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PetrochemicalsSaudi-Dow Chemical $20 Billion Chemical Plant Going Ahead
Middle Eastern petrochemical plants, which use natural gas, are becoming less competitive than plants that use oil after crude prices declined, Sharma said. Chemical prices are also falling because of lower oil prices, he said. Sadara will be the first plant in the Middle East to use naphtha, a refined oil product, Al Hamid said.
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IT MarketResearch and Markets: IT Market in Saudi Arabia 2015-2019: Key Vendors are HP, IBM, Microsoft & Oracle | Business Wire | Rock Hill Herald Online
One major trend in the market is the implementation of e-government services to enhance the public experience. E-government initiatives help to increase operational efficiency and accelerate growth.
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Anti-ISIS CoalitionSaudi Arabia to host crucial anti-IS meeting
Saudi Arabia will host a high-powered meeting of the defense chiefs of the anti-Islamic State coalition here on Wednesday. The meeting, to be attended by military chiefs, group commanders and chiefs of staff from the 22 countries in the US-led coalition, will discuss ways and means to combat the IS, possibly deploy troops and expand attacks on IS targets across the region.
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The Middle East and ChinaThe Middle East and China
China remains cautious about the Middle East even as an energy source. West Asia and North Africa have received much less Chinese investment than their energy resources would justify. The relatively low level of Chinese commitment is, in part, a reflection of the fact that national oil companies like Saudi Aramco (from which China buys a fifth of all the oil it imports) have no need of foreign partners and offer them no significant openings to invest except in refineries dedicated to importing their oil. Africa and South America have proven both more hospitable and easier for Chinese companies to understand. But China’s attention deficit when it comes to the Middle East also reflects misgivings about the region.
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Energy DrinksWork hard, play hard: Tough Saudi Arabia energy drink market could reap rewards
The biggest challenges for Western energy drink manufacturers are coping with marketing bans, and ensuring ingredients are halal, Sherif added.
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U.S. Anti-ISIS StrategyOpinion: The Growing Danger of Mission Creep against the Islamic State
The shield between 400 American trainers and IS forces is composed of Iraqi police and troops, both with an iffy track record against determined IS assaults. The fall of the nearby town of al-Baghdadi and a direct IS assault on al-Asad late last week were hardly surprising given the isolation of these somewhat weakly held locales.
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ExtremismOpinion: Five myths about violent extremism
Nor does the answer lie in the realm of faith. Many volunteers for terrorist groups have little knowledge of religion. Indeed, their lack of religious knowledge makes them easy prey for recruiters who don the mantle of religious authority. The two British Muslims who bought “Islam for Dummies” before heading to Syria are more the rule than the exception.
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U.S. - IsraelOpinion: A perfect storm brews in the Middle East
An initial report Sunday by Israel’s Channel 2 news that the administration had cut all communications with Israel about the Iran talks was denied by White House spokesman Alistair Baskey. Sources here said that Philip Gordon, the Middle East director for President Obama’s National Security Council, would see Israeli national security adviser Yossi Cohen and other senior officials on Monday. The discussion would include Iran policy, but U.S. officials aren’t likely to share the latest information about U.S. strategy in the talks.
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U.S.-AfghanistanOpinion: Why did we fail in the Afghan war? Because we didn’t understand the place
What began as a punitive expedition became instead an enterprise to remodel Afghanistan into something safe to us, but entirely foreign to Afghans.
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Market BrokersAlJazira Capital top brokerage firm in the Kingdom for 2014
AlJazira Capital ranked first among 30 brokerage firms in the Saudi capital market in 2014, by acquiring 17.29 percent of the total number of trades in the market. The total traded value of AlJazira Capital reached SR742,425 billion in 2014, representing almost a 50 percent increase from the SR494,645 billion traded in 2013.
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