Gold prices may hit record high amid Gulf tensions & Federal Reserve decision – Saxo Bank analyst

Gold prices may hit record high amid Gulf tensions & Federal Reserve decision – Saxo Bank analyst

London/Washington/Copenhagen: Gold prices have hit new highs in the last four years. The price of gold will jump to new heights this year, claimed analysts at Europe’s Saxo Bank. On Monday, gold prices jumped to more than two thousand dollars an ounce on the backdrop of tensions in the Gulf and a possible decision by […]

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Saudi sends message to US-Israel by appointing ambassador for Palestine – Gulf analysts claim

Saudi sends message to US-Israel by appointing ambassador for Palestine – Gulf analysts claim

Riyadh: Saudi Arabia announced the appointment of an ambassador to Palestine last week. Therefore, Saudi has appointed its ambassador to Palestine for the first time. However, there is a big message behind this decision of Saudi. The cooperation with Israel will only be established if Saudi’s demands are accepted, Saudi signalled to Israel and the […]

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China prepares to lead Gulf by facilitating meetings between Arab countries and Iran

China prepares to lead Gulf by facilitating meetings between Arab countries and Iran

Washington/Beijing – President Xi Jinping has said that China should take a more active role in the reforms of the global governance system and on the security front. China’s mediation efforts have led to the initiation of discussions between Saudi Arabia and Iran. President Xi Jinping said this when discussions started about China’s increasing global […]

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Iran drone & missiles posing threat to US and its Gulf allies – US Defense Headquarters

Iran drone & missiles posing threat to US and its Gulf allies – US Defense Headquarters

Washington/Riyadh: Iran-made drones and missiles threaten the security of the United States and its allies in the Gulf. The US defense headquarters, Pentagon, said in its report that Iran’s supply of drones and missiles to Hezbollah, Houthis and other terrorist organizations in Iraq is a matter of greatest concern. The Pentagon released the report and […]

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China may withdraw from Afghanistan after Kabul Attack, claims a Gulf daily

China may withdraw from Afghanistan after Kabul Attack, claims a Gulf daily

Riyadh: China has been severely shocked by the terrorist attack on a hotel in Kabul, the capital of Afghanistan. Besides, China ordered its citizens to leave Afghanistan immediately after this attack. A leading newspaper in the Gulf has claimed that this will lead China to rethink its relationship with the Taliban and withdraw, partially abandoning […]

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US’s warning to Gulf allies from cooperation with China, Russia

US’s warning to Gulf allies from cooperation with China, Russia

Washington: Relations with the US will deteriorate if Gulf allies establish defence cooperation with China and Russia. Colin Kahl, the Under Secretary of Defence at the Pentagon, warned that Gulf allies could lose US cooperation. Also, Kahl questioned the Gulf countries on how one could establish cooperation with countries that are friendly with Iran. Although […]

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US media could spark dangerous conflict in the Persian Gulf – Russian Foreign Minister Sergey Lavrov

US media could spark dangerous conflict in the Persian Gulf – Russian Foreign Minister Sergey Lavrov

Moscow: Russian Foreign Minister Sergey Lavrov warned about ‘the harmfulness of the information campaign’ that Western media have launched. He said that this could trigger a dangerous conflict in the Persian Gulf. The Gulf region is strategically significant. But such harmful news could cause damage to the sector, the Russian Foreign Minister blamed. Russian Foreign […]

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