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The big drop: Riyadh’s oil gamble
“If the Saudis had cut they would have been the idiot at the party. They would have done what everyone wanted, but they would also have been the one that everyone else laughed at,” says one long-time Opec analyst. “Ultimately, Naimi has told the world the Saudis would not be the ones to mop up everyone else’s mess.”
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Analysis: Islamic State Sets Its Sights on Saudi Arabia
The Islamic State’s leader (and self-styled caliph) Abu Bakr al-Baghdadi singled out Saudi Arabia in an audio statement titled “Even if the Disbelievers Despise Such,” released by the group’s al-Furqan Media Foundation on November 13, 2014. In his statement, al-Baghdadi extolled what he describes as the purported expansion of the Islamic State to the “lands of al-Haramein” (two holy places) in addition to Yemen, Egypt, Libya and Algeria, through its acceptance of oaths of allegiance sworn by local militants to the self-styled caliphate.
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Saudis continue to opt for government jobs: Construction sector shows improvement
But the construction industry – the most labour intensive part of the private sector – has seen even better results under the Nitaqat system, with a 34% jump in the number of Saudis employed. Saudi workers now represent 10.3% of the construction workforce which is still some way off the 12% the government is targeting, and considerably short of the more ambitious targets set under phase three of the programme, due to be implemented in April 2015.
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MERS count rises in Saudi Arabia, Germany, Qatar
The late-winter stream of MERS cases in Saudi Arabia continued with seven more reported over the past 3 days, while Germany reported a case imported from the United Arab Emirates (UAE) and Qatar cited its second case of the year.
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Saudi Arabia and Argentina form R&D joint venture
Saudi Arabia is looking to nuclear power to help it meet growing demand for both electricity and desalination, with plans for the construction of as many as 16 reactors over the next 20 years. Smaller reactors, such as CAREM, are envisaged for use in desalination. The country has signed nuclear cooperation agreements with France, South Korea and China as well as Argentina.
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Why educating girls should be a priority for Arab states
As illustrated in the findings of the Arab World Learning Barometer, gender disparities are aggravated by wealth and location differences. In Yemen, less than 1 percent of wealthy, urban males suffer from extreme education poverty, compared with 86 percent of poor, rural females. Families living in poverty in rural areas in countries like Egypt and Yemen often choose to send their sons to school rather than their daughters, because they cannot afford the direct costs (e.g., tuition fees) or opportunity costs (e.g., lost family revenue) of sending their girls to school. Girls’ education is also still widely seen as providing lower rates of return on investment, because they are less likely to use their education to earn an income.
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Saudi Arabia edges up; Egypt rallies on property
Saudi Arabia's stock market edged up in early trade on Tuesday, although weak petrochemicals offset gains in other sectors. Egypt continued rising, supported by property stocks.
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Will Saudi Prince Alwaleed invest in Snapchat?
But the social media upstart apparently has no problem making its recent rendezvous with Saudi Prince Alwaleed Bin Talal something for the permanent record.
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Saudi Arabia to host Riyadh talks on Yemen crisis
Saudi Arabia said on Monday the Gulf Cooperation Council (GCC) had agreed to host talks in Riyadh to end the Yemen crisis, the state news agency SPA said, quoting a statement by the Saudi King's office, according to Reuters news agency.
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Saudi Girls Can Now Take PE Classes, But Not Everyone’s Happy
girls will now be allowed to take part in their own sports and exercise programs, a move that is opposed by some hardliners.
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