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Mumbai joins flydubai's growing network

Last Updated: Thursday, July 24, 2014, 11:41

Commencing in October 28, flydubai will operate direct flights five times a week between Dubai and Mumbai.

Gulf countries among world's top generators of food waste

Last Updated: Thursday, July 17, 2014, 13:19

Most GCC countries face a dearth in arable land and fresh water sources thus, depend heavily upon imported food staples to meet domestic food demand.

Gulf countries' large dependence on oil&gas a credit risk: S&P

Last Updated: Tuesday, July 01, 2014, 13:01

The UAE economy appears the most diversified in the GCC, with oil and gas contributing only 31 percent of its total exports.

Iran must change to improve ties with Gulf: analysts

Last Updated: Friday, May 30, 2014, 09:13

Iran must prove through actions that it is willing to make key policy changes to mend fences with Gulf Arabs, analysts said ahead of a landmark visit by Kuwait`s emir.

Gulf gains stability as Qatar dispute ends, confirms Qatari foreign Minister

Last Updated: Wednesday, April 23, 2014, 21:47

Qatar`s dispute with three fellow Gulf states, which withdrew their envoys from Doha last month, is "over", the Qatari foreign minister said Wednesday, while insisting his country had made no concessions.

GCC seeks Syria ceasefire for Haj

Last Updated: Thursday, October 10, 2013, 18:29

Gulf Cooperation Council (GCC) has called on the Syrian regime to arrange a cease-fire with rebels out of respect for the sanctity of the Haj.

Homosexuals to be barred from entering Kuwait

Last Updated: Tuesday, October 08, 2013, 19:15

Kuwait claims it has developed a medical test to detect homosexuals in order to prevent them from entering the country or any of the Gulf Cooperation Countries (GCC), which include Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the United Arab Emirates, the Daily Mail reported.

Assets of top 10 Gulf banks rise 16% to $743 bn: Report

Last Updated: Monday, September 02, 2013, 15:05

Four of the top 10 GCC bank are from Saudi Arabia and their assets have grown 10 per cent in the 12 months to end-June 2013, the report said.

Changes in emerging Asia impacting oil-exporting GCC countries

Last Updated: Wednesday, August 14, 2013, 14:38

Imports to GCC have also witnessed a shift in trend as emerging Asia has become GCC's main source of imports.

GCC market capitalisation rose 5.6% in July, report says

Last Updated: Monday, August 12, 2013, 11:22

The collective market capitalisation of bourses in nations of Gulf Cooperation Council (GCC) rose 5.6 percent month-on-month (MoM) in July, a news report says.

'Minimal impact of shale gas on GCC nations for next 20 yrs'

Last Updated: Tuesday, July 30, 2013, 15:45

The report, by Kuwait-based Asia specialist investment firm Asiya Investments, says that Asia's oil consumption growth will outpace natural gas consumption during the same period.

'GCC-India trade can give opportunities for SMEs'

Last Updated: Monday, June 17, 2013, 14:16

Small and Medium Enterprises (SMEs) are one of the fastest growing business segments in the Gulf Cooperation Council (GCC) countries and enhanced bilateral trade between India and the region presents vital opportunities for entrepreneurs, a leading banker has said.