Latest in Tag: Gulf Cooperation Council Highlight
Latest in Tag: Gulf Cooperation Council

Arab League, GCC chiefs discuss latest developments, challenges facing region
Aboul Gheit also meets Iraq and Lebanon Foreign Ministers over regional issues

Egypt signs reconciliation agreement with Qatar to end 3-year rift
Saudi Arabia, Qatar reopen borders as part of reconciliation deal

Saudi Arabia to host 41st GCC summit to discuss Qatar crisis
Summit expected to attend mainly to relations with Iran, its nuclear programme

39th GCC summit closes in Riyadh without resolving Gulf Crisis
Meeting calls for achieving regional unity, Kuwait calls for stopping media campaigns

GCC states top Arab countries in 2016 FDI inflows
Gulf Cooperation Council states led the Arab world in terms of foreign direct investment (FDI) inflows during 2016, as stated by a report issued by Dhaman, the Kuwait-based Arab Investment and Export Credit Guarantee Corporation. The UAE topped the list with around $9bn, followed by Egypt and Saudi Arabia in second and third places respectively. …

Abo El-Gheit praises Kuwaiti mediation, Qatar does not know reasons of the blockadeÂ
“In accordance with our Islamic teachings,” Morocco sends food products to QatarÂ

Economic activities slow down in GCC countries in 2016: IMF
Drop in oil prices worldwide is an opportunity for Egypt to get rid of fuel subsidies gradually, says Masood Ahmed

GCC stock markets achieve collective gains in weekly transactions
Qatar Stock Exchange rose by 3.19% and closed at 9,837 points, recording transactions of QR 911.153m.

Difficult operating environment expected in GCC region: Alix Partners
GCC economies are highly vulnerable to global economic fluctuations

Egypt condemns attack on UAE embassy in Yemen
The attack took place on Sunday as the UAE takes part in Saudi-led coalition against Houthis

Egypt yet to receive Arab deposits: CBE governor
Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt of Kuwait’s $2bn in deposits

Gulf human rights declaration increases heat on Qatar to act on migrant workers’ rights
By James M. Dorsey The adoption of a human rights declaration by the Gulf Cooperation Council (GCC) that was designed to shield wealthy Gulf monarchies including 2022 World Cup host Qatar from criticism by human rights and trade union activists is likely to increase pressure on the sports-focused Gulf state to significantly alter its controversial …

Gulf agreement on improved migrant worker conditions unlikely to end activist pressure
By James M. Dorsey Wealthy Gulf nations have agreed on measures to improve the working and living conditions of migrant workers who constitute a substantial segment, if not the majority, in a number of Gulf Cooperation Council (GCC) member states. The measures constitute a bid to fend off more far-reaching demands by human rights …

Activists expand labour and human rights campaign beyond Qatar
By James M. Dorsey Human rights groups and trade unions have stepped up pressure on Qatar to reform its restrictive labour system, and have expanded their campaign to include all six wealthy members of the Gulf Cooperation Council (GCC). The activists hope that Qatar may move quicker on promised reforms, given that the integrity of …

Kuwait grants Oman $2.5bn as development aid: report
Oman and Kuwait are members of the energy-rich GCC along with Bahrain, Qatar, Saudi Arabia and United Arab Emirates.

Iran denies link to spy cell arrests in Saudi
the interior ministry in Riyadh said authorities had arrested 16 Saudis, an Iranian and a Lebanese in four regions of the country

Iran accuses Gulf States of supporting Somali piracy
A commander in the Iranian Revolutionary Guard Corps is accusing Saudi Arabia, Yemen, and the United Arab Emirates of supporting Somali piracy.