SAUDI ARABIA. The six Gulf monarchies Tuesday responded to Arab uprisings by agreeing to expand their regional grouping to include pro-Western Jordan and Morocco and urged a quick political deal in Yemen.
The Gulf Cooperation Council (GCC) welcomed bids by the two Arab kingdoms to join the six-nation grouping of Gulf monarchies, its secretary general Abdullatif al-Zayani said.
"Leaders of the GCC welcomed the request of the Hashemite Kingdom of Jordan to join the council and instructed the foreign ministers to enter into negotiations to complete the procedures," Zayani told reporters.
MOROCCO. The new strategy, for fiscal years 2014 to 2017, aims to lend momentum to the Moroccan government's key reform and development programs; Gender, youth, voice and participation will be the guiding beacons.
UAE. The Middle East and Africa (MEA) enterprise hardware market, comprising servers and external storage, remains in a passive state according to the latest figures released by International Data Corporation (IDC).
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.