Latest Politics & Economics News

Last Updated: Mon, Feb 27 2017 | 3:25 PM |
Saudi consumer price deflation likely to be short-lived, say analysts
Politics & Economics»

Saudi consumer price deflation likely to be short-lived, say analysts

Saturday, 25 February 2017 1:12 AM

Jadwa Investment says planned increase in household electricity prices by mid-2017 'should accelerate inflation to early 2016 levels'

Saudi King launches investment drive with Asia tour
Politics & Economics»

Saudi King launches investment drive with Asia tour

Friday, 24 February 2017 7:20 PM

King Salman starts month-long Asian tour on Sunday to build ties with the world's fastest growing importers of Saudi oil

Investigators clear Saudi-led forces of 2015 attacks in Yemen
Politics & Economics»

Investigators clear Saudi-led forces of 2015 attacks in Yemen

Friday, 24 February 2017 3:03 AM

Body set up to investigate civilian casualties in Yemen says technical fault was responsible for the death of seven people in one air strike

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Saudi economy forecast to continue slowdown in 2017
Politics & Economics»

Saudi economy forecast to continue slowdown in 2017

Friday, 24 February 2017 2:42 AM

Jadwa Investment says growth in kingdom will be dragged down by oil sector; non-oil sector to 'remain subdued'

GCC food import bill to hit $53.1bn in 2020 - Alpen Capital
Politics & Economics»

GCC food import bill to hit $53.1bn in 2020 - Alpen Capital

Thursday, 23 February 2017 2:30 PM

Implementation of 5% VAT will increase food prices in Gulf countries, says new report

Bahrain, India consider scrapping scheme to protect migrant maids
Politics & Economics»

Bahrain, India consider scrapping scheme to protect migrant maids

Thursday, 23 February 2017 9:49 AM

The scheme gives financial aid to migrant maids

Iran sends delegation to Saudi Arabia for haj talks
Politics & Economics»

Iran sends delegation to Saudi Arabia for haj talks

Thursday, 23 February 2017 9:19 AM

Tehran boycotted last year's pilgrimage after Iran blamed the disaster on organisers' incompetence

UAE wastes $3.5bn of food annually, says Alpen Capital
Politics & Economics»

UAE wastes $3.5bn of food annually, says Alpen Capital

Thursday, 23 February 2017 9:18 AM

GCC food consumption forecast to rise to 59.2m metric tonnes in 2021 from 48.1m in 2016

Bahrain doubles foreign direct investment
Politics & Economics»

Bahrain doubles foreign direct investment

Wednesday, 22 February 2017 12:13 PM

Ikea among 40 new companies to invest in GCC country

US Senator McCain meets UAE, Saudi officials
Politics & Economics»

US Senator McCain meets UAE, Saudi officials

Wednesday, 22 February 2017 12:06 PM

Former US presidential candidate on a tour of the region

Saudi could bring $25bn investment to Indonesia
Politics & Economics»

Saudi could bring $25bn investment to Indonesia

Wednesday, 22 February 2017 9:55 AM

King travelling with entourage of 1,500, official says

Oman set to announce new bond amid $7.8bn deficit
Politics & Economics»

Oman set to announce new bond amid $7.8bn deficit

Tuesday, 21 February 2017 2:12 PM

Sources say gov't of Oman will launch US dollar bond issue later this week

Bahrain's inflation rate falls sharply in January
Banking & Finance»

Bahrain's inflation rate falls sharply in January

Tuesday, 21 February 2017 2:04 PM

Rate drop is driven by decrease in food prices, according to country's statistics office

UAE to develop fighter jets with Russia
Politics & Economics»

UAE to develop fighter jets with Russia

Tuesday, 21 February 2017 1:08 PM

The two countries have signed an agreement on military engineering cooperation

Dubai government entity seeks consultant for VAT compliance
Banking & Finance»

Dubai government entity seeks consultant for VAT compliance

Tuesday, 21 February 2017 12:25 PM

UAE Finance Ministry says the consumption tax will apply to majority of transactions in goods and services

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