore opportunities to further enhance bilateral ties in light of the Comprehensive Strategic Partnership that exists between the two countries.S. Korea, Arab nations to hold new round of FTA talks
SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul's trade ministry said Sunday. South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free...Visits, talks boost GCC-Asia trade ties
Traditionally, GCC trade was focused on the West. However, now it is moving to the East. This eastward shift is not too surprising given the continuing travails of many developed Western economies. With the sluggish recovery from the financial crisis in the EU and the US, Gulf economies have had...Saudi Arabian delegation visits Oman, to enhance bilateral ties
A Saudi Arabian delegation led by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha is on a visit to Oman.Saudi Arabia emerges as one of the world’s top eSports hubs
The PUBG Mobile tournament was part of Gamers8, a summer festival spotlighting Saudi Arabia's emergence as a global eSports dynamo -- one that officials hope can compete with powerhouses like China and South Korea. Much like with Formula One and professional golf, the world's biggest oil exporter has in recent...ISO Annual Meeting 2022 to begin Monday in UAE, trade on agenda
The International Organization for Standardization (ISO) Annual Meeting 2022 starts Monday at the ADNOC Business Center in UAE's Abu Dhabi.GCC-India ink MoU for consultations mechanism
India has signed a Memorandum of Understanding (MoU) with the Gulf Cooperation Council (GCC) Secretariat on the "mechanism of consultations" between the two sides.India to invite UAE as ‘guest country’ at G-20 Summit
India, the incoming President of the Group of Twenty (G-20) announced that it will invite the UAE as one of the "guest countries" to the G-20 summit in New Delhi on September 9-10 next year.GCC countries hail national reconciliation in Sri Lanka
Abdulmohsen bin Khuthaila in his speech on the sidelines of an official debate on human rights in Geneva, said that the GCC backs all open and effective dialogue in Sri LankaBring IS relatives home from Syria: US CENTCOM to nations
Al-Hol camp holds around 56,000 people -- mostly Syrians and Iraqis, but also around 10,000 who consist largely of wives and children of Islamic State (IS) fighters originating from further afield. Many were taken to the camp during the defeat of the jihadist group's self-declared caliphate by US-backed Syrian Kurdish...IsDB sanctions US$1.12bn financing for member countries
The Islamic Development Bank (IsDB) has approved a $1.12 billion financing for development projects in various sectors in nine member countries.Loan exemptions: GCC’s way to help individuals, firms
The Gulf countries assist loan defaulters by delaying payments or exempting those who can't pay to save emerging companies and prevent their accumulation of financial burdens.Ajman Chamber, Russian delegation discuss trade ties
The Chairman of the Ajman Chamber of Commerce and Industry (ACCI) recently received an economic delegation from the Russian Federation to discuss prospects for developing relations between business owners from the two countries.Gulf states warn Netflix over content that ‘contradicts’ societal values
Riyadh--Saudi Arabia and neighbouring Gulf countries on Tuesday accused streaming giant Netflix of broadcasting content that "contradicts Islamic and societal values" and threatened legal action if it was not removed. A statement issued jointly by the Saudi media regulator and the six-member Gulf Cooperation Council, headquartered in Riyadh, did not...Russia sanctions not working, says Italy far-right leader
The leader of Italy's far-right League party, Matteo Salvini, has sparked debate by saying that the unprecedented sanctions the West had imposed on Russia over the Ukraine invasion weren't working. "Several months have passed and people are paying two, three, even four times more for their bills," he told Rtl...G7 to ‘urgently’ implement Russian oil price cap
G7 industrialized powers vowed Friday to "urgently" move towards implementing a price cap on Russian oil imports in a bid to cut a major source of funding for Moscow's war in Ukraine. The G7 said it was working towards a "broad coalition" of support for the measure but officials in...Biden vows to defend KSA, halt Iran’s nuclear bid
A joint communiqué, issued after US president's meetings with King Salman and Crown Prince Mohammed bin Salman, outlines the strategic alliance between the two countries.Dubai Chamber members’ exports up 28 percent in May, highest since 2018
The strength of the Dubai economy, the flexibility of the emirate's merchants and the value of Dubai Chamber of Commerce services drive chamber members' exports to grow by 15.8 percent during January-May 2022, said Abdul Aziz Al Ghurair, Chairman of Dubai Chambers.Flood of net zero vows suffer ‘credibility gap’: report
While countries, cities and companies have massively ramped up net-zero emissions promises in recent months there remain "major flaws" in many plans, according to an analysis published Monday that raises fears of potential large-scale greenwashing by businesses. Faced with mounting urgency and public pressure as deadly and costly climate impacts...Pfizer offers to sell medicines at cost to poorest countries
US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs on a not-for-profit basis to the world's poorest countries, as part of a new initiative announced at the World Economic Forum in Davos. "The time is now to begin closing this gap" between people with access to...UAE tea exports increase to AED1.2bn in 2020
The UAE has found its way into an exclusive club of top five tea-exporting countries in the world, with total exports of about AED1.2 billion in 2020.What determines duration of a Ramadan fast?
