bahrain - CNBC

search results for

refine results

sort by


result type


Press Releases

EXCLUSIVE-Qatar diplomatic crisis delays sale of Gulf shipping firm, sources say

*Four Arab nations cut ties with Qatar in June. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic, trade and transport ties with Qatar in June, accusing it of supporting terrorism- a charge Doha denies. Qatar was the biggest shareholder in Gulf container line United Arab Shipping Company, followed by Saudi Arabia.

Source: Reuters

'Bringing back the dark ages': Saudi Arabia accused of bid to destabilize Qatar

Qatar's finance minister says the blockade of countries isolating Qatar are bullying and disrespectful.


A boom in American liquefied natural gas is shaking up the energy world

A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, N.Y. Times reports.

Source: The New York Times

UPDATE 1-Qatar Investment Fund to broaden focus into Gulf beyond Qatar

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Doha on June 5, accusing it of backing terrorism, something it vehemently denies. Current strategy allows the fund, which had net assets of $114 million as of June 30, to invest up to 15 percent of its assets in Gulf Cooperation Council nations other than Qatar.

Source: Reuters

UPDATE 2-Iran, EU and Russia defend nuclear deal after Trump threat

WASHINGTON, Oct 13- Iran, U.S. allies in Europe and Russia on Friday defended the 2015 nuclear agreement with Tehran and said they would stick by it, after U.S. Trump said in a Washington speech that he would not certify that Iran is complying with its agreement with six world powers and the European Union, despite a determination by the U.N.' s nuclear watchdog that...

Source: Reuters

Iranian President Rouhani says Iran is committed to nuclear deal as long as it serves its interests

Iranian President Hassan Rouhani says the United States cannot unilaterally revoke the country's international nuclear deal.

Source: Reuters

POLL-Oil, austerity expected to shrink Saudi economy this year

*GDP would shrink for first time since financial crisis. RIC= SAGDPAP for Saudi Arabia poll data. RIC= AEGDPAP for United Arab Emirates poll data.

Source: Reuters

HSBC appoints new CEO to replace retiring Stuart Gulliver

LONDON— London- based bank HSBC says John Flint will be its new chief executive, replacing the retiring Stuart Gulliver. Chairman Mark Tucker says Flint has "great understanding and regard for HSBC's heritage, and the passion to build the bank for the next generation." "He has represented the group in Hong Kong, Singapore, Indonesia, Thailand, India, Bahrain, the United...

Source: The Associated Press

SPECIAL REPORT-In blocking arms to Yemen, Saudi Arabia squeezes a starving population

DJIBOUTI, Oct 11- Late last year, the Kota Nazar, a Singaporean ship with 636 containers of steel, paper, medicine and other goods, set sail to Hodeida, the largest cargo port in war-torn Yemen. Like dozens of other ships carrying food and supplies to Yemen over the past 30 months, the Kota Nazar was stopped by a Saudi Arabian warship blocking Yemen's ports on the Red Sea.

Source: Reuters

INTERVIEW-New Bahrain oil pipeline ready in 2018, gas pipeline under study

*Bahrain has been talking with Russia about gas imports. MANAMA, Oct 10- A new 350,000- barrels-per-day oil pipeline between Saudi Arabia and Bahrain will be completed next year to serve the planned expansion of Bahrain's refinery capacity, while construction of a gas pipeline is being considered, Bahrain's oil minister said. Bahrain is in final negotiations...

Source: Reuters