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The Latest Breaking News from Gulf

GCC-listed Companies Register Record Profits

Companies listed in the GCC markets registered record profits last year, achieving remarkable financial results that came in parallel with a significant improvement in post-pandemic economic activity, resulting in one of the best GDP growth rates in 2022. A Gulf report issued on Wednesday showed that the industrial activity in…

Asharq Al-Awsat

Qatar and Bahrain to restore ties, end years-long dispute

Qatar and Bahrain both say they want to ‘enhance the Gulf unity and integration’ after years of discord.

Al Jazeera

Gulf Storm To Hit Southeast US With Drenching Rain, Strong Winds And Severe Weather

Heavy rain, gusty winds and severe thunderstorms will impact the southeastern United States through the end of the week.

Zenger

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Downpours, Rough Surf In The Forecast For Florida And Gulf Coast

Tropical rainfall is in the offing for most of Florida and the Gulf Coast this week as a new weather pattern begins to unfold

Zenger

Calls for Credit References Collaboration to Prevent Financial Fraud in the Middle East

Credit reference agencies and financial institutions should cooperate to prevent financial fraud in the Middle East, especially the Gulf countries, which have become one of the world's important financial and economic centers, according to a financial expert. Comprehensive framework Director of Financial Crime Compliance and Payments, LexisNexis Risk Solutions, Jonny…

Asharq Al-Awsat

Hauraki Gulf Marine Park no place for trawling

By the time a fisher hauls in the first trawl of the day, it's likely to have created a plume of sediment as big as the Goat Island Marine Reserve, suffocating sea life and creating CO2. Why aren't companies being held to account?

Newsroom.co.nz

Israel-Palestine: Qatar working to ‘de-escalate situation’

Qatari official says Gulf country in touch with both sides ‘in the context of its role as a mediator’.

Al Jazeera

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Study says warming may push more hurricanes toward US coasts

A new study says changes in air patterns as the world warms will likely push more and nastier hurricanes up against the United States’ east and Gulf coasts

The Independent UK

Rare April Subtropical Storm May Brew In Gulf Of Mexico Next Week

Next week, an approaching tropical or subtropical system may hit the southern United States.

Zenger

Families mourn ‘devastating’ suicide rates among Nepal’s migrant workers

Almost 12% of Nepali migrant workers who die abroad, mainly in the Gulf and Malaysia, take their own lives

The Guardian - UK

Kuwait Speaker Slams PM, Appeals to Leadership for Intervention

The political crisis in Kuwait intensified on Tuesday after National Assembly Speaker Marzouq Al-Ghanim launched an unprecedented attack on the Gulf state’s prime minister, accusing him of obstructing progress and causing the current predicament. Al-Ghanim urged political leaders to intervene immediately to stop what he called “mischief” by the premier.…

Asharq Al-Awsat

Flooded Gulf of Carpentaria communities shocked by generosity as truckloads of donations arrive

Much-needed supplies have arrived in flood-hit towns thanks to the work of two men and a handful of businesses, who say the government and media must do more to help.

ABC News

Al Marzouqi Appointed General Coordinator for Negotiations and Head of GCC Negotiating Team

Secretary General of the Gulf Cooperation Council (GCC) Jassem Albudaiwi held talks on Wednesday with Dr. Raja bin Manahi Al Marzouqi, newly-appointed General Coordinator for Negotiations and Head of the Negotiating Team of the GCC, on the occasion of his appointment. The GCC Ministerial Council had on March 22 issued…

Asharq Al-Awsat

Asian Cup Confirmed for Jan-Feb Slot in Qatar Next Year

The next edition of the Asian Cup will be held in Qatar from Jan. 12 to Feb. 10 in 2024, the Asian Football Confederation (AFC) confirmed on Wednesday. The quadrennial continental championship was awarded to China in 2019 but the world's most populous country relinquished the rights this year as…

Asharq Al-Awsat

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Reuters

UAE president, Israeli PM discuss strengthening ties in phone call - UAE state media

United Arab Emirates' president Sheikh Mohammed bin Zayed Al Nahyan confirmed the Gulf state's commitment to relations with Israel in a call with prime minister Benjamin Netanyahu that discussed strengthening ties, UAE state media said on Tuesday.

Asharq Al-Awsat

GCC Says Conditions Suitable to Hold Peace Talks in Yemen

Secretary-General of the Gulf Cooperation Council (GCC) Jassem Albudaiwi stressed on Tuesday that conditions are “suitable” to launch peace talks aimed at resolving the conflict in Yemen. In a statement marking one year since the adoption of a nationwide ceasefire in the country, he called for prioritizing Yemen’s higher national…

Miami Herald

Hurricane Ian hit Cat 5 in Gulf, was officially Florida’s most expensive storm

MIAMI — Hurricane Ian is officially the most expensive storm in Florida’s history, with a price tag of $109 billion in damage.

The Independent UK

Leaders of Egypt, Saudi Arabia meet after months of tension

The leaders of Egypt and Saudi Arabia have met in the kingdom amid months of tension between the two regional powers

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The Independent UK

Oil prices surge as Saudi Arabia leads shock production cuts

Analysts say move will help fill Russian president Vladimir Putin’s war coffers

WEKU

The Biden administration sells oil and gas leases in the Gulf of Mexico

Energy companies secured access to 1.6 million acres of waters offered at auction. It's the second time this month that the administration has opened federal territory for new fossil fuel drilling.

The Guardian - US

US puts Italy-sized chunk of Gulf of Mexico up for auction for oil drilling

In latest blow to Joe Biden’s reputation as the ‘climate president’, 73.3m acres of the gulf will be offered for fossil fuel extraction

Autosport

Equal-gender racing team plots F1 entry in 2026

Named Formula Equal, the proposed team is expecting to operate with 50/50 percent split between men and women working at the outfit, and is planning to work out of an unspecified "Gulf area country" - with Saudi Arabia believed to be among the key underwriters of the project.

Asharq Al-Awsat

''Jellabiya''…Annual Top Fashion Trend in Ramadan

Fashion designers compete every year to come out with designs that keep up with the trends. Known as “jellabiya” - this traditional garment has always been the top fashion choice in the Gulf and Islamic countries during the holy month of Ramadan, which caught the attention of most international fashion…

The Conversation

As longterm partnership with US fades, Saudi Arabia seeks to diversify its diplomacy – and recent deals with China, Iran and Russia fit this strategy

The fact that Saudi Arabia entered a rapprochement deal with Iran and chose China to broker it came as a surprise to many international observers.

Asharq Al-Awsat

Iran Welcomes Gulf Ministerial Statement on Resumption of Relations with Saudi Arabia

Iranian Foreign Ministry welcomed the statement issued at the 155th GCC Ministerial Council on the resumption of relations between Saudi Arabia and Iran. Spokesman Nasser Kanaani expressed his country's aspirations for the agreement to be influential in promoting peace and stability in the region. Saudi Arabia and Iran announced earlier…

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