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Gulf Arab Region

Saudi Aramco shares shed post-IPO gains as oil dives

Saudi Aramco shares have lost most of the gains they made since listing in December in a landmark first offering, as oil prices drop amid alarm over the new coronavirus. China's energy demand has sagged as authorities lock down millions of people to prevent the spread of the disease, with...

Ivanka Trump lauds Saudi, UAE on women's rights reforms

Ivanka Trump lauded Sunday a handful of Mideast countries, including close U.S. allies Saudi Arabia and the United Arab Emirates, for embarking on "significant reforms" to advance women's rights, while speaking at a gathering of women entrepreneurs and regional leaders in Dubai. The...

Oman sees biggest Gulf clash risk in Strait of Hormuz

The risk of a military confrontation is higher in the Strait of Hormuz than anywhere else in the Gulf region, Oman's foreign minister said, due in part to the growing number of military vessels from different countries that are guarding it. The waterway between Iran and Oman - 33 km wide at...