"The ongoing disintegration of the Fertile Crescent fuels extremism; empowers Iran; drives Iran, Iraq, Russia and Syria together; weakens the strategic position of the GCC; vexes Turkey; and leaves the United States on a strategic treadmill."
Investment in foreign securities recorded a monthly increase for the first time in 2015, an indication that drawing down foreign reserves is not the only deficit financing tool being employed, according to a recently released report by Riyadh-based Jadwa Investment.
A recent report on Saudi students in the United States by World Education News and Review found that Saudis studying in the U.S. have increased by 20% in the last year and often apply to a wider range of schools other than the elite institutions that are a typical focus of international applicants.
HRH Prince Turki al-Faisal gave his first televised interview with the Israeli media station Haaretz, and told the outlet that if Netanyahu was a far-sighted leader, he would negotiate on the basis of the Arab Peace initiative.
Most of the 19 attackers were Saudi nationals who hijacked planes and flew them into the World Trade Center in New York City, the Pentagon near Washington, D.C., and into a field in Pennsylvania, but a U.S. judge has ruled that Saudi Arabia is not liable for damages.
Saudi Arabia is seeking to cut its widening deficit and "reduce exposure to volatile equities markets amid the sustained slump in oil prices" as it draws down a reported $50-$70 billion from foreign holdings around the world in 2015, according to a Financial Times report.
At least 717 pilgrims were killed on Thursday in a stampede outside the Muslim holy city of Mecca, Saudi authorities said, the worst disaster to strike the annual hajj pilgrimage in 25 years.
A suspected former bodyguard to Osama bin Laden has been transferred from Guantanamo Bay to his native Saudi Arabia, according to U.S. DoD officials, following U.S. review and approval of Saudi Arabia's extremist rehabilitation program.
In collaboration with the U.S. Department of State, the U.S. Chamber of Commerce, and C3 International, the C3 US-Arab Business Summit will take place on Monday, October 19, 2015, in New York City at the Union League Club.
