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US-Saudi Military Relations Expected To Persist Under King Salman
Saudi Arabia is expected to spend more than $56 billion on defense in 2015, according to data compiled by the firm Avascent. Of that, the kingdom is expected to spend nearly $17 billion on new weapons.
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State of the Union: Obama heralds end of wars, even as troops return to Mideast
“Instead of getting dragged into another ground war in the Middle East, we are leading a broad coalition, including Arab nations, to degrade and ultimately destroy this terrorist group.” President Obama heralded the end of the two “long and costly wars” that he inherited, even as he sends U.S. troops to fight new battles in the Middle East.
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Opening up: is Saudi Arabia’s stock market ready for an upgrade?
It is a statement about the way those markets have started to develop,” said Alexander Matturri, CEO of S&P Dow Jones Indices, in an exclusive interview with Gulf Business.
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Opinion: Libya spirals downward as the West looks the other way
The sprawling but sparsely populated country of 7 million is now split between two governments, parliaments and armies, one based in the eastern city of Tobruk and the other in the capital, Tripoli. While Syria’s war is fought along the Arab world’s Sunni-Shiite divide, in Libya the contest pits the region’s secular Sunnis against Islamists (along with minority Berbers). Since that same divide dominates the politics of Egypt, Tunisia, the Palestinian territories and much of the rest of the Maghreb, outside powers have predictably picked sides: Egypt and the United Arab Emirates back the secular forces in the east, while Turkey, Qatar and Sudan support the Islamist Libya Dawn in the west.
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Saudi embassy in Baghdad to reopen in two months: Iraq deputy PM
The Saudi embassy in Baghdad will reopen in two months’ time, Iraq’s Deputy Prime Minister Baha Araji told Asharq Al-Awsat on Saturday.
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Israeli Elections: Tell Me Who Your Friends Are
It is, once again, the time for political jockeying in Israel. With 10 weeks to go before the general elections, parties across the political spectrum are now in full swing negotiations to form their candidate lists.[*] Ideology is part of the story (in fact, and despite widespread cynicism, Israeli politics are relatively issue-based), but personal rivalries and machinations make for an excellent—though high-stakes—soap opera.
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In annual year-end letter to employees, Saudi Aramco says it is ‘focused on long-term strategic vision’
Saudi Aramco’s CEO Khalid Al-Falih has said that 2014 was a year of accomplishments for his company.
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United Arab Emirates Shows Off Its Military Might
Anthony Zinni, a former commander of all U.S. forces in the Middle East, says: "They want recognition for how much more they've committed than other allies. They've gone the extra mile. Some of our allies hedge their bets. The UAE is fully supportive." UAE leaders seemed determined to make both points — that it is a moderate, open society and that it has daring fighters — with the story of Maj. Mariam Al Mansouri.
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Iran sees failure of US sanctions in Cuba decision
After 18 months of secret negotiations, US President Barack Obama ordered the restoration of full diplomatic ties between the United States and Cuba on Dec. 17, ending half-century-old US policy. Iranian officials and media outlets are painting the change in US policy as an acknowledgement that the US sanctions have not been effective in changing Cuba’s positions. Though there are major differences between US-Iran and US-Cuba relations, both Iran and Cuba, after experiencing revolutions, expelled all American influence from their country while changing the balance of power in their regions and facing severe US pressure and sanctions.
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Tunisia just had two clean elections—but it could be headed for another Arab Spring
Yet no party has well-defined policies to fix the continued economic stagnation. “There’s been enormous change in Tunisia when it comes to the political process. When it comes to the economy, though, not much has changed,” Antonio Nucifora, former lead economist for Tunisia at the World Bank, tells Quartz.
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