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ABU DHABI, United Arab Emirates (AFP) – The United Arab Emirates accused neighbouring Qatar of “intercepting” two Emirati passenger planes en route to Bahrain on Monday in the latest incident between the Gulf rivals. Qatar denied the allegations as “totally baseless” and hit back that they came “one day after a C-130 UAE military aircraft breached Qatari airspace”. Tensions have escalated in the Gulf since Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut all ties with Qatar […]
by Omar Hasan Agence France-Presse DUBAI, United Arab Emirates (AFP) — The International Monetary Fund on Tuesday advised energy-rich Gulf economies to speed up their diversification away from oil after projecting the worst growth for the region since the global financial crisis. Oil exporters in the Middle East, especially those in the Gulf Cooperation Council, have been hit hard by the collapse in crude prices which provided a major part of their finances. Following the […]
