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The Latest Breaking News from Gulf

‘Free Trade’ to Enhance Growth of Gulf-South Korean Transactions, Investments

Experts are forecasting that the free trade agreement recently signed between the Gulf Cooperation Council (GCC) and South Korea will find its way into force within 6 months. The agreement is set to boost the role of Gulf chambers and federations, especially the ones in Saudi Arabia, in increasing trade…

Asharq Al-Awsat

U.S. to send fighter jets to assist UAE after Houthi attacks

The United States said it is sending fighter jets to assist the United Arab Emirates following missile attacks on the Gulf state launched by Yemen's Houthi movement, including a foiled attack aimed at a base hosting U.S. forces.

Reuters

UAE to Introduce Corporate Tax Next Year, Says Finance Ministry

The United Arab Emirates will introduce a corporate tax from mid-2023, the finance ministry said Monday, as the country seeks to diversify its income. The Gulf financial center will tax business profits over 375,000 AED ($102,000) at 9.0 percent from June next year, a statement said. The announcement is the…

Asharq Al-Awsat

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Almost 2,000 children killed fighting for Houthis in Yemen civil war

Some soldiers were as young as seven, reports the United Nations

The Independent UK

Rai Criticizes Lebanon’s Position on Hezbollah’s Weapons

Maronite Patriarch Beshara Al-Rai criticized on Sunday the Lebanese authorities’ position on Hezbollah’s weapons, stressing that officials “have no right to justify the plurality of arms.” In response, Grand Jaafari Mufti Sheikh Ahmad Kabalan emphasized that the Shiite sect’s “choice begins and ends with the resistance,” meaning Hezbollah. Beirut's response…

Asharq Al-Awsat

Risk of Ukraine energy shock poses fresh test for pragmatic Qatar emir

Qatar's crisis solving skills face a new diplomatic challenge on Monday when its emir meets President Joe Biden to examine a possible role for the Gulf state in cushioning the economic aftershocks from a potential Russian invasion of Ukraine.

Reuters

Israel President Hopes for More Regional Normalization on First UAE Visit

Israel's president spoke at Dubai's Expo 2020 world fair on Monday on the first presidential visit to the United Arab Emirates, despite the Gulf state overnight saying it had intercepted a ballistic missile fired by the Iran-backed Houthi militias in Yemen. The UAE became the first Gulf state to normalize…

Asharq Al-Awsat

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Israeli president presses on with Dubai visit after UAE intercepts missile

Reuters

Kuwait FM Says Studying Lebanese Response to Gulf Initiative

Kuwait Foreign Minister Sheikh Ahmed Nasser Al-Mohammed Al-Sabah announced on Sunday that his country had received the Lebanese response to the Gulf initiative aimed at mending Beirut's ties with the Gulf. The minister had traveled to Beirut a week earlier to deliver the 12-point proposal that covers confidence-building measures to…

Asharq Al-Awsat

Remote Queensland communities cut off after rivers flood in Gulf of Carpentaria

Disaster management groups are on alert as flooding river systems in the Gulf of Carpentaria isolate remote communities.

ABC News

UAE blocks missile strike as Israeli president visits

The United Arab Emirates said on Monday it intercepted a ballistic missile fired by Yemen's Iran-aligned Houthi movement as the UAE hosted Israeli President Isaac Herzog on his first visit to the Gulf business and tourism hub.

Reuters

Israel supports UAE security needs, president says on first visit

Israel's president, making his first visit on Sunday to the United Arab Emirates, said his country supports the Gulf state's security needs and wants more countries in the region to join its new detente with the Arab world.

Reuters

Lebanon's FM goes to Kuwait with answers to Gulf suggestions

Lebanon’s foreign minister has headed to Kuwait to deliver answers to a list of policy suggestions made to the country by Persian Gulf nations in an attempt to end an impasse between both sides

The Independent UK

Lebanon will not ‘hand over’ Hezbollah weapons: Foreign minister

Abdallah Bou assures his country will not be used as a ‘launch pad’ to violate Arab countries’ interests.

Al Jazeera

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Asharq Al-Awsat

Lebanon's Mikati, Grand Mufti Call for 'Positive' Reply to Gulf Initiative

Lebanese Prime Minister Najib Mikati and former PM Fuad Saniora announced on Friday that they will not call for a Sunni boycott of the upcoming parliamentary elections, days after former Premier Saad Hariri said he was suspending his political career. Mikati met on Friday with Grand Mufti Sheikh Abdullaltif al-Derian…

Reuters

Lebanon will not 'hand over' Hezbollah arms at Gulf meeting, minister says

Lebanon's foreign minister said he was not going "to hand over" Hezbollah's weapons during a meeting this weekend with Gulf Arab counterparts that want Beirut to rein in the Iran-backed Lebanese Shi'ite group in exchange for improved ties.

The Independent UK

Court ruling gives Biden chance for reset on climate policy

President Joe Biden has an opportunity for a reset on climate policy after a federal judge rejected an administration plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling

The Guardian - US

US judge blocks sale of Gulf of Mexico drilling leases over climate concerns

Federal judge rules that Biden administration did not properly consider the leases’ impact upon the climate crisis

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Daily Record

Lanarkshire veteran makes desperate plea to trace stolen medals

Robert Brown fought in the Gulf War and serving in Iraq in his 22 year army career

Tribune News Service

Biden's Gulf of Mexico offshore oil lease plan voided by US judge

The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change.

Axios

Judge nixes Gulf of Mexico oil leases in climate-focused ruling

"Barreling full-steam ahead with blinders on was simply not a reasonable action" for the Interior Department, judge said.

The Independent UK

Federal judge throws out oil lease sale in Gulf of Mexico

A federal court has rejected a plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling, saying the Biden administration failed to conduct a proper environmental review

Asharq Al-Awsat

Morocco Renews Condemnation of Houthi Attacks Against Saudi Arabia, UAE

Morocco's Foreign Minister Nasser Bourita reiterated its condemnation of the Houthi attacks and their supporters against civil and economic facilities in Saudi Arabia and the UAE. Bourita also affirmed Morocco's rejection and condemnation of all forms of Iranian interference in the internal affairs of the Gulf countries, particularly Bahrain. The…

Foreign Affairs

The MBS Economy

Can Technocratic Reforms Save Saudi Arabia?

Bangkok Post

Thailand, Saudi Arabia agree to restore full diplomatic ties

CAIRO: Thailand and Saudi Arabia agreed on Tuesday to exchange ambassadors in the first high-level meeting between the two countries since a row over a jewellery theft nearly three decades ago led the Gulf state to downgrade ties.

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