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  • Public Investment Fund
    Saudi Arabia’s Public Investment Fund Sold Tesla Stock Before Rally

    Saudi Arabia’s sovereign-wealth fund sold almost all of its Tesla Inc. shares last quarter, nearly exiting what had been one of the largest holdings in the electric-car maker. The Saudi Arabia Public Investment Fund held just 39,151 shares at the end of the year, according to a regulatory filing. The fund previously had more than 8.2 million shares and ranked among the five biggest owners, according to data compiled by Bloomberg.

  • EU-Iran
    EU top diplomat holds talks in Iran ‘to de-escalate tensions’

    Borrell’s trip, his first to Iran since taking office, follows a spike in tensions between Washington and Tehran after the January 3 assassination in Baghdad of top Iranian general Qassem Soleimani in a US drone strike.

  • Libya
    Libya envoy pushes for lasting ceasefire at Geneva talks

    The talks, likely to last all week, represent progress since for days Khalifa Haftar – the general who leads the self-styled Libyan National Army, based in the country’s east – had refused to attend.

  • Iraq
    Can Iraq’s new prime minister nominee navigate Baghdad’s political chaos?

    Salih named Mohammed Tawfik Allawi as his designee for the premiership. Salih has set a deadline for February 1 for Iraq’s parliament to elect a new prime minister, but the body has failed to do so. Allawi was a former communications minister under former Iraqi Prime Minister Nouri Al-Maliki.

  • Saudi-Iran
    Iran wants to resolve issues with Saudi, UAE quickly: Iranian official

    Iran wants to resolve differences with its Gulf foes Saudi Arabia and the United Arab Emirates “as quickly as possible”, Tehran’s ambassador to Iraq told the Iraqi state news agency in an interview published on Tuesday. Ambassador Iraj Masjedi said that top commander Qassem Soleimani, who was killed at Baghdad airport by a U.S. drone strike last month, was carrying a message setting out Iran’s position on possible rapprochement with Saudi Arabia, the news agency reported.

  • Afghanistan
    Violence Must Stop Before Afghanistan Peace Agreement, Pompeo Says

    “We got close once before to having an agreement, a piece of paper that we mutually executed, and the Taliban weren’t able to demonstrate either their will or their capacity, or both, to deliver on a reduction in violence,” he said. “And so what we are demanding now is demonstrable evidence of their will and capacity to reduce violence, to take down the threat.”

  • Turkey in the Region
    Turkey targets Syria troops in deadly counterattack

    Turkey's President Recep Tayyip Erdogan has vowed to continue Ankara's operation in Idlib, Syria, after at least four Turkish soldiers were killed during "intensive shelling" by Syrian government troops.

  • Saudi-Iraq
    Saudi Foreign Minister Doesn’t Want US Troops to Leave Iraq

    Faisal bin Farhan al-Saud says the United States acted in its "own legitimate self-defense," when it targeted Soleimani. "The U.S. has proven time and again to be a reliable ally of the [Saudi] Kingdom, and this is also the case with the Trump administration," he said recently in an interview with CNN.

  • Fuel Emissions
    Saudi Arabia 3rd-fastest reducer of fuel emissions among G20 nations

    Carbon dioxide (CO2) emissions in the Kingdom fell by almost double the predicted amount during 2018, the most up-to-date statistics from Enerdata have revealed. Data for the year showed a 4.4 percent or 26 million tons (MtCO2) fall in emissions in the country, down from 579 MtCO2 in 2017 to 553 MtCO2 in 2018. Previous estimates had put the reduction at 2.4 percent (15 MtCO2).

  • Saudi Aramco
    Taps open for Saudi listings after Aramco’s record IPO

    Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco’s record IPO.