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: March 24, 2013
IRAQ. US Secretary of State John Kerry pressed Iraq to stop allowing Iranian flights apparently carrying military equipment through its airspace headed to Syria.
Posted: March 20, 2013
SAUDI ARABIA. Interior Minister spokesman told state television it was "an espionage case" and that the suspects had been "involved in a spying cell for a state".
Posted: March 15, 2013
INTERNATIONAL. After a "verbal warning" from the U.S., the Iranian F-4 jet that came within 16 miles of the unmanned plane broke off, according to a Pentagon statement.
Posted: February 21, 2013
INTERNATIONAL. Visitors to the largest broadband event in the Middle East and Africa will gain insight into how emerging markets are progressing despite challenging circumstances.
Posted: February 8, 2013
UAE. HSBC's Dubai-based Middle East unit will stop personal-banking services to some customers with links to countries subject to European Union and U.S. sanctions.
Posted: February 5, 2013
EGYPT. First trip by an Iranian head of state since the 1979 revolution, underlines the thaw in relations since Egyptians elected an Islamist head of state.
Posted: January 28, 2013
UAE. Dubai government-owned refiner already buys condensate, a light hydrocarbon liquid found along with crude oil or natural gas, from Qatar.
Posted: January 22, 2013
INTERNATIONAL. Founder of the World Economic Forum, sees political "black swan" events threatening global security even as economic risks subside, with confidence returning to the euro area.
Posted: January 11, 2013
INTERNATIONAL. Iran rejected media reports that it is behind a wave of online attacks against U.S. banks, saying it disapproves of offensives against financial bodies.
Posted: December 29, 2012
IRAN. The drill, which covers a large area extending to the Sea of Oman and the north of the Indian Ocean, is aimed at "displaying the readiness of armed and naval forces to defend Iran's waterway and national interests."
Posted: December 11, 2012
INTERNATIONAL. Decreases totaling 140,000 b/d from Angola, Iran, Libya, Nigeria and Saudi Arabia were partly offset by increases totaling 50,000 b/d from Ecuador, Qatar and the UAE.
Posted: December 8, 2012
INTERNATIONAL. HSBC Holdings and Standard Chartered may settle U.S. charges involving money-laundering violations and dollar-clearing transactions on behalf of Iranian clients as soon as next week.
Posted: December 7, 2012
INTERNATIONAL. Iranian oil tankers are contending with longer delays in shipments and some are idled amid increasing pressure on buyers to curb purchases.
Posted: December 4, 2012
IRAN. Iran's Revolutionary Guards claimed on Tuesday to have "captured" a small US drone over Gulf waters after it entered Iranian airspace on an intelligence-gathering mission.
Posted: November 30, 2012
INTERNATIONAL. The measure would target Iran's main sources of revenue and seek to prevent it from evading sanctions by buying gold with local currency earnings.
date:Posted: June 18, 2013
UAE. Atiq ur Rehman, CEO Citi - Middle East division - discussed the appeal of Dubai and its competitiveness as a global city, during a speech to over 100 graduating Executive MBA students and alumni at London Business School's "Spring Celebration Event".
date:Posted: June 18, 2013
INTERNATIONAL. Little substantive change will occur beyond more careful rhetoric regarding both Iran's nuclear program and Tehran's support for the embattled Syrian regime. While challenges to both Iran's domestic policy realignment and outreach to the US thus remain, Western and regional hopes for such change endure.