Oil prices continue to support Saudi, most of Gulf inches up

Most Gulf markets rose slightly in quiet morning trade on Monday with oil prices hovering near their highest levels in nearly four years ahead of U.S. sanctions against Iran that will go into effect next month. The Saudi Arabian index <.TASI> was up 0.2 percent after an hour of trade, boosted

UAE claims Qatari fighter jets intercepted civilian plane

By Middle East Affairs UAE state news agency WAM reported Sunday that the United Arab Emirates claims Qatari fighter jets intercepted a civilian aircraft on its way to Bahrain. The plane, with 86 passengers aboard, had to maneuver around the fighter jets to avoid a collision, the agency quoted UAE's civil aviation

Iran ‘ready’ to sit down with Arab neighbors: Rouhani

By Middle East Affairs Iran's president said Wednesday he would be open to discussing regional security issues with Gulf Arab neighbors, AFP reports. President Hassan Rouhani listed one condition, though: Western powers must stay out of it. "We don't need foreigners to guarantee the security of our region," he said in a televised