Iran to help facilitate Google's services in Gulf
Iran said on Sunday that it was ready to cooperate with information technology (IT) companies like Google to facilitate their services in the country and the Persian Gulf region.
Mar 01, 2015, 23:01 PM IST
ICICI ties up with UAE Exchange for instant money transfer
ICICI bank has tied up with UAE Exchange to offer an instant bank transfer service to the Indians residing in the Gulf nation.
Feb 12, 2015, 13:23 PM IST
S&P lowers Saudi outlook on oil price slide
Standard and Poor's has lowered the outlook for the world's top oil exporter Saudi Arabia to negative and downgraded its Gulf partners Oman and Bahrain on sliding oil prices.
Feb 10, 2015, 14:24 PM IST
Jet Airways raises $150 mn syndicate loan from Gulf lenders
Private carrier Jet Airways Monday said it has concluded a five-year syndicated loan facility of USD 150 million (over Rs 950 crore).
Dec 22, 2014, 20:11 PM IST
Gulf oil producers stand firm on OPEC output
Oil-rich Arab Gulf countries stood firm against non-OPEC crude producers on Sunday, vowing they will not cut output nor hold an emergency cartel meeting to support slumping prices.
Dec 21, 2014, 22:41 PM IST
OPEC holds oil output level, triggering price collapse
OPEC on Thursday decided against cutting the amount of oil it produces despite a glut in global supplies, triggering a fresh collapse in crude prices.
Nov 27, 2014, 22:21 PM IST
Gulf states seek to block OPEC oil output cut
Gulf oil producers led by Saudi Arabia looked set on Thursday to block any cut in OPEC output, ignoring calls from poorer members of the exporters` group for action to halt a slide in crude prices.
Nov 27, 2014, 20:10 PM IST
Gulf energy subsidies worth $160 bn a year: World Bank
Arab states in the Gulf, which pump a fifth of the world`s crude oil, spend more than $160 billion on energy subsidies annually, a top World Bank official said Tuesday.
Nov 04, 2014, 23:39 PM IST
