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Lebanon’s Hezbollah acknowledges battling the Islamic State in Iraq
The leader of Lebanon’s Hezbollah movement acknowledged for the first time Monday that the Shiite militia has sent fighters to Iraq, and he urged Arab states throughout the region to set aside sectarian rivalries to confront the threat posed by the Islamic State.
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Oil continues rally
Oil markets opened stronger on Tuesday, continuing a rally that has seen Brent crude futures soar 8% since mid-January, yet analysts are increasingly saying that price rises have been overblown and are due a downward correction.
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As war rages in the north, southern Iraq makes a bid for autonomy
The historic canals that earned this city its nickname of the Venice of the Middle East are clogged with trash. In some neighborhoods, the garbage is piled so high it blocks streets.
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Pakistan police targeted in deadly Lahore blast
Explosion kills at least five people outside a shopping plaza near Lahore's police headquarters, officials say.
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4 Saudi crew members killed in military chopper crash
Four crew members of a military helicopter were killed when the aircraft crashed during a night training exercise along the Kingdom's borders with Iraq and Kuwait, the Ministry of Defense said on Tuesday.
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Why King Salman broke royal protocol
The recent visit to Riyadh of Sheikh Mohammed bin Zayed Al-Nahyan, the crown prince of Abu Dhabi, with the gesture of Custodian of the Two Holy Mosques King Salman to receive his guest at the airport, is a clear indication that strategic relations have now been taken to a new level, opening up a new chapter in inter-Arab ties.
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Saudi Arabia plans biometric tender for education system
The Ministry of Education plans to divide the project into three stages: Firstly, the system will be deployed in ministry headquarters, then education offices and finally all boys and girls schools. The ministry plans complete the application of the first stage of the system within one year, the second within three months and the final stage in another six months.
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Saudi aviation authority deflects blame for delay in new airlines
The awarding of domestic licences to the foreign airlines last year was an unprecedented move to help the kingdom cope with surging demand for domestic travel. There are presently only two Saudi airlines operating within the kingdom and both are struggling to withstand government-set ticket costs that have barely been increased for decades.
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Inside a Saudi Arabian Oil Giant’s American Oasis
Dhahran is a 22.5 square-mile gated compound built for the American expatriate workers of Aramco, the biggest oil company in the world. Now owned by the Saudi state, Aramco was originally founded in 1933 as a U.S.-Saudi joint venture.
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UAE, Saudi Arabia Control 74% Of GCC’s Private Wealth
Most of the GCC region’s private wealth (74 per cent) is controlled by affluent individuals in Saudi Arabia and the UAE, according to a new study by Strategy&, formerly Booz & Company. The study estimated that there are nearly 1.6 million wealthy households in the GCC, with total investable assets worth $2.2 trillion. Out of these, around 44 per cent of wealth resided in Saudi Arabia while 30 per cent resided in the UAE, as of 2013.
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