Gulf State Business

Economists have cut growth forecasts for most of countries of the Gulf as non-oil business activity slows because of government austerity measures.

Published in Saudi Arabia

A Kuwaiti court sentenced a Shiite lawmaker to 14 years and six months in absentia for remarks deemed highly offensive to fellow Gulf states Saudi Arabia and Bahrain.

Published in Kuwait

New election law bars those who insult God, prophets, Amir.

Published in Kuwait

2014 plan to offer stateless people citizenship in Comoros to help settle the issue has been criticised by lawmakers.

Published in Kuwait

The economic slowdown gripping countries across the Persian Gulf can be seen in layoffs, slowed construction projects and government cutbacks. For the millions of foreign workers drawn by brighter job prospects, it can have a far-darker side if they find themselves deep in debt.

Published in Qatar

They will all be deported after they serve their sentence.

Published in Kuwait

Comoros is ready to take in thousands of stateless Bidoons denied citizenship in the Gulf state of Kuwait.

Published in Kuwait

State-owned refiner Kuwait National Petroleum Co (KNPC) yesterday signed the first tranche of financing for its multi-billion-dollar Clean Fuels Project, a major plank of the country’s economic development plan.

Published in Kuwait

The National Assembly yesterday overwhelmingly passed a law allowing the government to hike electricity and water charges for expatriates after completely excluding Kuwaiti citizens.

Published in Kuwait

Kuwait and Saudi Arabia appear no closer to restarting their jointly operated Khafji oilfield, industry sources said, despite Kuwait saying the sides had agreed to ramp up output after an 18-month shutdown.

Published in Kuwait

Kuwait Stock Exchange (KSE) is now fully operated by Kuwait Bourse Company and will officially join the private sector today, KSE announced yesterday.

Published in Kuwait

The nation’s financial and economic reform plan does not embody any notion of privatizing oil and gas production or education or health services or selling government assets to individuals or firms that may monopolize them, said Deputy Premier, Finance Minister and acting oil minister Anas Al-Saleh yesterday.

Published in Kuwait

Nearly 58 percent of unemployed Kuwaitis refuse to work in the private sector, preferring to wait until a public sector job becomes available, according to government labor statistics released this week.

Published in Kuwait

Thousands of Kuwaiti oil workers began an open-ended strike yesterday in protest at plans to cut their wages, action which saw the state’s crude production plunge.

Published in Kuwait
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Events

International workshop on state-business relations in the GCC Institute of Arab and Islamic Studies Exeter, 12-13 September...

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