GCC

Weak oil prices may hit remittances from Gulf nations: Crisil

Weak oil prices may hit remittances from Gulf nations: Crisil

Continuing weakness in oil prices may impact remittances from Gulf countries into India, a report by domestic ratings agency Crisil said.

LIC's gulf arm tops its overseas chart, chips in 80% income

LIC's gulf arm tops its overseas chart, chips in 80% income

Life Insurance Corporation (LIC) has had a good run in the Gulf countries with its Bahrain-based arm, LIC International, that manages the GCC markets becoming the best among its eight international subsidiaries in terms of new business premium collection in 2015.

17% increase in Indian visitors to Dubai in Jan-Mar 2016

17% increase in Indian visitors to Dubai in Jan-Mar 2016

The number of overnight visitors to Dubai from India increased 17 percent to 4,67,000 in January-March

Gulf an attractive region for expatriates to live in, survey

The Gulf Cooperation Council (GCC) region has been named the most safe and secure place for expatriate professionals, according to a survey.

Sushma Swaraj meets GCC ministers, pushes India-GCC Free Trade Agreement

Sushma Swaraj meets GCC ministers, pushes India-GCC Free Trade Agreement

India continued its mission to cement ties with the Arab world as External Affairs Minister Sushma Swaraj held talks with her counterparts from the Gulf Cooperation Council (GCC) whose nations she said were "an extended part of our neighbourhood".

Doha Bank ties up with Anil Ambani's Reliance Group

Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain and Oman are part of the Gulf Cooperation Council (GCC).

Qatar economy largest among GCC: Expert

Projects worth more than USD 31 billion are expected to be bid in 2015, he said.

Tata Motors flagship showroom launched in Saudi Arabia

The facility in the Saudi capital is said to be one of the largest in the Gulf Cooperation Council (GCC) countries and a statement of commitment from Tata Motors and Manahil International in expanding their base in the kingdom, a statement released by Tata Motors said.

Coalition pounds Yemen capital as UN envoy arrives for talks

Saudi-led coalition warplanes pounded rebel positions across Sanaa overnight, only hours after the UN envoy to Yemen arrived in the capital to discuss stalled Geneva peace talks, residents said Saturday.

Missile shield for Gulf to take years, and heavy US commitment

A US-supplied missile shield to protect Gulf nations against Iranian attacks will take years to complete, requiring a step-up in regional trust, more US sales of sensitive weapons, and intensive US training to avoid mishaps in the volatile region.

Saudi king to skip US-Gulf summit

The Saudi monarch will instead send Crown Prince Mohammad bin Naif, the deputy prime minister.

GCC nations facing pressure due to fall in oil prices: Report

The Gulf Cooperation Council (GCC) countries like Oman and Qatar are facing considerable pressure from the slump in oil prices, as they are heavily dependent on oil and gas revenues, a new report said.

Pakistan delegation heads to Saudi Arabia after Yemen request

Pakistan`s government said Thursday it will dispatch a top civil-military delegation to Saudi Arabia following Riyadh`s request that it join a coalition to defend Yemen`s president, promising a "strong response" to any threat to the Gulf kingdom.

GCC summons Swedish ambassador over minister's remarks

Secretary General of Gulf Cooperation Council (GCC) Abdullatif bin Rashid Al-Zayani on Thursday summoned Swedish Ambassador to Saudi Arabia Dag Juhlin-Dannfelt to register a protest against a criticism of the Kingdom's judicial system by Swedish Minister for Foreign Affairs Margot Wallstrom.

Fiscal pressure mounts on GCC due to dropping oil prices

According to the latest Economic Insight report, private sector job creation and maintaining an inclusive labor market are crucial to achieve long term fiscal sustainability.

Surprise GCC meeting eases Qatar tensions

Gulf leaders agreed Sunday to return Saudi, Emirati, and Bahraini envoys to Qatar, ending eight months of tense relations with the gas-rich state over its support for the Muslim Brotherhood.

Mumbai joins flydubai's growing network

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

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

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

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.