Latest Politics & Economics News

Last Updated: Wed, Feb 10 2016 | 10:41 AM |
Bahrain warns over tobacco tax price-hikes
Politics & Economics»

Bahrain warns over tobacco tax price-hikes

Wednesday, 10 February 2016 2:41 PM

Traders were allegedly stock-piling cigarettes and increasing prices following new import duty

Kuwait’s Sheikh Salman presents sports revamp strategy to the cabinet
Politics & Economics»

Kuwait’s Sheikh Salman presents sports revamp strategy to the cabinet

Wednesday, 10 February 2016 12:50 PM

Report aims to upgrade the level of athletes in local and external competitions

Huge expansion to Dubai’s Dragon Mart opens for business
Retail»

Huge expansion to Dubai’s Dragon Mart opens for business

Wednesday, 10 February 2016 11:31 AM

Second phase of Nakheel’s International City project launched by Sheikh Mohammed

Kuwait backs alliances against ISIL, but no troops in offensive operations
Politics & Economics»

Kuwait backs alliances against ISIL, but no troops in offensive operations

Wednesday, 10 February 2016 9:39 AM

Kuwait says constitution limits armed role

US-Iranian businessman's jailing sends chilling message to investors
Politics & Economics»

US-Iranian businessman's jailing sends chilling message to investors

Wednesday, 10 February 2016 9:37 AM

Dubai-based executive Siamak Namazi was left behind in US-Iran prisoner swap and may be pawn in Iran power struggle

Saudi Arabian builders delay payments amid state spending clampdown
Construction»

Saudi Arabian builders delay payments amid state spending clampdown

Wednesday, 10 February 2016 9:37 AM

Ministry of Labour issued a public statement saying workers at a “major institution” had complained they had not been paid for months

Saudi Arabia, Bahrain ban Iranian ships from ports, according to reports
Transport»

Saudi Arabia, Bahrain ban Iranian ships from ports, according to reports

Wednesday, 10 February 2016 9:37 AM

Iran has been struggling to ramp up oil exports and still faces insurance and financing hurdles despite the lifting of international curbs last month

Obama urges Arab world to set up inclusive governments
Politics & Economics»

Obama urges Arab world to set up inclusive governments

Tuesday, 9 February 2016 5:19 PM

The US president praised the UAE for its innovation, security and stability

UAE expects to ratify federal debt law this year, official says
Politics & Economics»

UAE expects to ratify federal debt law this year, official says

Tuesday, 9 February 2016 5:05 PM

The seven individual emirates in the UAE issue bonds, but the federal government has not done so in the absence of such a law

Bahrain said to invest $250 million in Russian state investment fund
Politics & Economics»

Bahrain said to invest $250 million in Russian state investment fund

Tuesday, 9 February 2016 2:36 PM

Russian foreign minister Sergey Lavrov said a further $255 million worth of projects are in the pipeline

Saudi billionare loses right to immunity in $6bn divorce case
Politics & Economics»

Saudi billionare loses right to immunity in $6bn divorce case

Tuesday, 9 February 2016 11:23 AM

Sheikh Walid Juffali, chairman of one of the kingdom’s largest family firms, E A Juffali and Brothers, is facing a claim on his estimated $6bn fortune from his ex-wife Christina Estrada

UAE to get ministers of ‘happiness’ and ‘tolerance’
Politics & Economics»

UAE to get ministers of ‘happiness’ and ‘tolerance’

Tuesday, 9 February 2016 11:22 AM

Sheikh Mohammed announces creation of new posts as part of ministerial shake-up

Weak construction market weighs down Dubai’s private sector growth
Politics & Economics»

Weak construction market weighs down Dubai’s private sector growth

Tuesday, 9 February 2016 10:50 AM

Emirate’s private sector posts slowest growth in 6 years in Jan, according Emirates NBD Dubai Economy Tracker Index

ISIL claims car bomb blast in Saudi capital
Politics & Economics»

ISIL claims car bomb blast in Saudi capital

Tuesday, 9 February 2016 9:21 AM

A citizen reported that his car had been damaged by a blast on Monday while parked in front of his house in the city's Al-Azizia district

Oman to borrow $5-10 billion from abroad to finance budget deficit, says central bank
Banking & Finance»

Oman to borrow $5-10 billion from abroad to finance budget deficit, says central bank

Tuesday, 9 February 2016 9:20 AM

Exec president Hamood Sangour al-Zadjali said government might issue eurobonds by the middle of this year


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