It was the first attempt by the GCC to meet since a deep rift earlier this year when three of its members -- Saudi Arabia, the United Arab Emirates and Bahrain -- imposed an economic embargo on a fourth, Qatar. Usually attended by heads …
"A prolonged or deepening rift between Qatar and its GCC neighbors would potentially have a more marked financial effect and increase funding costs for the sovereign and other Qatari entities," Moody's told clients. It currently rates Qatar at …
A young population and high per-capita income coupled with key economic reforms in the UAE and Saudi Arabia make long-term investments in regional equity markets an attractive investment proposition, the world's largest wealth …
Gulf Cooperation Council (GCC) stock markets achieved gains during the past week due to oil price settlement above $50. Dubai Financial Market (DFM) achieved a high growth rate of 3.31% and closed at 3,371 points, reaching weekly …
to take stock of the progress made since last May by the various joint-working groups set up in the Camp David framework. Fifth, to discuss new initiatives, most notably the American proposal to enter into an elevated economic dialogue …