The fasting hours are actually determined by geography and vary from one country to another. People in the relatively cooler areas find Ramadan days less daunting in summers.Vaccine supply outstrips demand, inequity remains
Many richer nations are now approaching oversupply. European Union and G7 countries had a surplus of 497 million doses at the end of last month.Petra records highest number of visitors since Covid pandemic
The ancient city of Petra in Jordan has registered the highest number of visitors since the start of the coronavirus pandemic, with 53,896 visitors of various nationalities in March, marking an increase of 292 per cent over the previous month. The city's visitors in March were: 43,533 of foreign nationalities,...World Bank urges support for poor as food prices soar
Developing and import-dependent countries have been heavily impacted by Russia's invasion of Ukraine -- the two countries that account for more than a quarter of the world's annual wheat sales.UAE reaffirms OPEC+ commitment, says West must be ‘reasonable’
The United Arab Emirates on Monday urged Western countries to be "reasonable" in their expectations, underlining its commitment to the global OPEC+ energy alliance.US or Russia? Ukraine crisis poses dilemma for wealthy Gulf
Choosing sides in Ukraine's crisis would have once been easy for Gulf states long protected by the US, but growing ties with Moscow are forcing them to strike a balance. As the world rushed to condemn the Russian invasion of its smaller neighbour, the wealthy Gulf Cooperation Council (GCC) countries,...Trade between Brazil and Arab countries grew by 44 percent in 2021
Trade between Brazil and Arab countries grew by 44 percent during 2021, with food exports alone reaching an estimating $14 billion, its highest since 2012, said Tamer Mansour, CEO of the Arab Brazilian Chamber of Commerce. This comes as Arab countries, especially in the Gulf region, are combating the pandemic...Embargoed: Countries left out in the cold
Embargoes have become a weapon of choice in response to war, the fight against terrorism, or human rights breaches.IAEA unveils new plan to bolster cancer care
The International Atomic Energy Agency (IAEA) has launched a plan to tackle a chronic shortage of cancer care capacity in many poorer countries, with an initial focus on Africa.Qatar ranks 2nd in Gulf countries on corruption perceptions index
The index draws its data from a number of indicators issued by reputable international organizations, such as the World Competitiveness Yearbook.Bahraini imports increase by 18 percent in Q4 2021
The value of Bahraini imports increased by 18 percent in the fourth quarter of 2021, reaching BD1.406 billion, the Information & eGovernment Authority (iGA) said in its foreign trade report. The report, which encompasses the data on the balance of trade, imports, exports (national origin), and re-exports, said the value...Iran proposes ‘Joint Economic Union’ with Latin American countries
Iran has said there is a possibility of establishing a 'Joint Economic Union' with Latin American countries, particularly with Cuba, to facilitate economic cooperation. Iranian Vice President for Economic Affairs Mohsen Rezaei, who is on a tour of the Latin American countries, said in his meeting with the Cuban President...UAE and Nepal to boost ties in areas of common interest
Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has discussed with Krishna Prasad Dhakal, Ambassador of Nepal to the UAE, means of fostering ties in the field of manpower.Arab Parliament for the Child to hold a session remotely
Ayman Othman Al Barout, Secretary-General of Arab Parliament for the Child (APC), has announced the third session of the Parliament will be held remotely in February.Several Gulf countries renew weather advisories after heavy rains
