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Doha Bank ties up with Anil Ambani's Reliance Group

Last Updated: Monday, September 7, 2015, 14:46

Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain and Oman are part of the Gulf Cooperation Council (GCC).

Gulf region account for 30% of Apollo patients from abroad

Last Updated: Wednesday, July 8, 2015, 16:05

India is a lucrative market for international patients and receives a lot of inquiries about 'M' or medical visas; this in turn will help boost medical tourism in India.

Qatar economy largest among GCC: Expert

Last Updated: Monday, July 6, 2015, 15:58

Projects worth more than USD 31 billion are expected to be bid in 2015, he said.

Gulf expat workers send home $100 billion: Report

Last Updated: Tuesday, June 9, 2015, 16:53

Foreigners working in the energy-rich Arab states of the Gulf sent more than $100 billion in remittances to their home countries last year, an economic report showed Tuesday.

Saudi king to skip US-Gulf summit

Last Updated: Monday, May 11, 2015, 13:05

The Saudi monarch will instead send Crown Prince Mohammad bin Naif, the deputy prime minister.

GCC nations facing pressure due to fall in oil prices: Report

Last Updated: Monday, April 6, 2015, 15:46

The Gulf Cooperation Council (GCC) countries like Oman and Qatar are facing considerable pressure from the slump in oil prices, as they are heavily dependent on oil and gas revenues, a new report said.

Fiscal pressure mounts on GCC due to dropping oil prices

Last Updated: Tuesday, March 3, 2015, 15:46

According to the latest Economic Insight report, private sector job creation and maintaining an inclusive labor market are crucial to achieve long term fiscal sustainability.

Oil plunge to cost GCC exporters $300 billion: IMF

Last Updated: Wednesday, January 21, 2015, 22:54

The plunge in the oil price will cost the powerful energy exporters of the Gulf Cooperation Council around $300 billion, threatening to send many into budget deficits, the IMF reported Wednesday.

Middle East needs to invest $18 bn on new pipelines

Last Updated: Tuesday, January 13, 2015, 14:29

The Middle East will need to invest around USD 18 billion over the next five years in new pipelines and associated infrastructure to ensure a high volume to weight ratio, according to a global energy agency.

Gulf braces for tough times over oil price plunge

Last Updated: Friday, December 19, 2014, 10:21

Pumping about 17.5 million barrels per day, GCC countries are forecast to lose at least half their oil revenues, or around $350 billion a year, at current price levels.

SBI to take part in Arab Asia Business Partnership Summit 2014

Last Updated: Monday, December 8, 2014, 14:23

The theme of the event scheduled from December 9-12, is 'Reinventing Regional Markets', which is organised in collaboration with the Confederation of Indian Industry (CII).

Obama opens way to Gulf grouping military sales

Last Updated: Tuesday, December 17, 2013, 04:59

President Barack Obama ruled that a regional grouping of Gulf Arab states should be allowed to buy certain US defense articles, deepening ties with a grouping wary of Iran`s regional influence.