GCC secretary-general signals stronger energy ties with Egypt at EGYPES 2026
The Gulf Cooperation Council (GCC) is looking to deepen energy cooperation with Egypt, Secretary-General Jasem…
Browsing Tag
Gulf cooperation council
Gulf states pledge $100mln in aid to Gaza
The Gulf Cooperation Council announced on Tuesday it pledged $100 million in emergency aid for the Gaza Strip.
Japanese companies to expand projects in KSA – Kishida
Fumio Kishida, the Japanese Prime Minister, said that there are 110 Japanese companies operating in Saudi Arabia,…
GCC economic growth expected to slow to 2.5% in 2023 – World Bank
Gulf Cooperation Council’s (GCC) economies expected to grow at a slower pace by 2.5 percent in 2023 compared to 7.3…
Gulf Summit to start in Kuwait despite internal challenges
Leaders of the Gulf Cooperation Council are expected to meet on Tuesday at the 38th GCC Summit in Kuwait, in the…
Saudi Arabia captures 19% of Egypt’s 2016 frozen vegetables and fruits exports
The Egyptian Food Export Council (EEC) announced Thursday that Saudi Arabia had captured 19 percent of Egypt’s…
Gulf states, Turkey exempt Egypt from iron, tire export tariffs: minister
The six-nation Gulf Cooperation Council and Turkey have approved to exempt Egypt’s exports from iron and tire…
British PM heads to Bahrain to cement Gulf ties before Brexit
Prime Minister Theresa May will travel to Bahrain this week for a meeting of the Gulf Cooperation Council that she…
US seeks Gulf special force, naval cooperation
The United States is seeking greater special forces and naval cooperation with the Gulf states to counter Iran's…
Egypt FM: Arab League labeled Hezbollah ‘acts’ terrorist, not group
Egyptian Foreign Minister Sameh Shoukry stated Sunday that the recent Arab League resolution had labeled certain…
Fitch says Egypt pound devaluation ‘credit positive’, economic challenges remain
Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly…
Lebanon’s Hariri says to keep dialogue open with Hezbollah
Former Lebanese prime minister Saad al-Hariri, a Sunni Muslim, said on Wednesday he would keep domestic dialogue…
Gulf Arab states designate Hezbollah a terrorist organisation
The six-member Gulf Cooperation Council has designated Hezbollah a terrorist organisation, it said on Wednesday,…
Bahrain says ready to commit ground forces to Syria
Bahrain is ready to commit ground troops to Syria as part of a US-led coalition against Islamic State group, the…
Gulf Council investments in building materials hit $37bn in 2014- GOIC
The investments of Gulf Cooperation Council (GCC) region in building materials sector reached US$37 billion in…
Kerry confident Syria talks can proceed
U.S. Secretary of State John Kerry said on Saturday he was confident Syria peace talks would proceed, after he held…
Saudi King calls for Syria, Yemen solutions at Gulf Summit
Saudi King Salman called for political solutions to the wars in Syria and Yemen, while condemning "terrorism," at…
Obama seeks to reassure Gulf Allies on Iran, Security at Summit
President Barack Obama will seek to convince Gulf allies including Saudi Arabia on Thursday that the United States…
King Salman’s absence from U.S. Summit shows Saudi Displeasure over Iran push
The Saudi king's absence from a regional summit to be hosted by President Barack Obama shows how Gulf states,…
Obama expected to push for Gulf Missile Defense at U.S. Summit
President Barack Obama is expected to make a renewed U.S. push next week to help Gulf allies create a region-wide…
World Bank: Some MENA States seen 4% Growth, Egypt and Morocco in Focus
Triggered by some policy reforms and low oil prices, a third of the Middle East Countries are expected 4 percent…
Qatar Says Recalls Ambassador to Egypt amid Dispute over Air Strikes in Libya
Qatar has recalled its ambassador in Cairo "for consultations", state news agency QNA said late on Wednesday, amid…
Qatar Joins Gulf Monarchies in Supporting Egypt’s Sisi
Qatar joined its neighbours at a summit Tuesday in supporting Egypt under President Abdel Fattah El-Sisi. In their…
Egypt, IS, and Oil Prices Top GCC Summit Agenda
After reconciliation with Qatar, the 35th GCC summit will tackle thorny topics of instability and the rise of…
Saudi King Hails Riyadh Pact, Urges Egypt Cooperation
Saudi King Abdullah bin Abdulaziz praised on Wednesday a recent meeting in Riyadh that saw an end to the rift…
Saudi King Calls on Egypt to Back Gulf Settlement with Qatar
Saudi Arabia has called on Egypt to back a recent agreement forged between the leaders of three Gulf States to end…
Cairo Hosts 21st Meeting of OAPEC’s Environment Experts Tomorrow
Egypt will host Tuesday the 21st Meeting of the Environment and Climate Change Experts of the Organization of the…
Egypt’s Electronic Payment Platform Fawry to Expand into Gulf
Fawry, the platform which allows Egyptian consumers to pay for services electronically, announced on Saturday that…
Bahrain’s Ahli United Bank Considers Sale or Merger: Sources
Ahli United Bank (AUB) AUBB.BH, Bahrain's largest lender, is evaluating a sale or a merger with a rival bank in a…
Qatar Rebounds After Govt Commits to GCC Security; Most of Gulf up
Qatar's stock market bounced back on Thursday, leading gains in a mostly upbeat Gulf region after the Qatari…
Qatar ‘Regrets’ Gulf Envoys Withdrawal, Will Not Reciprocate
Qatar said on Wednesday it regretted the decision of three fellow Gulf monarchies to withdraw their envoys to Doha,…
Dispute not Egypt-Qatar, but Qatar against Most Arab States: FM Official
Egypt's foreign ministry will not return its ambassador to Qatar, a move that looks to further diplomatically…
SocGen Resurgent in Gulf as Bank Seeks Growth After Crisis
Societe Generale SA (GLE), France’s second-largest bank, is seeking to boost lending in the Middle East as part of…
GCC to Reiterate Support for ‘Egyptian People’s Choice’
The Gulf Cooperation Council (GCC) is to reiterate its full and determined support for Egypt's interim authorities.…
Gulf States, Minus Qatar, Rally Egypt Investment to Buoy Army Power
With one notable exception, wealthy Gulf Arab states are encouraging investment in Egypt to help shore up its…
Israel Establishes ‘Virtual’ Gulf Embassy
The Israeli foreign ministry has opened its first “virtual embassy” – a Twitter account targeting citizens of the…
Egypt’s Exports Of Potato Hit EGP284 Mln Last May
Egypt's exports of potato crop recorded as to EGP 284 million throughout the period January-May 2013 rose by EGP 60…
IMF’s Lagarde Says Team’s Visit to Egypt Has ‘No Preconditions’
International Monetary Fund Managing Director Christine Lagarde said on Saturday there are no preconditions for the…
GCC Non-Performing Loan Provisions Surge
The collective non-performing loan provisions made by the 22 Gulf Cooperation Council (GCC) banks surged in the…
Saudi Letters Of Credit Up 24% As Economic Growth Spurs Demand
The value of letters of credit signed by lenders in Saudi Arabia surged 24 percent in the first six months of 2012…