Gulf states urge world to do more to help refugees
Gulf monarchies on Tuesday called for the international community to take greater responsibility in aiding Syrian refugees after the oil-flush states faced questions over the number of people they have accepted.
Sep 16, 2015, 02:35 AM IST
Qatar economy largest among GCC: Expert
Projects worth more than USD 31 billion are expected to be bid in 2015, he said.
Jul 06, 2015, 15:58 PM IST
Gulf expat workers send home $100 billion: Report
Foreigners working in the energy-rich Arab states of the Gulf sent more than $100 billion in remittances to their home countries last year, an economic report showed Tuesday.
Jun 09, 2015, 16:53 PM IST
Saudi king to skip US-Gulf summit
The Saudi monarch will instead send Crown Prince Mohammad bin Naif, the deputy prime minister.
May 11, 2015, 13:05 PM IST
GCC nations facing pressure due to fall in oil prices: Report
The Gulf Cooperation Council (GCC) countries like Oman and Qatar are facing considerable pressure from the slump in oil prices, as they are heavily dependent on oil and gas revenues, a new report said.
Apr 06, 2015, 15:46 PM IST
Fiscal pressure mounts on GCC due to dropping oil prices
According to the latest Economic Insight report, private sector job creation and maintaining an inclusive labor market are crucial to achieve long term fiscal sustainability.
Mar 03, 2015, 15:46 PM IST
Oil plunge to cost GCC exporters $300 billion: IMF
The plunge in the oil price will cost the powerful energy exporters of the Gulf Cooperation Council around $300 billion, threatening to send many into budget deficits, the IMF reported Wednesday.
Jan 21, 2015, 22:54 PM IST
Middle East needs to invest $18 bn on new pipelines
The Middle East will need to invest around USD 18 billion over the next five years in new pipelines and associated infrastructure to ensure a high volume to weight ratio, according to a global energy agency.
Jan 13, 2015, 14:29 PM IST
Gulf braces for tough times over oil price plunge
Pumping about 17.5 million barrels per day, GCC countries are forecast to lose at least half their oil revenues, or around $350 billion a year, at current price levels.
Dec 19, 2014, 10:21 AM IST
SBI to take part in Arab Asia Business Partnership Summit 2014
The theme of the event scheduled from December 9-12, is 'Reinventing Regional Markets', which is organised in collaboration with the Confederation of Indian Industry (CII).
Dec 08, 2014, 14:23 PM IST
No need for urgent OPEC meet on lower oil price: Kuwait
OPEC member Kuwait said on Thursday there was no need to call an emergency meeting for the producers` cartel to discuss sliding oil prices after crude hit a 17-month low.
Sep 11, 2014, 18:04 PM IST