Authorities in several Gulf countries renewed weather warnings on Sunday as several days of heavy rains batter the usually arid region. Gulf countries usually experience mild winters, with the exception of rare and brief episodes of flooding rains between November and January. Such weather is highly disruptive in the region,...Iran plans to double exports to neighboring countries in four years
Iran plans to double exports to regional countries within the four-year term of President Ebrahim Raisi, though the target is achievable even within the next two years and a half, said the country's Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari. Safari, while presenting a report of the 100-day...WHO calls for treaty to shield against next pandemic
WHO director-general Tedros Adhanom Ghebreyesus said another disastrous pandemic was bound to happen unless countries strengthened global defenses.Lebanese currency sinks to new low on the black market
The Lebanese pound sank to a new low on the black market Wednesday, with no end in sight to the economic and political crisis plunging ever-growing numbers into poverty. According to websites monitoring the black market rate, the pound was trading at 24,000 to the dollar or 16 times less...Biden invites around 110 countries to virtual summit on democracy
Among the countries of the Middle East, only Israel and Iraq will take place in the online conference, scheduled for December 9-10. Traditional Arab allies of the US -- Egypt, Saudi Arabia, Jordan, Qatar and the United Arab Emirates, are not invited.Qatar Fund for Development donates $10m for vaccination in poor countries
Qatar Fund for Development (QFFD) has signed a five-year agreement with Gavi, the Vaccine Alliance, and donated $10 million between 2021 and 2025 to support Gavi's efforts to enhance equitable and sustainable access to vaccines in low-income countries. Under the agreement, QFFD will support Gavi to enhance access to vaccines...UAE, Bahrain to establish joint investment fund in both countries
“The governments of the UAE and Bahrain, in light of the fraternal ties and long-term mutual interests between the two countries, consider their joint objectives and interests embodied in the articles of incorporation of the Gulf Cooperation Council (GCC),” said a joint statement quoted by Reuters.Which Asia-Pacific countries are re-opening to foreign visitors?
Mainland China, where Covid-19 first emerged last year, remains closed to overseas tourists, as is Japan.Khamenei urges reversal of Arab-Israeli normalization
The United Arab Emirates, Bahrain, Sudan and Morocco all agreed to normalize ties with Israel in 2020, as Washington under the administration of then US President Donald Trump made Arab-Israeli rapprochement a foreign policy priority.European nations strive to cushion energy price hikes
Price freezes, tax cuts, energy payments or credits, targeted aid... in the face of soaring energy prices European nations are deploying a variety of steps to cushion the blow for consumers.UAE deepens partnership with 14 countries to proscribe laundering of money
The United Arab Emirates Expert Group for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) has continued to hold productive meetings with key partners to discuss AML/CFT matters.Iraqis saddest people in Arab region: Report
Political, economic and social crises in the Middle East countries has led to an implosion of negative emotions among their citizens.Gartner predicts IT spending to touch $557bn in 2022
Countries across the world are expected to be spending some $557 billion in 2022, up by 6.5 percent compared to 2021, on IT services and software.Dates conference attracts top global experts
Top global experts attended the second edition of the International Dates Conference held in Qassim as part of the annual Buraidah Date Festival.Saudi Arabia lifts ban on entry of foreigners
Saudi Arabia has lifted the ban on the entry of foreigners from 20 countries, six months after the kingdom declared it to contain the spread of Covid-19.




















































