Bahrain Archives - Page 2 of 3

Israel’s cabinet approves normalisation deals ahead of visits to UAE, Bahrain

The Israeli cabinet approved on Monday the Abraham Accords, the normalisation deal signed by the United Arab Emirates, Bahrain and Israel on 15 September in Washington, DC. Israeli Prime Minister Benjamin Netanyahu said that he had spoken to Sheikh Mohammed bin Zayed, Abu Dhabi’s crown prince on Monday, and that they had agreed to meet soon, without specifying a date. “At the weekend, I spoke with my friend, the crown […]

13 October 2020

International News

‘Stab in the back’: Palestinians condemn Israel-Bahrain deal

Palestinian officials have condemned the Israel-Bahrain normalisation deal announced by US President Donald Trump as another "stab in the back" by an Arab state. Friday's accord normalising diplomatic ties between Israel and Bahrain comes one month after the United Arab Emirates agreed to normalise ties with Israel under a US-brokered deal. Trump tweeted the news on Friday after he spoke by phone to Bahrain's King Hamad bin Isa Al Khalifa […]

12 September 2020

International News

Oman and Bahrain stuck on sidelines of sovereign debt markets

Oman and Bahrain are stuck on the sidelines of the international debt markets after a record borrowing tally by Gulf Arab economies this month underscored a divide between the region's strongest and weakest sovereigns. Facing external financing needs that Goldman Sachs Group Inc. estimates at $5.5 billion this year, Oman and Bahrain are all but shut out from bond funding, waiting for their yields to retreat before wading into the […]

21 April 2020

International News

EU blacklists UAE, Bahrain and Tunisia as tax havens

European Union ministers adopted a blacklist of 17 non-EU tax havens on Tuesday including the United Arab Emirates, Bahrain and Tunisia after a year of tough negotiations. The Paradise Papers leak last month gave a new impetus to the plan, making public some of the intricate ways the world's rich evade tax using offshore havens. "We have adopted at EU level a list of states which are not doing enough […]

6 December 2017

International News

Bahrain accuses prominent opposition leader of spying for Qatar

The Bahraini judiciary on Wednesday accused imprisoned leader, Sheikh Ali Salman, of communication with Qatar over regarding potential future hostile acts in the kingdom. The prosecution issued arrest warrants for two more people without specifying whether Salman would be tried on the case. Salman was arrested in 2014 and was sentenced in July 2015 to four years in jail on charges of incitement to offend a group of people and […]

2 November 2017

International News

Bahrain to boycott summits attended by Qatar: king

The king of Bahrain has said his country will not take part in any summit or meeting attended by Qatar unless Doha "corrects its approach", as a major diplomatic crisis in the Gulf nears its five-month mark. Bahrain, along with Saudi Arabia, the United Arab Emirates and Egypt, cut ties with Qatar on June 5 and imposed a land, sea and air embargo, accusing it of supporting "terrorism". Doha has […]

31 October 2017

International News

Qatar refuses to accept goods originating in boycott countries

An official at the Qatar Chamber of Commerce has said that any goods originating in the countries currently boycotting the Gulf State will be rejected by the private sector, Khaleej Online has reported. This would be the case even if they are shipped via another country, said the unnamed official, who added that Qatari businessmen will visit Kuwait, Turkey and other countries in the next few days as part of […]

28 June 2017

International News

Qatar ‘extremely comfortable’ despite sanctions, markets stabilise

Qatar’s financial markets stabilised on Monday after a week of losses as the government showed it could keep the economy running in the face of sanctions by its neighbours. The finance minister of the world’s richest country per capita played down the economic toll of the confrontation, and said the government was “extremely comfortable” with its financial position, with the resources to endure the pressure. Saudi Arabia, the United Arab […]

13 June 2017

International News

GCC nations issue more threats against Qatar

The United Arab Emirates (UAE) threatened to impose an economic embargo against Qatar while Bahrain said "any options" were on the table as the crisis in the Gulf showed no signs of abating on Thursday. The tough talk from the Gulf Cooperation Council members came on Wednesday despite efforts by US President Donald Trump and Kuwait's emir to prevent a further escalation of the dispute, which started on Monday when […]

8 June 2017

Bahrain

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