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SocietyKingdom’s Grand Mufti warns against misleading young people
The Grand Mufti of the Kingdom of Saudi Arabia and President of Council of Senior Scholars and General Presidency of Scholarly Research and Ifta, Sheikh Abdulaziz bin Abdullah bin Mohammed Al Al-Sheikh called on young people not to follow claims of jihad and support for Islam under unknown banners and perverted principles.
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Tadawul OpeningSaudi Markets To Open To The World: How, When And Why
Last month’s announcement by the Saudi Arabian Capital Markets Authority that it would open its long-closed equity markets to international investment was a landmark moment. It will give access to a market with a capitalisation of US$590 billion – about the same as Russia’s, and representing half of the entire Gulf region.
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Iran NegotiationsReports propose compromise for Iran nuclear deal
As negotiators from Iran and six world powers prepare to resume talks next month, two new papers by prominent arms-control experts close to the negotiations offer prescriptions for how to overcome key obstacles to reach a nuclear deal.
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Fiscal SurplusKingdom set to record another fiscal surplus
Given the elevated level of oil prices during the first half of 2014, Saudi Arabia is set to record another fiscal surplus, the National Commercial Bank further said in its latest Saudi Economic Review released Sunday.
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LibyaOpinion: Why the bombing of Tripoli is a game-changer for the fight against the Islamic State
Whatever the reason the White House wants us to think it was shocked—shocked!—that the Emiratis and Egyptians did this, the Obama administration should now move swiftly to capitalize on what could be a game-changer in the war against Islamist terror, and specifically against the Islamic State (IS, also known as ISIS or ISIL).
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Iraq AirstrikesU.S. relies on Persian Gulf bases for airstrikes in Iraq
The U.S. military is relying on bases in the Persian Gulf and elsewhere in the Middle East to carry out airstrikes in Iraq but is masking the locations and other details about the units and aircraft involved to avoid embarrassing partners in the region.
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SyriaPossible airstrikes in Syria raise more questions
The intelligence gathered by U.S. military surveillance flights over Syria could support a broad bombing campaign against the Islamic State militant group, but current and former U.S. officials differ on whether air power would significantly degrade what some have called a "terrorist army."
- CNN - Opinion: ISIS is forcing a 'moment of truth'
- Al-Jazeera - American fighting with Islamic State killed in Syria
- Washington Post - U.S. rules out coordinating airstrikes in Syria with Assad
- Reuters - U.S. air strikes on Syria would face formidable obstacles
- Quartz - This is the Syrian town where the first US airstrikes could fall
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ElectricitySEC to bring 4,750 MW of natural gas-fired generating capacity in Riyadh
The Saudi Electricity Company (SEC) announces plans to bring online more than 4,750 MW of natural gas-fired generating capacity in Riyadh between years 2015 and 2017.
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Work WeekSaudi five-day week for private sector scrapped
A plan by Saudi Arabia’s labour ministry to give two days off a week in the private sector is being shelved following tremendous pressure from investors and the business community.
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Food ImportsSaudi Arabia food imports worth $24 billion annually
Saudi Arabia imports almost 70 per cent of its food requirements, according to an economic study conducted by the Saudi Agriculture Exhibition, which noted that the Kingdom pays 90 billion Saudi riyals ($24 billion) annually in return for food. The study, which was released on Tuesday, noted that food expenditure in Saudi Arabia constitutes 26 per cent of all consumer spending and predicted that food consumption will significantly increase by 55.3 per cent to reach 424 billion riyals ($113 billion) by 2016.
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