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Kerman blast: Around 100 people were killed and nearly 300 injured in two explosions at a cemetery in the southern city of Kerman on 3 January, at an event marking the fourth anniversary of IRGC Quds force leader Qasem Soleimani’s death in a United States drone strike.

Iran
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Slowing economic growth: The economy posted year-on-year growth of 2.5% in Q3 2023, according to data released by the Information and eGovernment Authority on 26 December. The expansion was led by the non-oil sector, which grew by 4.5%, offsetting a 6.8% decline in the oil sector. 

Bahrain
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UAE attorney-general Hamad Saif Al-Shamsi said on 6 January that a case had been launched at the State Security Court against 84 people.

United Arab Emirates (UAE)
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Emir Sheikh Tamim Bin Hamad Al-Thani made a number of changes to his cabinet on 8 January, less than a year after his last major overhaul to the executive team. Among the most significant changes was the promotion of minister of state for foreign affairs Sultan Bin Saad Al-Muraikhi to the cabinet. 

Qatar
Issue 1183 - 09 January 2024

Princess Haifa named ambassador to Spain

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From the ruling family’s Al-Muqrin branch, new Saudi ambassador in Madrid Princess Haifa Bint Abdelaziz previously served as the kingdom’s envoy to the UN’s cultural and educational arm Unesco.

Saudi Arabia
Issue 1183 - 08 January 2024

Iran names new ambassador to Oman

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Iran has a new ambassador to Oman, one of the Islamic Republic’s most strategically – important neighbours.

Iran | Oman
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Qatar has taken delivery of the last of four Italian-built Al-Zubarah class corvettes.

Qatar
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The UAE’s latest Cepa agreement is another step in Abu Dhabi’s plans to build its global profile by negotiating bilateral trade deals.

United Arab Emirates (UAE)
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Abu Dhabi’s perceived support for General Mohammed Hamdan Dagalo (Hemedti)’s RSF rebels led the under-pressure Burhan regime to order 15 UAE embassy staff to leave Khartoum in December. This posed further questions about the Gulf state’s role in the Sudanese civil war, while the RSF has made further strategic gains and is looking for broader regional support.

United Arab Emirates (UAE)
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Tehran has released Spanish football fan Santiago Sanchez after 15 months in custody, but at least ten other Europeans are thought to be held in Iran, including Swedish national Johan Floderus. Critics accuse Tehran of using them as leverage to secure the release of Iranian officials convicted in Europe.

Iran
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Crown Prince Mohammed Bin Salman’s favoured Public Investment Fund has been among the most prominent clients of US lobbying and legal firms over the past year, as Saudi Arabia seeks to strengthen its relations with Washington and support its subsidiaries’ investments in the American market.

Saudi Arabia
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The Saudi offer of long-term tax incentive comes just before new rules are introduced in January stipulating that international companies must base their regional headquarters in the kingdom if they want to compete for government contracts. Saudi Arabia has made the most high-profile recent moves to attract foreign investment, but even the more conservative Kuwait and ‘revolutionary’ Iran are easing terms for incomers.

Saudi Arabia
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Emir Meshaal Al-Ahmed’s appointee as prime minister is a former ambassador to the US, who served in government for a decade from 2001, before resigning over a corruption scandal.

Kuwait
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Abu Dhabi’s Mubadala Energy has announced a discovery from its first deep-water well, saying the find could ‘de-risk multi-trillion cubic feet’ of gas resources in the Indonesian permit.

United Arab Emirates (UAE)
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In a reordering of some of UAE national security advisor Tahnoun Bin Zayed Al-Nahyan’s extensive commercial interests, the new 2PointZero holding company will take control of shares in firms including venture capital investor Chimera Investments, minerals investor International Resources Holding and cryptocurrency ‘miner’ Citadel Technologies.

United Arab Emirates (UAE)