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

UAE has introduced a federal law banning the use of VPNs to try to avoid paying for expensive VOIP services.

Published in UAE

The U.S. State Department has approved the sale of $785 million in bombs to the United Arab Emirates for the U.S.-led campaign against Islamic State militants in Syria and Iraq, the Pentagon said on Tuesday.

Published in UAE

The Abu Dhabi investment fund Ipic has said that it lost US$2.7 billion last year because of writedowns, low prices for resources and difficult market conditions.

Published in UAE

Combination aims to secure cost savings amid slump in oil prices.

Published in UAE

The contract for the Route 2020 project has been awarded by the Roads and Transport Authority to a consortium of French, Spanish and Turkish firms at a cost of Dh10.6 billion.

Published in UAE

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

The move is based on shared religious, historical, social and cultural ties between the UAE and Saudi Arabia.

Published in UAE

A company has been formed to operate and maintain the Arab world's first nuclear power plant.

Published in UAE

The developers of the Dh6.86 billion, 402-megawatt Dudgeon offshore wind plant in the UK, Masdar and two state-backed Norwegian energy companies, have secured financing for the project.

Published in UAE

Abu Dhabi National Energy Co is considering whether to sell its overseas oil and gas assets to another Abu Dhabi state-owned entity as it focuses on its core business of power generation and water production, sources told Reuters.

Published in UAE

The diaspora is highly potent in that India today receives more foreign exchange from remittances compared to FDI.

Published in UAE

The Al Hosn Shah Sour Gas Development Project is the first ultra sour gas project to produce and safely process more than one billion cubic feet per day of ultra sour gas from a single gas plant.

Published in UAE

Abu Dhabi expects to post a wider budget deficit of 36.9 billion dirhams ($10.1 billion) in 2016 because of low oil prices, and plans to cover the gap mainly with international bond issues, a prospectus for a bond sale by the emirate showed.

Published in UAE
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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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