Gulf states
GULF STATES: UAE withdrawal undermines monetary union
On May 20, the United Arab Emirates announced its withdrawal from the planned Gulf Monetary...
Gulf StatesGULF STATES: Crisis slows infrastructure plans for now
After a period of fiscal conservatism despite increased oil prices, Gulf governments have since...
Gulf StatesGULF STATES: UAE withdrawal sets back monetary union
The United Arab Emirates (UAE) is "not for the moment interested" in rejoining the GCC's monetary...
Gulf StatesGULF STATES: Sovereign wealth funds shift focus
A new Saudi sovereign wealth fund (SWF), Sanabil al-Saudia, started operations last week. Gulf...
Gulf StatesCENTRAL ASIA: Islamic finance shows promise
In the past two years, Islamic finance has flourished across former Soviet Central Asia. Islamic...
Central AsiaGULF STATES: Downturn to exacerbate political tensions
Although the impact of the financial crisis on the GCC states has not been as devastating as in...
Gulf StatesRUSSIA: Grain firm seeks to attract Gulf investors
Major grain processing firm PAVA plans to offer Gulf State investors an opportunity to invest in...
RussiaGULF STATES: GCC agree on central bank location
Gulf Cooperation Council (GCC) leaders yesterday chose Riyadh to host the GCC's newly created...
Gulf States