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Saudi Students in the U.S. Increased 20% from 2013/2014 and Are Increasingly Placed in Diverse Institutions, Study Finds
A recent report on Saudi students in the United States by World Education News and Review (WENR) 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. The […]
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HRH Prince Turki al-Faisal, in First Interview with Israeli Media, Chides Netanyahu for Refusing Peace
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. If Benjamin Netanyahu “was more of a far-sighted leader, he would break the logjam and negotiate on the […]
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14 Years After 9/11 Attacks, U.S. Judge Throws Out Suit Against Saudi Arabia
A U.S. judge on Tuesday dismissed claims against Saudi Arabia by families of victims of the Sept. 11, 2001 attacks, just over 14 years after the strikes on the World Trade Center towers and the Pentagon. U.S. District Judge George Daniels in Manhattan said Saudi Arabia “had sovereign immunity from damage claims by families of […]
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SAMA Draws Down on ‘$50-70 Billion’ From Foreign Assets in Face of Sustained Oil Price Slump
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. The sale of assets is in line with estimates on […]
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Over 700 Dead and Hundreds More Injured after Stampede in Mina Seen as ‘Worst Hajj Disaster in 25 Years’
At least 717 pilgrims were killed and 805 others were injured on Thursday in a stampede in Mina, outside the Muslim holy city of Mecca, in the worst disaster to strike the annual haj pilgrimage in 25 years. The stampede was caused by two large groups of pilgrims arriving together at a crossroads on their way […]
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U.S. Coordinates with Saudi Arabia to Return Guantanamo Detainee
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. “The United States is grateful to the government of the Kingdom of Saudi Arabia for its willingness to support ongoing U.S. efforts to close the Guantanamo Bay detention facility. The United […]
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2015 C3 US-Arab Business Summit – New York City
In collaboration with the U.S. Department of State, the U.S. Chamber of Commerce, and C3 International, the C3US-Arab Business Summit will take place on Monday, October 19, 2015, in New York City at the Union League Club. The summit will focus on “Cyber Security, Smart Cities, and Bilateral Prosperity.” Save the date and register now […]
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Key Backing of Iran Deal by Saudi King Salman Could Further Boost U.S.-Saudi Military Ties
Following King Salman’s personal and public support for the P5+1 deal with Iran at the White House last week, the United States and Saudi Arabia have overcome one of the largest bi-lateral diplomatic hurdles in decades. The strong support follows months of salesmanship by the Obama administration and paves the way for continued military and […]
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As Saudi Student Scholarship Program Expands to All Students Abroad, MoE Explores Limiting Program’s Scope to Medicine and Engineering
While visiting the United States last week, Saudi Arabia’s King Salman extended the Kingdom’s already expansive scholarship program to all students studying abroad, including to those currently paying their own way. The King met directly with Saudi students studying in the United States while in Washington and made the announcement during his visit. However, according […]
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King Salman’s Energetic Visit to Washington
During King Salman’s visit to Washington last week – his first official state visit anywhere – the King had back-to-back meetings with President Obama at the White House and met with Saudi military personnel, Saudi students, former U.S. presidents, former Aramco employees and the U.S.-Saudi business community in a schedule that provided a boost to U.S.-Saudi relations. […]
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MUST-READS
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Seriously, a fatwa against snowmen? Saudis push back on Twitter.
This online interaction reflects the Islamic principle of ijma, or consensus, on religious edicts, under which public opinion is able to cast off weak or impractical fatwas.
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How low can oil prices go? Welcome to the oil market’s old normal
But lower drilling costs, steady improvements in fracking techniques and a focus on lowest cost areas help offset the effect of lower prices. The EIA said in December that “projected oil prices remain high enough to support development drilling activity in the Bakken, Eagle Ford, Niobrara, and Permian Basin, which contribute the majority of U.S. oil production growth.” The EIA said it expects U.S. crude oil production to average 9.3 million barrels per day in 2015. That’s 200,000 barrels a day less than EIA’s earlier projections, but it still means an increase of 700,000 barrels a day from 2014. Sooner or later, though, the cycle will turn. Naimi in the interview with Argus sounded confident, and patient. "The bet is about the timing of the price rise," he said, "not about if it will occur."
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Opinion: Will This Time Be Different?
The good news is that more than 13 years after the 9/11 terror attacks, anti-Muslim violence remains a rare phenomenon in Western democracies. In the United States, for example, the FBI tallied 165 anti-Muslim hate-crime offenses in 2013, or about one-tenth the number of offenses targeting gays, lesbians, bisexuals, and transgender people. Only about one-third of anti-Muslim crimes involved violent attacks on people. Comparable statistics for Europe are more difficult to come by. (In 2014, the U.S.-based Anti-Defamation League published a sharp critique of the deficiencies of hate-crime record-keeping in European countries.)
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What happens to Saudi Arabia with oil at $50?
But Jean-Michel Saliba at Bank of America Merrill Lynch points out that the recent budget was based on an average oil price of $75 a barrel, which would produce a deficit of 9 per cent of GDP. If oil stays at $50 a barrel in 2015, the fiscal deficit would swell to about 20 per cent of GDP.
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Opinion: If Cyberattacks Are Terror, Who’s the Biggest Terrorist?
Rather than misapplying the existing policy tools or diminishing the physical harm and psychological toll of terrorism, Congress should reexamine what new legislation is required to prevent or counter significant costly or damaging cyberattacks. If malicious cyberattacks are considered terrorism, this will result in a default categorization of the United States and many of its allies as sponsors of terrorism. Obviously, it’s highly unlikely that the Secretary of State would designate the United States or its allies as such.
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Is Yemen falling out of Saudi’s grasp?
Besides the traditional dangers that Saudi security has been facing across its border with Yemen for decades, such as weapon and drug smuggling and even infiltration and people smuggling, the sharp rise of the Houthis’ Ansar Allah militia is a new danger threatening southern regions of Saudi Arabia.
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Foreigners fighting Islamic State in Syria: who and why?
Western governments are closely monitoring foreign fighters but law enforcement agencies are acting differently towards those joining Islamic State or those linking up with the Kurdish resistance whose motivations are far more diverse.
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Oil Sinks Below $50 a Barrel: How Low Will It Go?: Video
Ashmore Group's John Sfakianakis and Dan Dicker, author of "Oil's Endless Bid," discuss the outlook for oil prices with Bloomberg's Trish Regan on "Street Smart."
- DW - Saudi Arabia says it will maintain oil output
- The Hill - Saudi Arabia seeks to calm internal fears on oil price
- Business Vancouver - Saudi Arabia’s risky energy gamble: sacrificing short-term revenue to undermine competition
- Seeking Alpha - U.S., Russia, Saudi Arabia: Who Is Going To Win In The Oil Price Stand-Off?
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Opinion: Can relations between Iraq and Saudi Arabia improve?
Though foreign missions in the Iraqi capital face the danger of attack, the Saudi Ministry of Foreign Affairs has decided to send a technical team to choose a new location for its embassy in Iraq, which closed its doors 24 years ago. The visit aims to break the ice in a relationship that has been frosty for the past 10 years. Saudi Arabia has also decided to open a consulate in the Kurdistan region, finally implementing a decision which had previously been delayed due to political and security tensions.
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Boeing Or Airbus: Whose Product Line Is Shaped Better For The Future?
Both Airbus and Boeing, have well filled order books to produce in the coming years without any order inflow, but looking at the demand in the coming 20 years the future looks bright for both companies.
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