Latest Politics & Economics News

Last Updated: Sun, Jun 26 2016 | 12:19 PM |
Brexit 'wipes out Gulf real estate gains in London'
Property»

Brexit 'wipes out Gulf real estate gains in London'

Sunday, 26 June 2016 2:37 PM

Prime central London residential prices down $96,000 for prospective Gulf investors, experts say

New 2030 plan to inject $44bn into Dubai economy
Politics & Economics»

New 2030 plan to inject $44bn into Dubai economy

Sunday, 26 June 2016 11:50 AM

Aircraft spare part manufacturing, boat building and pharmaceuticals are all part of Dubai Industrial Strategy

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UAE-funded $61m ‘Friendship Road’ opens in Pakistan
Politics & Economics»

UAE-funded $61m ‘Friendship Road’ opens in Pakistan

Sunday, 26 June 2016 10:08 AM

Abu Dhabi Fund for Development opens 72km road link in Waziristan

Growing support in Britain for new EU referendum
Politics & Economics»

Growing support in Britain for new EU referendum

Sunday, 26 June 2016 10:07 AM

More than 2.5 million and rising sign UK petition for new EU referendum

Merkel sees no need to rush Britain into quick EU divorce
Politics & Economics»

Merkel sees no need to rush Britain into quick EU divorce

Sunday, 26 June 2016 10:07 AM

European Central Bank said Britain's financial industry, which employs 2.2 million people, would lose the right to serve clients in the EU unless the country signed up to its single market

Saudi non-oil GDP growth to slow to 2.8% this year, says central bank chief
Politics & Economics»

Saudi non-oil GDP growth to slow to 2.8% this year, says central bank chief

Sunday, 26 June 2016 9:52 AM

Saudi central bank governor Ahmed al-Kholifey said Brexit would not have much impact on Saudi financial institutions because of their limited exposure to Britain and their healthy asset quality

Saudi Arabia, UAE see Brexit having little impact on finances
Politics & Economics»

Saudi Arabia, UAE see Brexit having little impact on finances

Saturday, 25 June 2016 5:20 PM

Saudi Arabia says it had already made some adjustments to assets denominated in sterling and euros in anticipation of the vote

Saudi GDP growth forecast to hit 14-year low in 2016
Politics & Economics»

Saudi GDP growth forecast to hit 14-year low in 2016

Friday, 24 June 2016 10:08 AM

New report says growth in Gulf kingdom is expected to rise by just 0.8% this year, the weakest level since 2002

Clouds over Britain's financial sector after Brexit vote
Politics & Economics»

Clouds over Britain's financial sector after Brexit vote

Friday, 24 June 2016 9:02 AM

Major investment banks have already warned they could move thousands of jobs elsewhere if Britain opts out of the EU

Britain votes to leave EU, PM Cameron resigns
Politics & Economics»

Britain votes to leave EU, PM Cameron resigns

Friday, 24 June 2016 9:01 AM

Global financial markets plunge as results from a referendum showed a near 52-48 percent split for leaving a bloc it joined more than 40 years ago

Kuwait sues IOC for $1bn over Olympic ban
Sport»

Kuwait sues IOC for $1bn over Olympic ban

Thursday, 23 June 2016 7:02 PM

OC suspended Kuwait in October 2015, accusing the gov't of interference in its national Olympic Committee

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German gov't must decide on weapon exports to Saudi Arabia
Politics & Economics»

German gov't must decide on weapon exports to Saudi Arabia

Thursday, 23 June 2016 3:26 PM

German court rules gov't must decide whether to approve a request by Heckler & Koch to export gun parts to Gulf kingdom

Rights group urges Bahrain to reverse cleric deportation decision
Politics & Economics»

Rights group urges Bahrain to reverse cleric deportation decision

Thursday, 23 June 2016 1:42 PM

Human Rights Watch accuses Bahrain rulers of 'slamming shut the door on political reform'

Saudi king 'to unveil $1.3bn of public projects'
Politics & Economics»

Saudi king 'to unveil $1.3bn of public projects'

Thursday, 23 June 2016 10:36 AM

Among projects are multi-million-dollar hospital in Madinah, 45 new schools and utilities plants

Saudi Arabia, Microsoft ink technology training deal
Technology»

Saudi Arabia, Microsoft ink technology training deal

Wednesday, 22 June 2016 1:46 PM

US firm to train young Saudis and help Gulf kingdom grow nascent sector under new agreement

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