Gulf Countries

News

Beer just got nearly one-third cheaper in Qatar, host of the 2022 World Cup

Prices at country's sole liquor store saw a 30% dropQatar restricts alcohol sales to non-Muslim foreigners

1 min read10 Jul 2019
News

Isolated Qatar beats its Gulf peers in 2018's asset scorecards

Even though Qatar is the one that's been isolated, its assets have fared better this year than other Gulf nations

1 min read27 Dec 2018
Market

India remittances from gulf getting slippery due to oil prices

Given that a large chunk of India's remittances are from the gulf countries, the movement in oil prices has a big influence on it

1 min read20 Nov 2018
Market

Kerala's remittance economy showing signs of slowdown

With over 2 million emigrants, Kerala bags over 19% of remittances into India. However, that's set to slow down, with declining emigration in recent years

1 min read22 Aug 2018
Politics

Dubai ruler sets up committee to aid Kerala flood relief

The Kerala floods committee announced by Dubai ruler Mohammed bin Rashid Al Maktoum will also seek the help of prominent Indians in the UAE

1 min read19 Aug 2018
Market

Higher oil prices may not amount to higher remittances this time

Stronger economic conditions in advanced economies should offer some support to overall remittances to India

2 min read11 Jun 2018
News

Saudi king orders reopening of Qatar border to pilgrims

Saudi Arabia's King Salman orders reopening of border with Qatar to facilitate the annual hajj pilgrimage, in the first signs of a thaw after the region's worst diplomatic crisis in years

2 min read17 Aug 2017
News

Gulf banks are said to be refusing to extend Qatar deposits

Foreign deposits at Qatar's banks may fall further after dropping the most in almost two years in June as some Gulf lenders have reportedly refused to roll over holdings

1 min read6 Aug 2017
News

Saudi coalition downs Yemen rebel missile near Mecca

A ballistic missile fired by Yemen's Houthi rebels toward Mecca in Saudi Arabia was shot down without causing any damage, said the Saudi-led coalition fighting in Yemen

1 min read28 Jul 2017
Politics

India sees 34.6% fall in number of workers emigrating to Gulf nations: report

Number of Indian workers emigrating to six Gulf countries dropped from 775,845 in 2014 to 507,296 in 2016, leading to decline in remittances, says government

1 min read24 Jul 2017