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UAE moves to shore up confidence
The United Arab Emirates has intervened to bolster increasingly fragile confidence in the oil-rich Arab Gulf’s business hub and prevent contagion from the US spreading to one of the world’s fastest growing regions
Moody’s warns on Dubai vulnerability
Dubai’s debt has soared to about 100 per cent of gross domestic product and continues to grow, leaving it vulnerable to an economic slowdown, according to Moody’s
Go-it-alone plan on Iran sanctions
The US and its allies are discussing a “coalition of the willing” that would impose sanctions on Iran’s energy and financial sectors without UN backing as concerns increase about Tehran’s accelerating nuclear programme and a possible Israeli military response
US and EU plan Iran sanctions
The US and its allies are discussing a "coalition of the willing" that would impose sanctions on Iran's energy and financial sectors without United Nations backing as...
Middle East jubilant over Wall St woes
The Wall Street crash has provoked undisguised gloating among the US’s enemies in the Middle East who claim the global financial crisis is a further sign that the US has lost its superpower status
Influence has waned but remains significant
Ancient Persia enjoyed a high level of trade because of its position on the Silk Road. But when it lost most of its agricultural lands after the Mongol invasion in the...
Sadr loyalist killed in roadside bomb
A senior Shia lawmaker loyal to anti-American cleric Moqtada al-Sadr was killed by a roadside bomb in Baghdad, raising concerns about the potential for violence ahead of provincial elections expected early next year

Middle East & North Africa 









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