Latest Gulf Cooperation Council (GCC) News & Updates

Tehran, June 26 (IANS) Iran’s Deputy Foreign Minister Kazem Gharibabadi on Friday underlined his country’s position on maritime navigation rules and transit arrangements in the Strait of Hormuz.”Safe passage through the Strait of Hormuz under vague arrangements, parallel routes, or decision-making outside Iran’s considerations as the coastal state is not guaranteed,” Gharibabadi wrote on X.”Any valid framework must be based on coordination with Iran and the provisions of paragraph 5 of the Isl…

New Delhi, May 1 (IANS): Leading UAE telecom major Etisalat is reviewing its investment in Pakistan, which could lead to its exit from Pakistan Telecom­muni­cation Company Ltd (PTCL), according to a report in the local media.Insiders say Etisalat had indicated that the review is driven by a combination of global macroeconomic uncertainty, regional geopolitical tensions, and evolving capital allocation strategies among sovereign-linked investors, the report in the Dawn said.Etisalat’s plans …