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Topic: Gulf
iran warns provocation gulf
May 08, 2013

Iran warns against ‘provocation’ in Gulf

TEHRAN:Iranon Tuesday warned against any “provocations” in the Gulf as a US-led international naval force began a massive minesweeping exercise. “Any movement in the region will be fully monitored by our defence forces,” foreign ministry spokesman Ramin Mehmanparast told ...

Naval forces in Gulf for massive anti-mine excercise

manamaNaval forces from more than 41 countries gathered in Bahrain -- across the Gulf from Iran -- on Monday to prepare for a massive minesweeping exercise, the US Fifth Fleet said.The International Mine Countermeasures Exercise (IMCMEX) "is the largest exercise of its kind in the region and will ...

iran fires land sea missile gulf
April 17, 2013

Iran test-fires new land-to-sea missile in Gulf

DUBAI Reuters Iran test-fired a new land-to-sea ballistic missile in the Gulf, a senior official said on Tuesday, days before an annual ceremony meant to showcase its military muscle at a time of rising tension with the West over its nuclear activity. Israel has publicly warned of possible air ...

gulf opec oil producers trim output
April 15, 2013

Gulf OPEC oil producers see no need to trim output

DUBAI/DOHA (Reuters) - Gulf Arab OPEC oil producers do not see the need to change production levels to support crude prices, OPEC delegates said after benchmark Brent touched nine-month lows on Friday.A sell-off in commodities saw Brent contracts fall from around $106 a barrel on Wednesday to lows ...

Pentagon deploying laser weapon in Persian Gulf

WASHINGTON — The US Navy is deploying a solid-state laser weapon to the Persian Gulf, a top Naval official disclosed Monday, saying the move was aimed at deterring Iran from using small boats to attack American warships.Unveiling the plans to place the laser cannon aboard a US ship in the ...

Gulf leaders call for unity, closer economy

MANAMA - The annual summit of Arab monarchs in the Gulf opened in Manama on Monday with a call for closer economic integration and unity in the face of the turmoil which has swept much of the Middle East.King Hamad of host country Bahrain called for the Gulf Cooperation Council to provide “a ...

Gulf states lash out at Iran, urge rapid Syria transition

MANAMA  - The six Gulf states sharpened their tone against their neighbour Iran on Tuesday, demanding an immediate halt to its ‘interference’ in their internal affairs while urging a rapid political transition in its ally Syria.Concluding a two-day summit in Manama, the Gulf ...

Gulf leaders call for unity, closer economy

MANAMA  - The annual summit of Arab monarchs in the Gulf opened in Manama on Monday with a call for closer economic integration and unity in the face of the turmoil which has swept much of the Middle East.King Hamad of host country Bahrain called for the Gulf Cooperation Council to provide ...

Gulf Arab states should cut state spending growth: IMF

DUBAI - Most Arab oil exporting countries in the Gulf should plan to reduce growth in government spending to make their budgets more sustainable, as their combined surplus could turn into a deficit around 2017, the International Monetary Fund said on Monday.“While expansionary fiscal policies ...

Gulf bond market forges global links as it grows

DUBAI  - When Abu Dhabi’s biggest bank issued a $750 million bond in August, strong investor demand underlined how well most Gulf banks are riding out the global financial crisis. The issue also sent another signal: that the region’s debt market is growing strongly and, ...

US deploys 'floating base' in Gulf for airstrikes on Iran

WASHINGTON — One of the American Navy’s oldest transport ships, now converted into a “floating base” has arrived off the coast of Bahrain to support counter-mine operations in the Persian Gulf as U.S. steps up military pressure on Iran, The New York Times reported ...

Gulf states applaud FIFA’s Muslim veil decision

DUBAI - The decision by world footballing authorities to overturn a ban on women soccer players wearing the Islamic headscarf was welcomed by several Arab states Thursday.The International Football Association Board (IFAB), custodians of the rules of football, overturned its 2007 ban on the Islamic ...

china weighs history’ gulf
January 18, 2012

China weighs ‘right side of history’ in Gulf

M K BHADRAKUMARRebuff the United States’ entreaties regarding sanctions against Iran, then nonchalantly cross the Sunni-Shi’ite divide in the Persian Gulf while sidestepping the Arab Spring altogether and vaguely greeting Islamism, and all this as solo acts - Chinese diplomacy is on a ...

iran storing oil gulf sanctions
January 15, 2012

Iran says not storing oil in Gulf due to sanctions

TEHRAN  - Iran has not stored oil on tankers in the Gulf, and its crude exports have not been disrupted due to mounting international pressure over its disputed nuclear programme, an oil official told the semi-official Mehr news agency on Saturday.On Tuesday shipping sources told Reuters the ...

sends warship gulf
January 08, 2012

UK sends new warship to Gulf

LONDON - Britain's newest warship is heading to the Gulf for its first mission at a time of tensions over Iran's threat to close the strategic Strait of Hormuz, a key transport route for oil.The Royal Navy's Type 45 destroyer HMS Daring, which has a "stealth" design to help avoid detection by ...

iran -fires missiles gulf exercise
January 03, 2012

Iran test-fires missiles in Gulf exercise

TEHRAN (AFP) - Iran Monday tested missiles near the Strait of Hormuz, underlining its threats to close the vital oil-transit waterway as the West prepares to impose more economic sanctions over Tehran’s nuclear drive. The launch of two missiles took place on the final day of war games in ...

iran navy chief closing gulf easy’
December 29, 2011

Iran navy chief says closing Gulf ‘really easy’

TEHRAN (AFP) - Iran would find it "really easy" to close the world's most important oil transit channel, the Strait of Hormuz at the Gulf's entrance, but would not do so right now, Iran's navy chief said Wednesday."Shutting the strait for Iran's armed forces is really easy -- or as we say (in Iran) ...

