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Subscriber

The London Court of International Arbitration’s award of damages to former US diplomat Peter Galbraith and a Yemeni partner comes at a sensitive time in Erbil-Baghdad relations.

Iraq
Issue 887 - 16 October 2010

Al-Ghurair leads the charge in New York

Subscriber

Allegations about Maan Al-Sanea were first made in the New York Supreme Court in a counter-claim after Ahmed Hamad Al-Gosaibi and Brothers (AHAB) was sued by the UAE-based Mashreq Bank, owned by the Al-Ghurair family, which claimed it was owed

United Arab Emirates (UAE)
Issue 886 - 02 October 2010

Saudi bank appointments

Subscriber

Merrill Lynch Saudi Arabia has appointed Motashar Almurshed as chief executive.

Saudi Arabia
Issue 885 - 18 September 2010

US confirms Omani role in Iranian release

Free

The US State Department on 15 September confirmed the role of the Omani government in securing the release of imprisoned hiker Sarah Shourd, who was arrested with two other Americans by Iran 13 months ago when walking in the mountainous Iranian/Iraqi border region

Iran | Oman
Issue 884 - 04 September 2010

Abu Dhabi’s Taqa accused of malpractice

Subscriber

A law suit filed by one of the Gulf’s most high-profile expatriate executives could point to a dark side in the mighty Abu Dhabi business empire, if the allegations are proven. The suit has been filed in the United States by former Abu Dhabi National Energy Company chief executive Peter Barker-Homek against his former employer.

United Arab Emirates (UAE)
Issue 880 - 03 July 2010

Key officers in the US command

Subscriber

A new head will have to be appointed to US Central Command (Centcom). In the interim, deputy Centcom commander and US Marine Corps Lieutenant General John Allen will serve as acting

Iran | Iraq
Free

Expatriates in the Gulf are used to horror stories about exit permits refused, passports withheld and people being held indefinitely under house arrest, but most accept it as one of the risks of working in a developing country

Bahrain | United Arab Emirates (UAE) | Qatar
Subscriber

GSN has long profiled leading players in the Gulf, focusing on the personal, political and business relations that are rarely covered in the region. In line with this tradition, GSN is running an occasional series of profiles of major families and business entities, starting with the Al-Zawawis

Oman
Subscriber

Sheikh Ahmed Bin Zayed Al-Nahyan, a son of the UAE’s founding president, has died after a microlight aircraft he was learning to fly crashed in Morocco on 26 March. Sheikh Ahmed was managing director of Abu Dhabi Investment Authority (Adia) and had substantial business interests.

United Arab Emirates (UAE)
Subscriber

BAE Systems has parted company with former chairman and chief executive Sir Dick Evans just weeks after admitting to compliance failings under his leadership.

Saudi Arabia
Issue 872 - 05 March 2010

Al-Fahim under pressure on all fronts

Subscriber

Former head of Abu Dhabi’s Hydra Properties Sulaiman Al-Fahim has provided the western media with a bounty of stories over the past two years, but has been in even deeper trouble back home. In December, a Dubai court issued an irrevocable ruling against Al-Fahim and other defendants and ordered them to pay more than Dh8m ($2.1m) plus interest to an Azeri businessman over a property dispute – in another case that has highlighted the pitfalls of doing business in a region where transparency has its limits.

United Arab Emirates (UAE)
Issue 870 - 29 January 2010

Alleged $220m securities fraud

Subscriber

Thousands of investors have been swindled out of OR88m ($220m), the Omani prosecutor’s office said on 27 January. “So far, as many as 3,254 people fell prey to the swindlers and the total amount swindled by the cheats so far stands at OR88.4m,” the prosecutor said in a statement.

Oman
Issue 870 - 29 January 2010

New campaign group challenges Al-Saud

Subscriber

Islamist campaigners for constitutional reform have managed to sustain a permanent and openly declared organisation in the Kingdom for three months. Protests have usually consisted of one-off petitions or statements by groups of intellectuals, but the Saudi Civil and Political Rights Association (ACPRA) is maintaining a campaign presence through a series of statements and ‘letters to the King’ on its website www.ksaright.org.

Saudi Arabia
Issue 867 - 04 December 2009

New QFC chief executive

Free

Stuart Pearce, Qatar Financial Centre’s chief executive since 2005, has stepped down and been replaced by acting chief

Qatar
Issue 864 - 06 November 2009

New position for Mansour Bin Mitab

Subscriber

On 2 November, King Abdullah appointed Prince Mansour Bin Mitab Bin Abdelaziz Al-Saud as municipal and rural affairs minister. Mansour's father, Prince Mitab, who has a record of government service dating

Saudi Arabia