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Free trade agreement

25 Nov 2022

India, Gulf Cooperation Council agree to pursue FTA: Piyush Goyal

India and the Gulf Cooperation Council (GCC) have agreed to pursue a free trade agreement (FTA). GCC is a union of six countries in the Gulf region -- Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain. The council is the largest trading bloc of India.

31 Oct 2017

IMF tells Gulf states to speed up switch from oil

In its Regional Economic Outlook, the International Monetary Fund on Tuesday projected GCC economic growth at just 0.5 per cent this year, the worst since the 0.3 per cent growth in 2009 following the global financial crisis.

United States of America

07 Jul 2017

US concerned Arab dispute with Qatar may intensify: State Department

Underscoring US concerns about a crisis involving key allies in the Middle East, Defense Secretary Jim Mattis discussed the importance of easing tensions in a phone call with Qatari Minister of State for Defense Affairs Khalid al-Attiyah.

28 Jun 2017

Fresh economic sanctions on Qatar being considered: UAE envoy

The UAE, Saudi Arabia and Bahrain severed diplomatic and travel ties with Qatar this month, accusing it of funding hardline Islamist militant groups in the region, a charge Doha denies.

07 Jun 2017

India issues advisory for Indian nationals in Qatar

A senior UAE official said that measures being taken by the United Arab Emirates and other nations against Qatar are aimed at pressuring Doha into changing its policies.

24 May 2017

Amid regional strains, Qatar says hackers post fake comments by Emir

The Qatar News Agency (QNA) website has been hacked by an unknown entity.

Lashkar-e-Taiba

23 May 2017

US and six Gulf countries join hands to curb terror financing

US, six Gulf countries have joined hands to curb terror organisations like Lashkar-e-Taiba, Haqqani network and the Taliban.

21 May 2017

Donald Trump-GCC leaders' summit begins in Saudi Arabia

US President Donald Trump and leaders of the six Gulf Cooperation Council (GCC) countries -- Saudi Arabia, Bahrain, Qatar, Kuwait, Oman, and the United Arab Emirates -- began asummit meeting here on Sunday, officials said.

Remittances to India

07 Oct 2016

Remittances to India to decline by 5% in 2016: World Bank

India, the world's largest remittance recipient in 2015, may receive a remittance of USD 65.5 billion this year, a drop of 5 percent, the World Bank has said in a new report citing weak economic growth in remittances-source countries and cyclic low oil prices.

Gulf Cooperation Council

12 Sep 2016

Gulf states condemn law letting 9/11 families sue Saudi Arabia

Fifteen of the 19 hijackers who crashed airliners in New York, outside Washington and in Pennsylvania on September 11, 2001, were Saudi nationals.

01 Aug 2016

This is what VK Singh said before embarking on mission to evacuate jobless Indians facing financial crunch in Saudi Arabia

The economic slowdown in the Gulf Cooperation Council region following the fall in global crude oil prices has affected over 10,000 Indians, mostly working in the construction sector.

Gulf OPEC members

01 Jun 2016

Gulf OPEC members seek to revive global oil output deal

Vienna: Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on Thursday, a senior OPEC source said, but Iran signalled the country was not ready for any such pact.

02 Mar 2016

Gulf monarchies declare Lebanon`s Hezbollah a `terrorist` group

The six-member Gulf Cooperation Council "decided to consider the militias (of Hezbollah) a terrorist organisation".

23 Jan 2016

John Kerry in Riyadh as Saudi-Iran tensions simmer

US Secretary of State John Kerry arrived in Saudi Arabia on Saturday hoping for an easing of tensions between the Sunni power and its predominantly Shi'ite rival Iran.

19 Jan 2016

Gulf states unlikely to drop dollar peg: S&P

Gulf states are not expected to drop their long-term monetary link to the US dollar after the sharp drop in oil prices and fiscal reserves, Standard and Poor`s said Tuesday.

10 Dec 2015

NeoBiocon to sell anti-diabetic drug in UAE

Vildagliptin is available as monotherapy and in combination with metformin. Both the drugs commands over 30 percent of the DPP-IV market in the UAE.

16 Nov 2015

'Gulf must impose taxes to strengthen fiscal positions'

Gulf countries should start levying taxes to strengthen their fiscal positions in view of the current low oil prices which are expected to slowdown their economies, according to a global organisation for Chartered Accountants.

01 Oct 2015

Gulf an attractive region for expatriates to live in, survey

The Gulf Cooperation Council (GCC) region has been named the most safe and secure place for expatriate professionals, according to a survey.

01 Oct 2015

Sushma Swaraj meets GCC ministers, pushes India-GCC Free Trade Agreement

India continued its mission to cement ties with the Arab world as External Affairs Minister Sushma Swaraj held talks with her counterparts from the Gulf Cooperation Council (GCC) whose nations she said were "an extended part of our neighbourhood".

01 Oct 2015

Sushma Swaraj meets Gulf Cooperation Council ministers

India continued its mission to cement ties with the Arab world as External Affairs Minister Sushma Swaraj held talks with her counterparts from the Gulf Cooperation Council (GCC).

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