Gcc

Companies

We’ll be looking at acquisition opportunities in north India: Dr Azad Moopen

If you look at most of the hospitals, listed firms don’t have significant return on capital invested in India, says Dr MoopenPromoted by Dubai-based Indian healthcare billionaire Dr Azad Moopen, Aster DM is looking for acquisitions to expand its presence in northern India

3 min read7 Mar 2019
News

What a difference $10 billion aid makes to Gulf's weakest link

Bahrain and Oman are the most vulnerable economies in the Gulf, but one has a $10 billion bailout package and the other is on its own

1 min read12 Dec 2018
News

US trying to ‘embarrass' Pakistan with terror financing list: Minister

Washington last week persuaded member states of the Financial Action Task Force (FATF) to place Pakistan back on the grey list of nations with inadequate terrorist financing controls

3 min read26 Feb 2018
News

UAE, Saudi Arabia forming new group, separate from GCC

The United Arab Emirates announces formation of a new economic, partnership group with Saudi Arabia, separate from the GCC a move that could undermine the council amid a diplomatic crisis with Qatar

4 min read5 Dec 2017
Industry

IMF tells Gulf states to speed up switch from oil

The IMF advised energy-rich Gulf economies to speed up their diversification away from oil after projecting the worst growth for the region

2 min read31 Oct 2017
News

Bahrain suggests freezing Qatar's GCC membership

Bahrain's foreign minister suggests suspending Qatar's Gulf Cooperation Council (GCC) membership until it accepts the demands of its Arab adversaries

1 min read30 Oct 2017
Companies

Emami to explore new overseas manufacturing units to meet demand

Emami Limited is exploring options to set up new manufacturing units in international markets to meet growing demand Africa, Russia and UAE

1 min read8 Jul 2017
News

Saudi-led block does not want regime change in Qatar: UAE

Saudi Arabia and its allies want to resolve their rift with Qatar through diplomacy and don't seek a regime change, said UAE's minister of state for foreign affairs

1 min read24 Jun 2017
News

Saudi finance minister says ‘brother state' Qatar must act to end crisis

Saudi Arabia's foreign minister Adel Al-Jubeir says Qatar is a 'brother state' and the steps taken against the emirate are a well-intentioned effort to stop its support for Islamic extremism

1 min read7 Jun 2017
News

Qatar foreign minister calls for calm as diplomatic crisis spirals

Qatar's FM Sheikh Mohammed bin Abdul Rahman Al-Thani has called for dialogue and insisted ties to the US would remain strong despite the current diplomatic storm

1 min read6 Jun 2017