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MUST-READS
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US Crash Kills Saudi Student, Her 3 children; Another Scholarship Student in Chicago Murdered
A Saudi student and her three children were killed in a road accident in the state of Illinois in the United States on Tuesday.
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Wire Photos from Saudi Arabia’s Military Exercise on Northern Border
Wire photographs demonstrate the scope of the exercise, which has involved helicopters, armored vehicles, explosions and role players pretending to be militants.
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Official: 2 suspects in Tunisia museum attack got weapons training in Libya
In an audio message posted online Thursday, terror group ISIS claimed responsibility for the attack. It identified two men and applauded them for killing and wounding "crusaders and apostates" with "automatic weapons and hand grenades."
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46 Killed, 100 Injured in Suicide Attacks on 2 Yemen Mosques
Triple suicide bombers hit a pair of mosques crowded with worshippers in the Yemeni capital, Sanaa, on Friday, killing 46 and injuring 100 others, according to medical officials. The attackers targeted mosques controlled by Shiite rebels.
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Iraqis Have High Hopes for New Prime Minister
Nearly three-quarters of Iraqis (72%) approved of their new prime minister, Haider al-Abadi a few months after he took office in late 2014, substantially higher than the 50% approval rating former Prime Minister Nouri al-Maliki received the previous May. Abadi's approval ratings were sharply higher than Maliki's had been in Kurdish- and Sunni-dominated regions of Iraq, a positive sign for those who are looking to his leadership to help bridge the country's ethnic and sectarian divides.
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Discovering Business | Petrochemical Opportunities
Three new refineries, each able to process 400,000 bpd of mainly heavy crude, could consume 10% of the Kingdom’s current officially declared production capacity of 12.5 million bpd when they are all fully operational in 2017.
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Saudi Arabia to stop visas for Swedish citizens amid human rights row
Saudi Arabia will no longer issue business visas to Swedes or renew the current visas of Swedish nationals living in the country, a senior Saudi official told the Associated Press on Thursday.
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The Algosaibi affair: A Saudi saga
THOUGH little noticed by the international media, it was one of the largest corporate collapses of the credit crunch and the messiest of the numerous debt crises to afflict family conglomerates in the Middle East. More than 100 banks worldwide have altogether been contemplating losses of several billion dollars since Ahmad Hamad Algosaibi & Brothers Company (AHAB) defaulted in 2009. A tangle of resulting claims and counter-claims is being litigated in Saudi Arabia, Bahrain, America, Britain, Switzerland and the Cayman Islands. One seasoned investor, asked if he has ever been involved in a corporate failure more challenging than this, replies drily: “Yes, I had one on Mars.”
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Saudi Aramco turns to PV to ‘displace hydrocarbons’ from electricity generation
The project is a part of a bigger program to see Saudi Aramco reduce its energy consumption at its “nonindustrial buildings” by 35% by 2020. LED lighting and new standards for thermal insulation are also a part of the scheme.
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Rain leaves Saudi capital swamped
It has been raining in the Saudi capital of Riyadh since Wednesday evening, leaving the city’s streets swamped with puddles of water.
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