Middle East News

Ahmadinejad congratulates Obama on his success

Iran's President Mahmoud Ahmadinejad Thursday congratulated US president-elect Barack Obama on his election victory, the official IRNA news agency reported.6:31 AM on November 07

Israel warns against opening dialogue with Iran

Israeli Foreign Minister Tzipi Livni warned US president-elect Barack Obama Thursday against holding a dialogue with Iran, saying Tehran could interpret such overtures as'weakness.'7:31 PM on November 06

Global crisis to hit Gulf economies on three fronts: report

The global financial crisis is about to hit the economies of the Gulf nations on three critical fronts, slowing the region's pace of growth, according to a new report.7:02 PM on November 06

Gulf reacts to Obama win with optimism laced with caution

The Gulf reacted expectedly with a definite sense of optimism, but tinged with caution, as America elected its first African American president, Barack Hussein Obama, to the White House.2:00 PM on November 06

Iran suggests anti-nuke movement with New Zealand

Iran and New Zealand, in collaboration with other countries, can jointly launch an anti-nuclear weapon movement, Iranian Foreign Minister Manouchehr Mottaki has said, official IRNA news agency reported Thursday.1:02 PM on November 06

Money for power, Britain tells Gulf leaders

British Prime Minister Gordon Brown has asked Saudi Arabia, Qatar and the United Arab Emirates (UAE) to contribute to his proposed expanded International Monetary Fund (IMF) in return for recognition of these countries' increasing weight in global economic affairs.11:30 AM on November 06

Iran welcomes Obama victory,warns US forces

Iranian officials Wednesday welcomed Barack Obama's victory in the US presidential elections, calling it a sign of failure of President George W. Bush's policies and Americans' demand for essential changes.12:30 AM on November 06

Brown eyes Gulf funds to fight meltdown

British Prime Minister Gordon Brown has asked Saudi Arabia, Qatar and the United Arab Emirates (UAE) to contribute to his proposed expanded International Monetary Fund (IMF) in return for international recognition of these countries' increasing economic weight at this month's Group of 20 summit in Washington.10:30 PM on November 05

Illiterates cannot apply for jobs in Saudi Arabia

Saudi Arabia has banned illiterate foreigners from taking up jobs in the country following a study on the crime scene in the country.8:30 PM on November 05

Obama victory badge of honour for US democracy: Israel

Israeli Foreign Minister Tzipi Livni congratulated US president-elect Barack Obama Wednesday on his victory in the US presidential election, saying it was a 'badge of honour for American democracy.'8:01 PM on November 05

India, China, Gulf to be global economic leaders: Gulf experts

The financial crisis will catapult India, China and the Gulf nations to a decisive leadership position in the global financial system, according to some leading economists of the Gulf.8:00 PM on November 05

Judgement on Obama depends on his political stances: Hamas

Islamic Hamas movement, which controls the Gaza Strip, Wednesday said its judgement on US president-elect Barack Obama is subject to his political stances.5:02 PM on November 05

ICICI Securities forays into Oman

Leading Indian financial services firm ICICI Securities has forayed into Oman offering a range of financial services to the large Indian diaspora in that Gulf nation.5:00 PM on November 05

Iran hails Obama victory

Iran Wednesday hailed the election of Barack Obama as the president of the US, saying the victory of the first black American dismantled the last racial barrier in the country's politics.12:30 PM on November 05

Brown confident UAE will help fight global financial crisis

British Prime Minister Gordon Brown has expressed confidence that the United Arab Emirates (UAE) would contribute to mitigating the global financial crisis and reiterated his call for international cooperation in this regard.9:03 PM on November 04