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Does Iran have a card to play in Bahrain?
“Everywhere, except in Bahrain, movements descended into violence. This is not because the people of Bahrain are incapable of using weapons or that weapons cannot be delivered to Bahrain. Bahrain is like any other country in the world and it is possible to send weapons and fighters even to the most tightly controlled countries in the world."
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US embassy closure in Saudi Arabia continues for fourth day
he United States embassy in Saudi Arabia remained close to the public for a fourth straight day on Wednesday because of unspecified security concerns. “The consular services remain suspended,” embassy press officer Johann Schmonsees said, adding that other embassy business continues as usual. No visa and other consular services are being offered at the embassy in the Saudi capital and at consulates general in Jeddah and Dhahran.
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Could opening the Tadawul to foreigners be the worst timed stock market launch since the Nasdaq Dubai?
Although no fixed date has been announced, investors are anticipating that Tadawul will open to foreign investment by large investors in the first half of 2015, with plans already at an advanced stage. The Capital Markets Authority of Saudi Arabia published draft regulations on the types of funds that will be able to invest at the end of 2014, sparking excitement across the markets.
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Islamic economy presents significant opportunity for MENA entrepreneurs
Saeed Farook had listed the seven pillars of the Islamic economy, namely: funding in accordance with Islamic principles, halal products, tourism, digital economy, Islamic designs and art, Islamic standards, and Islamic knowledge, stressing the fact that Islamic economy "represents the opportunity of a lifetime."
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Saudi Aramco Shares Strategies for Navigating Economic Downturn at MEOS 2015
“The challenge of keeping up during a downturn is more complicated today than ever before,” he said. “But we have seen how that approach to a spending crunch plays out. Indeed, we are still living with the consequences. The reduced investment in technology and talent that characterized the 1980s and early ‘90s should remind us that repercussions can be lasting.”
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Saudi forces wrap up weeks-long exercise on Iraq border
Saudi security forces on Wednesday ended a weeks-long exercise on the Iraqi border where three troopers died in a January attack blamed on "terrorists." Border Guards and other interior ministry units have been conducting daily training as part of the "first joint tactical" exercise north of Arar city, the Saudi Press Agency reported.
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Saudi retail market reaches $99 billion
The volume of retail market in the Kingdom is exceeding SR370 billion, 44 percent of which is represented by the food sector, or SR160 billion, local media said quoting an expert.
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Saudi ministry unveils mechanism for transfer of sponsorship
The Saudi Labor Ministry unveiled on Tuesday the mechanism for the transfer of sponsorship of expatriate workers hired for projects, which are stalled, to new contractors, the Saudi Press Agency reported.
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Kuwait detains political activist over tweets against Saudi Arabia
Kuwait arrested an opposition activist on suspicion of insulting Saudi Arabia on his Twitter account, the state news agency KUNA reported, extending a crackdown on social media.
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Saudi street art celebrations take over Jeddah
"Almost half are actually women. They're girls who sort of like dress up as boys and go out at night, spray their work with maybe one or two friends to keep a watch."
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