MUST-READS

• Tight Oil, Natural Gas
  Americans Split on Support for Fracking in Oil, Natural Gas

  The practice of hydraulic fracturing, or "fracking," has emerged as a divisive issue across the U.S., reflected in Americans' opinions about it; 40% of Americans say they favor the procedure, while 40% oppose it, and a substantial 19% do not have an opinion. This is amid the Obama administration last week announcing the first nationwide safety rules for fracking.

• Saudis Abroad
  91 Saudi doctors get acceptance in prestigious US residency program

  Ninety-one Saudi doctors were recently accepted into the US National Resident Matching Program (NRMP) in the most reputed university hospitals such as Harvard, Cleveland, Cornell and Chicago, local media have reported.

• Saudi Megaprojects
  10 Saudi Arabian landmark megaprojects worth around $100 billion            

  ifpinfo, 21 March 2015 inShare More than 80 megaprojects, each worth at least $1 billion, are underway or planned for completion by 2030 in Saudi Arabia making it the Middle East’s largest construction and build market by a huge margin. Here are 10 of the most exciting.

• U.S. Diplomatic Security
  US Embassy In Saudi Reopens After Week-Long Closure

  Consular operations in Saudi Arabia were first suspended last week for two days over heightened security concerns. It followed a warning to all western oil workers in the Kingdom about potential attacks or kidnappings from militant groups. The embassy closure was extended throughout the week over security concerns, officials clarified.

  • Al Arabiya - U.S. resumes consular services in Saudi Arabia
• Saudi - GCC
  Saudi king meets senior GCC officials

  According to the state-run agency, King Salman met with Bahrain’s Crown Prince and First Deputy Premier Salman bin Hamad Al-Khalifa; Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE’s Armed Forces Sheikh Mohammad bin Zayed Al Nahyan; Qatari Prime Minister and Interior Minister Sheikh Abdullah bin Nasser Al Thani and Kuwait’s Deputy Premier and Interior Minister Sheikh Mohammad Al-Khaled Al-Hamad Al-Sabah.

• Saudi Economy
  Saudi Economy – Jadwa Chartbook – March 2015

  Eight out of the total 15 sectors recorded positive performance in February. The energy sector was the best performer, benefitting from a dividend announcement.

• Real Estate and Housing
  Cityscape to witness Saudi reform impact on real estate market

  He added: “Growth in the Chinese economy will have a strong bearing on prices of building inputs, especially steel and copper. China's economy is slowing quite rapidly, so these prices should continue to soften. A stronger dollar will also help in this regard: A strong dollar typically means weaker commodity prices. With US interest rates heading up, and Japan and the euro zone engaged in monetary easing, we should see the dollar continue to strengthen. This is good news for Saudi Arabia since it will make a lot of imported inputs cheaper.

• Logistics
  Saudi’s Blominvest plans $306m Riyadh logistics park

  Investment company Blominvest Saudi Arabia has signed an agreement with SinoGulf to develop an industrial logistics park in Riyadh through a private fund that it will manage.

• Iran Negotiations
  Obama tells Iran of ‘historic’ opportunity

  According to unnamed officials talking to Associated Press news agency, the deal being hatched in the long-running talks will commit Tehran to a 40% cut in the number of machines it could use to make an atomic bomb. In return, economic sanctions would be eased sharply and a UN embargo on conventional arms would be partially lifted.

• Saudi Oil Exports
  Saudi Oil Exports Rebound After A Disappointing 2014

  Oil exports from Saudi Arabia, the world’s most copious exporter, rose to 7.47 million barrels per day in January, a significant step up from the 6.934 million barrels per day shipped the month before, according to the UN’s Joint Organizations Data Initiative (JODI).

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