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Bahrain police arrest 2 'girls' over bid to attack F1

Two Bahraini girls were arrested for allegedly having plotted to carry out an attack on Sakhir circuit during the weekend's Formula One Grand Prix race, police said on Tuesday. Authorities arrested "two girls who were trying to carry out a terrorist act at Bahrain's international circuit in the south, as the kingdom was hosting the Formula One race," state news agency BNA quoted police as saying.

Gulf countries meet over Iran nuclear radiation fears

DUBAI/KHOBAR, Saudi Arabia (Reuters) - National emergency officials in the Gulf Cooperation Council (GCC) countries met on Sunday in Saudi Arabia to discuss the risk of radiation spreading over the Gulf if Iran's Bushehr nuclear power plant is damaged by another earthquake. A 6.3-magnitude earthquake struck close to Iran's only nuclear power station last week, killing dozens of people but leaving the nearby plant undamaged, according to Iranian officials and the Russian company that built it.

Kuwait grants Bahrain $1.3 billion to finance projects

Kuwait said on Wednesday it will finance projects worth $1.3 billion (992 million euros) in its Gulf partner Bahrain as part of pledges made two years ago, an official statement said. The funds will be used to finance part of four development projects over the next few years, including power transmission networks, housing projects and a key road, the state-owned Kuwait Fund for Arab Economic Development said. KFAED officials signed the agreements with visiting Bahraini Foreign Minister Sheikh Khaled bin Ahmad Al-Khalifa.

Undersecretaries of GCC ministries of Finance and Economy discuss economic integration

Undersecretaries of the Gulf Cooperation Council for the Arab Gulf States (GCC) ministries of Finance '&' Economy, will hold their 40th meeting on Wednesday next, to prepare for the 95th session of the Financial '&' Economic Cooperation Committee to be hosted by Bahrain on 4th May 2013.The meeting will discuss a number of issues including the GCC's proposals on the implementation of the resolution of the Supreme Council on deepening economic integration between the countries of the GCC.The meeting also addresses the recommendations of the working groups and other tech

Iran rejects Gulf claims of 'interference'

Iran rejected Tuesday claims by the Gulf Cooperation Council that it is interfering in the grouping's internal affairs, insisting that Tehran stays away from domestic issues of other countries. "Iran's intervention in Bahrain's affairs is a claim contrary to reality and it is made in order to escape from the real problems and will bear no results," Iranian foreign ministry spokesman Ramin Mehmanparast said at his weekly press conference. "We have not, are not, will not interfere in the domestic issues of any country."

Kerry in Riyadh for Gulf talks on Iran, Syria

US Secretary of State John Kerry arrived in the Saudi capital on Sunday for talks with the Gulf monarchies on Iran and the deadly conflict roiling Syria. Kerry, on his first trip to the region since taking over as the top US diplomat, was to dine with foreign ministers of the Gulf Cooperation Council, the group of six Gulf monarchies including Saudi Arabia. On Monday he will hold separate talks with each GCC nation.

GCC states slam world inaction on Syria

The six Gulf monarchies on Sunday criticised world inaction on Syria and Iranian "interference" in their internal affairs ahead of a visit to the Saudi capital by US Secretary of State John Kerry. "The Syrian crisis has become more of a quasi-catastrophe through the unjustified killing of the Syrian people," Bahraini Foreign Minister Sheikh Khaled al-Khalifa said at the opening session of a Gulf Cooperation Council (GCC) meeting.

Gulf awaits Kerry with qualms over US policies

The conservative Arab monarchies of the Gulf will meet newly appointed US State Secretary John Kerry on Sunday, amid reservations over his administration's policies on Syria and Iran, analysts say. Kerry is scheduled to meet his counterparts from the six member states of the Gulf Cooperation Council (GCC) in Riyadh, before flying on to the United Arab Emirates and Qatar. There is "concern, frustration and disappointment about US policy. Some high GCC officials say in private they find it difficult to trust the US," said Abdulaziz Sager, chairman of the Gulf Research Centre.

UAE to pump $500 mn grant into Oman projects

Oil-rich UAE will channel $500 million this year into development projects in neighbouring Oman as part of a $2.5 billion pledge within a Gulf aid programme, a top Emirati official said on Wednesday. "The UAE government will pump $0.5 billion this year through the Abu Dhabi Fund for Development," said the fund's chief Mohammed al-Swaidi in Oman. He stressed that the funds will be part of a "UAE grant of $2.5 billion, that is the UAE's contribution to the Gulf Cooperation Council's programme launched in 2011 to help Bahrain and Oman," which were hit by Arab Spring protests.

UAE agrees to grant Bahrain $2.5 bn

The UAE on Monday signed an agreement with Bahrain under which it will donate $2.5 billion to its protest-hit neighbour as part of a Gulf aid programme to it and Oman, the BNA state news agency said. Under the memorandum of understanding signed in Manama by the government of Bahrain and the Abu Dhabi Fund for Development, the oil-rich state will release the aid package over a period of 10 years, "$250 million annually," BNA said. The grant will be directly managed by the Abu Dhabi fund, BNA said.
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