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Bankers push for action on Saudi groups
Want UK to raise concerns about two Saudi companies that have defaulted on billions of dollars of debt
Iran says west creating rift with Moscow
Accusation suggests Tehran is concerned that major powers may be more united than before against nuclear programme
Whitehall heard ‘drumbeats’ of Iraq war
Britain’s official inquiry into the Iraq war opened in London with senior Whitehall officials saying they had sought to distance themselves from the ‘regime change’ plan that started emerging from George W. Bush’s administration as early as 2001
Whitehall wary over Iraq inquiry
Four top civil servants will take the stand in the Iraq inquiry’s first evidence session, opening a long-awaited public investigation viewed with dread in Whitehall
Israel closes in on prisoner exchange deal
Israelis and Palestinians are gripped by mounting speculation that a deal to swap hundreds of Palestinian prisoners for Gilad Shalit, the Israeli soldier held by the Islamist Hamas since 2006, is close
Iran and Brazil call for UN reform
The presidents of Iran and Brazil issued a joint call for reform of the United Nations at the start of a controversial visit to three Latin American countries by Mahmoud Ahmadi-Nejad, the Iranian leader.
Bahrain’s poor stake a claim for housing
The island kingdom’s real estate market, which has fared better than others in the Gulf region, will have to adapt to meet a particular domestic demand
Gulf Air scraps routes in restructuring
The troubled Bahraini airline has announced a plan intended to stem losses of more than $1m a day and return it to profitability by 2012
Water shortage adds to Yemen woes
Violence is predicted as supplies become scarcer, with over-use by the agricultural sector and one of the world’s highest population growth rates being blamed
Abraaj poised to buy again after raising $375m
The Middle East’s largest private equity house has raised its capital by almost a third as it prepares a return to buying mode
Related content and features
Comment
Atonement for Dubai excess
Executives have lost their jobs amid pressure for a return to a more conservative style, says Simeon Kerr
Viewpoint
Use Gulf oil wealth prudently
Revenues should be invested effectively to ensure long-term economic development, says Andrew Cunningham
Markets Watch
Qatar diversifies with bond issue
The country issuing the largest emerging market bond issue could have borrowed more, writes Robin Wigglesworth
