Somali pirates have finally released the Panama-flagged merchant vessel MV Iceberg 1, along with six Indian sailors who were on board. Taken captive in March 2010, the owner of the cargo ship had stopped negotiations with the pirates, while also not paying any compensation to the sailors’ families. These sailors had been held hostage for […]
For the last 60 years or so, the relationship between the US and the Gulf states can be likened to a Catholic marriage. Both were in need of each other and kept supporting each other in times of difficulty. During the oil crisis, the Gulf states came to the help of the world economy by […]
Amid a world of pitiless competition, David Cameron is serving the national interest by leading the drive to sell British-made weaponry to our allies in the Gulf. No less than 300,000 jobs depend on Britain’s defence industry, which serves as our biggest exporter of manufactured goods and keeps this country at the forefront of technological […]
Qatar is spending massively to modernize its capital ahead of the 2022 World Cup, leading conservative Qataris to worry about how this will affect the Islamic nature of the Gulf state. Trucks can be seen speeding around Doha‘s business district, carrying building materials for the $150 billion makeover that will give the city a new […]
While the eurozone debt crisis hangs like a dark cloud over the global economy, a grey cloud is emerging in China with deep consequences for the states of the Gulf Cooperation Council: the prospect of a hard landing. Read Here – The National
A new report from Citigroup’s Heidy Rehman suggests that Saudi Arabia’s domestic petroleum consumption may equal production in 2030, leaving none to export. Of course, it won’t get this far—the kingdom’s balance of trade would quickly become unsustainable as oil exports dropped—but the report still highlights one of the many distortions in the Saudi economy. Read Here – […]
looking beyond borders 