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Iranians More Hopeful for Nuclear Deal
As negotiations continue between Iran and six major global powers about the future of the country's nuclear program, Iranians have more hope than they did in 2013 that both sides will eventually reach an agreement. When asked about their hopes for talks between Iran and the European Union, which was initially in the foreground of negotiations, 70% of Iranians are at least somewhat hopeful that an agreement will be reached, up from 58% in 2013.
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Brent set for largest monthly gain since 2009
A reduction in rig counts and expectations for better oil demand have helped Brent prices rise by around 15% so far this month from January's close of $52.99.
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Segregation in Saudi Arabia: No men allowed!
the secret-society feel of a British private members’ club mixed with the casual dress of a pyjama party. That is the atmosphere of Luthan Hotel and Spa, a women-only establishment in Riyadh, the austere Saudi capital.
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Iran Nuke Deal Could Help It Mend Fences With Saudi Arabia
After years of mutual mistrust and jockeying for regional power, Saudi Arabia and Iran may be on their way to mending fences, analysts say.
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Startups in Saudi Arabia get cold shoulder from banks
Hasan al-Hazmi knew he couldn’t depend on Saudi Arabian lenders when opening his business last year even with the kingdom’s drive to boost credit to small- and medium-sized companies. “Banks are not lending to any startups without providing annual financial statements audited by licensed entities in Saudi Arabia,” said Hazmi, co-founder of Riyadh-based Supply & Logistics Solutions that started operations last year providing storage and cargo services. “How would I be able to provide a bank with statements if I just started?”
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Saudi Deputy Crown Prince holds talks with David Cameron in UK
Saudi Arabia’s Deputy Crown Prince and Interior Minister Mohammed Bin Nayef held talks on Thursday with UK Prime Minister David Cameron in London.
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Saudis’ Oil Price War Is Paying Off
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working.
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Saudi man convicted in connection with 1998 bombings of US embassies
A Saudi man described by prosecutors as one of Osama bin Laden’s most trusted lieutenants was convicted in a federal court in New York on Thursday in connection with the 1998 bombings of US embassies in Kenya and Tanzania.
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Saudi ambassador moves to Aden from Houthi-controlled capital, Hadi aide says
Saudi Arabia's ambassador to Yemen is moving to the southern city of Aden, an aide to President Abd-Rabbu Mansour Hadi said on Thursday, in an apparent snub to the Shi'ite Houthi faction that has taken control of the capital Sanaa.
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Nations Racing to Overtake U.S. Lead in Drone Development
Over the past 15 years, U.S. defense contractors have pioneered the development of unmanned aircraft and have produced some of the most famous and widely-used drones on the market, but international companies are trying to strip away that technical advantage by building comparable systems.
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