Oman
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Sea of Oman oil terminal boosts export resilience amid tensions with Israel
Iran’s Jask oil terminal, situated outside the Persian Gulf, can export up to 1mn barrels of crude per day, a former official at the National Iranian Oil Company (NIOC) said, amid reports of a rare shipment from the port.
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Saudi Arabia, Bahrain and Kuwait set to offer Russians visa-free entry
Several Gulf states are preparing to allow Russian citizens to enter without visas, Russian Economy Minister Maxim Reshetnikov announced on June 12, as part of efforts to boost tourism ties.
Saudi Arabia launches most expensive resort on Red Sea coast
Saudi Arabia has unveiled its latest uber-luxurious resort destination called Nujuma, with prices starting at over $2,000 a night.
Chinese cars are flooding the Gulf Arabian auto markets
However, in a striking turn of events, the past decade has witnessed the advent of a new contender in the GCC auto market – Chinese car manufacturers.
PANNIER: Gulf investment commitments to Central Asia rival sums once pledged by China
Since Russia lost leverage in the region after invading Ukraine, many countries have sought to fill the gap. In terms of pledged capital, the Arab nations have become big players.