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Thursday, April 25, 2024
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Qatar central bank says country has $340 billion in reserves, can weather Arab sanctions: CNBC

Qatar has $340 billion in reserves including holdings of its sovereign wealth fund that could help the Gulf country to weather the isolation by its powerful Arab neighbors, central bank governor Sheikh Abdullah Bin Saoud al-Thani told CNBC. "This is the credibility of our system,...

US Secretary of State Rex Tillerson’s heads to Kuwait to help resolve GCC crisis

US Secretary of State Rex Tillerson's trip marks a new level of involvement in US efforts to help end the Gulf dispute.   US Secretary of State Rex Tillerson is expected to arrive in Kuwait on Monday to help seek a resolution to the crisis between...

US and Russia agree new Syria ceasefire deal

First meeting between Trump and Putin wrapped up with the announcement of a truce deal covering southwestern Syria. Russian President Vladimir Putin and his US counterpart Donald Trump have agreed on a ceasefire deal covering southwestern Syria, during talks at the G20 summit, officials from both countries...

What’s next for Qatar and the GCC? – UpFront

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There appears to be no sign of resolution to the standoff that began on June 5. The Saudi-led coalition accuses Qatar of regional meddling, citing this as the source of the diplomatic rift. Qatar, however, claims the blockade is an effort to undermine its autonomy...

Safe Bases: UAE’s Military Expansion in Africa

By Awad Mustafa Two overseas Arab military garrisons are being established to secure a hold over one of the world’s most crucial chokepoints, right across the waters from Arabia. The military expansion is a clear reflection of a need felt across the Gulf Arab capitals to...

Saudi-led group vows ‘appropriate’ measures

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt have vowed to take 'political, economic and legal measures' after Qatar's refusal to accept a list of demands presented by the four countries. In a joint statement released late on Thursday, the Saudi-led group also blamed...

Somaliland: Air Arabia joins FlyDubai & Ethiopian airlines at EIA on maiden flight

Air Arabia, Tuesday, joined Ethiopian Airlines and FlyDubai in maiden flight to Hargeisa’s Egal International Airport of the Republic of Somaliland.The airliner made a touchdown at Somaliland’s capital city at sundown to a rapturous welcome from the country’s top political, traditional and business leaders. His...

Trump discusses concern over Qatar dispute with Gulf, Arab states in calls

U.S. President Donald Trump spoke separately to the leaders of Saudi Arabia, Abu Dhabi and Qatar on Sunday to discuss his "concerns about the ongoing dispute" between Qatar and its Gulf and Arab neighbors, the White House said. Trump, who is spending a long weekend...

Somaliland ,UAE Sign Agreement on Major Berbera corridor and New Airport in Berbera

The Somaliand's Minister of Foreign Affairs , Dr. Sa’ad Ali Shire, formally signed with his UAE counterparts an agreement detailing the terms and process shaping up two development programs included in the deal reached with the Emirates to provide that country with a military base...

Gulf Crisis Is Leading to Difficult Choices in the Horn of Africa

  Tensions between the Gulf states are pushing their neighbours and partners into choosing sides. By:Ahmed Soliman Research Associate, Horn of Africa, Africa Programme The Horn of Africa is already feeling increased stress on regional relations, and faces the potential for heightened instability, as a result of the...