Gulf Cooperation Council
Gulf Cooperation Council News
Yemen has been in political limbo since the president and prime minister resigned last month after the Houthis seized the presidential palace.
Indian expatriates in Oman and other Gulf Cooperation Council (GCC) countries have started taking personal loans in a bid to take advantage of a record fall in the value of Indian rupee against local currencies, a report said.
Private companies that hire more foreigners than Saudis will be fined as part of a government plan to tackle unemployment in the country.
The Gulf Cooperation Council, which relies on the four-mile-wide channel, has drawn up a contingency plan in case Iran acts on its threats.
The list that covered the 30 richest Indians in the GCC region has just five billionaires.