INTERNATIONAL. Something extraordinary, albeit not unexpected, is happening in the Persian Gulf region. The United States, lacking a coherent strategy to deal with Iran and too distracted to develop one, is struggling to navigate Iraq’s fractious political landscape in search of a deal that would allow Washington to keep a meaningful military presence in the country beyond the end-of-2011 deadline stipulated by the current Status of Forces Agreement.
At the same time, Saudi Arabia, dubious of U.S. capabilities and intentions toward Iran, appears to be inching reluctantly toward an accommod
Posted: April 15, 2014
INTERNATIONAL. IHS examines three economic growth scenarios dependent on P5+1 outcome; 1.5% rise forecast for FY 2014/2015 after prolonged contraction.
Posted: April 12, 2014
INTERNATIONAL. U.S. cites the envoy's links to the 1979-1981 hostage crisis; The dispute may disrupt delicate negotiations over Iran's nuclear program.
Posted: April 10, 2014
INTERNATIONAL. OPEC foresees gradual increases from Iraq and Iran, while Libya is capable of boosting output by as much as 1 million barrels within a month, Secretary-General Abdalla El-Badri said.
Posted: March 29, 2014
INTERNATIONAL. During a meeting at the king's desert compound Obama and Abdullah discussed steps to help opponents of Syria's President Bashar al-Assad while isolating extremists.
Posted: March 27, 2014
UAE. Companies are eager to find out what the temporary relaxation, and the future expected lifting of sanctions, means for accessing the Iranian market.
Posted: March 26, 2014
UAE. Discussions to be held at Iran Oil & Gas 2014 Summit, taking place in Dubai on 23-25 June; Platform to gauge the latest developments and new business opportunities during this pivotal time for Iran's oil and gas industry.
Posted: March 10, 2014
UAE. Dubai's non-oil trade expanded 7.6% last year, slowing from 13% growth in 2012, but the emirate's trade with Iran stabilised despite US economic sanctions.
Posted: February 26, 2014
INTERNATIONAL. Saudi Arabia is likely to be the first country to seek nuclear weapons of its own without necessarily going through the process of developing a nuclear program, because the Saudis would need to acquire nuclear deterrence capabilities within a very short period of time once Iran becomes a nuclear power.
Posted: February 24, 2014
INTERNATIONAL. Iran will offer foreign partners incentives to find and pump more oil & gas and will pay some fees in barrels as it seeks to boost income once international sanctions are lifted.
Posted: February 16, 2014
INTERNATIONAL. A short term focus on political and security concerns has stood in the way of the structural reforms needed for growth and stability.
Posted: February 14, 2014
INTERNATIONAL. The prospect of access to Iran's US$500 billion economy is tempting executives from around the world, as negotiators resume their slog toward a nuclear deal.
Posted: February 11, 2014
IRAN. The Iranian President had foreign-policy successes to showcase when he spoke in Tehran's Azadi Square. The economic gains will follow, he said.
Posted: February 11, 2014
INTERNATIONAL. Removal of certain major sanctions imposed on Iran coupled with growing demand for automobiles in domestic market to drive Iranian tyre industry during 2014-19.
Posted: February 7, 2014
OMAN. By circumventing the Strait of Hormuz the railway would dilute the impact of further closure threats to a waterway through which some 20% of crude supplies pass to reach global markets.
Posted: January 23, 2014
INTERNATIONAL. Iranian president says his country won't impede progress toward a nuclear deal and will use "constructive engagement" to help the sanctions-hit economy recover.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.