Two new cases of coronavirus infection have been detected in the United Arab Emirates, bringing the total number of people diagnosed with the disease to seven, the country’s health ministry said on Twitter on Saturday.
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...
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...
Saudi Arabia has barred an Iranian delegation from an Organization of Islamic Cooperation (OIC) meeting in Jeddah Monday where U.S. President Donald Trump's Middle East peace plan will be discussed, the Iranian foreign ministry said. "The government of Saudi Arabia has prevented the...
