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Business Middle East

  • A senior UAE official said that if Qatar did not accept an ultimatum issued by Arab states, "the alternative is not escalation but parting ways".

  • MONDAY, JUNE 26 ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The...

  • A file photo of Doha, Qatar.

    Qatar said on Saturday the Arab States' list of demands was not reasonable or actionable.

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • DOHA, June 24- Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish...

  • PARIS, June 23- Europe is embarking on an expensive and politically charged effort to develop a new combat jet that will shape the future of the European fighter industry and its three existing programmes- Eurofighter, France's Rafale and Sweden's Gripen. President Donald Trump's cooler stance towards Europe had given the effort some fresh momentum.

  • ABUJA/ LAGOS, June 23- Abu Dhabi state investment fund Mubadala has pulled out of Etisalat Nigeria after the telecoms firm failed to renegotiate a $1.2 billion loan taken out four years ago with 13 Nigerian banks, the central bank said on Friday. On Tuesday, parent company United Arab Emirates' Etisalat, said it was carrying its 45- percent stake at nil value, and that...

  • LONDON, June 23- Russian gas producer Novatek aims to topple Qatar as the world's biggest exporter of liquefied natural gas as it gets closer to completing its first LNG project, a top executive said, batting away concerns about U.S. sanctions on the sector. But it is the inception of Novatek's second, and Russia's third, large-scale LNG project called Arctic LNG 2...

  • PARIS, June 23- Europe is embarking on an expensive and politically charged effort to develop a new combat jet that will shape the future of the European fighter industry and its three existing programmes- Eurofighter, France's Rafale and Sweden's Gripen. President Donald Trump's cooler stance towards Europe had given the effort some fresh momentum.

  • LONDON, June 23- British Airways has applied to use Qatar Airways planes and crew to help the airline to fly all passengers to their destinations during planned strikes by some of its cabin staff next month. A document dated June 21 showed that the airline had applied to Britain's Civil Aviation Authority to use nine Qatar registered Airbus A320 or A321s between...

  • NEW YORK— Coverage of the Pulse nightclub shooting in Orlando, the demise of Venezuelan society and fighting in Mosul, Iraq, won top honors in the 2017 Associated Press Media Editors Awards for AP staff, showcasing the news organization's excellence around the globe. Hannah Dreier was a double winner for her work on "Venezuela Undone," which painted vivid...

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • LOS ANGELES— The tallest building west of the Mississippi River opened its doors on Friday in once-stodgy downtown Los Angeles, which is sprouting a crop of new skyscrapers. Critics might argue that a spire rising nearly 200 feet above the top of the building should not count, but it meets the criteria of the Council on Tall Buildings and Urban Habitat, which lists...

  • Saudi Arabia's Deputy Crown Prince and Defense Minister Mohammed bin Salman (2nd L) takes his seat to meet with U.S. Defense Secretary James Mattis and his delegation on April 19, 2017 in Riyadh, Saudi Arabia.

    Crown Prince Mohammed bin Salman’s biggest test will be whether or not he can satisfy the kingdom's appetite for jobs, say two experts.

  • "Risk aversion is on the rise, mainly due to what's happening in the Middle East and also the news about China cracking down on some loans made overseas last year," said Richard Xu, a fund manager at China's biggest gold exchange-traded fund, HuaAn Gold. China's banking regulator has ordered a group of lenders to assess their exposure to offshore acquisitions by a...

  • The move prompted a sell-off in the U.S.-traded shares of Sina Corp. and its microblog service, Sina Weibo. Thursday's announcement adds to efforts by President Xi Jinping's government to tighten media control ahead of a Communist Party congress late this year. Video streamed by users of Sina Weibo, AcFun and Phoenix New Media's ifeng.com contained "negative...

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • Qatar's Emir Sheikh Tamim bin Hamad Al-Thani

    Saudi Arabia and other Arab countries that have cut ties to Qatar issued a steep list of demands to end a three-week diplomatic spat.