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John Kerry due in Riyadh to seek mending ties with Gulf states

John Kerry due in Riyadh to seek mending ties with Gulf states

General Secretary of Gulf Cooperation Council Abdullateef Alzayani has said that US Secretary of State John Kerry will meet Gulf foreign ministers on Thursday in Manama.

Top 10 Richest Indians in the Gulf

There is a long list of Indians who have established big business empires in the Gulf

IMF chief Christine Lagarde urges Gulf states to bring in taxes

IMF chief Christine Lagarde urges Gulf states to bring in taxes

The International Monetary Fund chief urged on Monday oil-exporting Gulf countries to introduce taxes, warning that low crude prices are likely to stay for an "extended period".

'Money in account of suspected ISI agent came from Srinagar, Gulf countries'

Uttar Pradesh Police on Wednesday said the money in the account of suspected ISI agent Mohammad Eizaz, who was arrested from Meerut on November 27, was deposited from Srinagar and gulf countries.

'Gulf must impose taxes to strengthen fiscal positions'

Gulf countries should start levying taxes to strengthen their fiscal positions in view of the current low oil prices which are expected to slowdown their economies, according to a global organisation for Chartered Accountants.

Qatar economy largest among GCC: Expert

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

Gulf expat workers send home $100 billion: Report

Foreigners working in the energy-rich Arab states of the Gulf sent more than $100 billion in remittances to their home countries last year, an economic report showed Tuesday.

Not in our national interest to have conflict with Iran: Obama

 President Barack Obama has said it is not in the national interest of the US and Gulf nations to have an open ended conflict with Iran, asserting that they welcome an Iran that plays a responsible role in the region.

Gulf oil exporters should cut spending, diversify: IMF

The wealthy monarchies, however, should "not react in a knee-jerk way to lower oil prices", the IMF Middle East and Central Asia chief Masood Ahmed told AFP in an interview Monday.

UN peace envoy to Yemen resigns

The UN peace envoy to Yemen, Jamal Benomar, has resigned, a UN official said Wednesday, after losing support from Gulf countries for his mission in the conflict-riven nation.

Diamond trade under lens for suspected terror financing

Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.

Gulf countries, opposition say Houthi takeover in Yemen a "coup"

 The Gulf Cooperation Council has accused Shi`ite Houthi rebels of staging a coup in Yemen after they announced they were dissolving parliament and forming a new government, Kuwait`s official news agency said on Saturday.

Gulf braces for tough times over oil price plunge

Pumping about 17.5 million barrels per day, GCC countries are forecast to lose at least half their oil revenues, or around $350 billion a year, at current price levels.

Complaints by Indian workers working in Gulf on the rise: Govt

Complaints from Indian workers in some Gulf countries have shown an upward trend with the highest number those in Qatar in the last one year, the government told Rajya Sabha.

UAE shares 55% e-commerce market of Gulf countries

The UAE shares 55 percent e-commerce market of Gulf countries as it registered 300 percent growth in the online market between 2013 and 2014, according to a survey.

20 Keralites in Arabian Business '100 Indian Power List'

As many as 20 entrepreneurs and professionals from Kerala have been named in the annual list of 100 powerful Indians in the Gulf countries with people from the southern state also bagging the top two positions.

Even a Muslim from India is called a Hindu in Gulf countries: Goa CM

Hindu is a word used by "non-Indians referring to Indians, many times irrespective of religion" and in the Gulf countries even a Muslim from India is called a Hindu, Chief Minister Manohar Parrikar said.

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.

Kerry to discuss possible oil supply disruptions from Iraq conflict: Official

US Secretary of State John Kerry will discuss with Gulf countries this week possible oil disruptions from the Iraq conflict, a senior State Department official said on Sunday.