Boost Gulf Presence Iraq Pullout Nyt
October 31, 2011

US to boost Gulf presence after Iraq pullout: NYT

NEW YORK - President Barack Obamas announcement earlier this month that the United States will pull out all its forces from Iraq by the end of the year appears to be just a political stunt as a leading newspaper reported Sunday that plans were underway to bolster its military presence in the ...

Gulf Troops Redeploy Bahrain
June 29, 2011

Gulf troops 'redeploy' in Bahrain

RIYADH (AFP) - Gulf troops sent to back Bahraini security forces in their crackdown on Shiite-led protests are to be "redeployed" but will not withdraw completely, a Saudi official said on Tuesday. "It is normal to redeploy the Peninsula Shield force but the danger is not over yet and these forces ...

Counterrevolution Gulf
May 08, 2011

Counterrevolution in the Gulf

While Tunisians and Egyptians are enjoying their newfound freedoms, forming political parties and holding passionate debates on their countries' futures, across the six Arab states along the Persian Gulf, a counterrevolutionary pushback against the Arab Spring is steadily gaining steam. Autocratic ...

Transocean rewards executives despite Gulf oil spill

WASHINGTON (AFP) Transocean Ltd. has given its executives pay raises, bonuses and stock options after the companys best year for safety, despite a deadly oil platform explosion and massive leak in the Gulf of Mexico. Notwithstanding the tragic loss of life in the Gulf of Mexico, we achieved an ...

Gulf States Aid Unresthit Bahrain Oman
March 03, 2011

Gulf states to aid unrest-hit Bahrain, Oman

KUWAIT CITY (AFP) - Energy rich Gulf states plan to launch a massive Marshall-style plan to assist Bahrain and Oman which have been hit by unrest, Kuwait's Al-Qabas newspaper reported on Wednesday. Citing unnamed senior sources, the daily said the six-nation Gulf Cooperation Council states were ...

Rattling Palace Windows Gulf
February 20, 2011

Rattling the palace windows in Gulf

Doyle McManus The Obama administration now finds itself in the awkward position of promoting democracy and defending monarchies at the same time in the Arab world. Its not easy promoting democracy and defending monarchies at the same time. But thats the awkward position the Obama administration ...

Gates Gulf Prince Pledge 100m Polio Jabs
January 27, 2011

Gates, Gulf prince pledge $100m for polio jabs

ABU DHABI (Reuters) - Bill Gates and the Crown Prince of Abu Dhabi pledged $100m Wednesday to deliver vaccines to children in Afghanistan and Pakistan. The Bill & Melinda Gates Foundation and Sheikh Mohammed bin Zayed al-Nahayan will each give $50m to provide vaccinations for five common but deadly ...

Unity Plan Perpetuate Gulf
September 21, 2010

A unity plan that may perpetuate the gulf

LAHORE - Amid speculations about any upcoming change on the political scenario, some factions of the Pakistan Muslim League, descendents of the same political pedigree, have started making efforts to merge themselves into one party, ostensibly to prepare themselves to play an effective role in the ...

Norman, Singh, Duval help Gulf oil spill relief effort

NEW YORK (AFP) Australias Greg Norman, Fijis Vijay Singh and American David Duval - all former world number ones - are joining with the US PGA Tour in a Golfers for the Gulf bid to help the Gulf of Mexico. The stars are backing the move to help endangered wildlife in ecologically damaged marshes ...

23000 Workers Affected Gulf Oil Drill Ban
August 22, 2010

23,000 workers affected by Gulf oil drill ban

WASHINGTON (Agencies) - The deepwater drilling moratorium in the Gulf of Mexico costs at least 23,000 jobs, according to a federal document that weighed the economic impact and alternatives to the drilling ban. A six-month suspension would directly put 9,450 people out of work and indirectly affect ...

Oilrich Gulf Economies Recover
August 04, 2010

Oil-rich Gulf economies recover

DUBAI (AFP) - The oil-rich Gulf economies are recovering along with crude prices nearly two years after the global financial crisis hit the region, but Dubai, stricken by its debt, is still picking up the pieces. When the financial woes struck the desert states in the autumn of 2008, Dubais ...

BP boss Hayward resigns over Gulf oil disaster

LONDON (AFP) - BPs vilified chief executive Tony Hayward resigned Tuesday as the British oil giant revealed the Gulf of Mexico disaster will cost over 32 billion dollars after causing a record quarterly loss. Hayward, whose PR gaffes handling the oil spill made him a target of US fury, will be ...

Pak Plans Sukuk Bills Lure Gulf Banks
July 06, 2010

Pak plans Sukuk bills to lure Gulf banks

ISLAMABAD (APP) - Pakistan plans to expand its Shariah-compliant banking industry and attract more investors from the Gulf by boosting sales of 'Sukuk bills. Spokesman State Bank of Pakistan Syed Wasimuddin told gulf news that Pakistan is seeking to sell sukuk maturing in a year or less in the ...

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