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Gulf Arab Region

Migrants cross Yemen war zone to find work in Saudi Arabia

“Patience,” Mohammed Eissa told himself. He whispered it every time he felt like giving up. The sun was brutal, reflecting off the thick layer of salt encrusting the barren earth around Lac Assal, a lake 10 times saltier than the ocean. Nothing grows here. Birds are said to fall dead...

Without reforms, Gulf oil wealth could vanish by 2034: IMF

Energy-addicted Gulf states must undertake much deeper reforms or risk seeing their wealth drain away in 15 years as global demand for oil slides, the IMF warned Thursday. "At the current fiscal stance, the region's financial wealth could be depleted by 2034," the International Monetary...

UAE discovers trillions of cubic feet of gas reserves

The United Arab Emirates, a leading OPEC producer, announced Monday the discovery of huge gas reserves, saying the find would help the Gulf state achieve self-sufficiency. Abu Dhabi National Oil Co (ADNOC) said about 80 trillion cubic feet of shallow gas resources were discovered between...