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  • Fraud
    SR800m fraud: Saudi con men ‘on the run’

    The investor had signed contracts with them related to bogus investments in several projects in Riyadh, Makkah and Madinah, most notably the Riyadh metro project and equipment rental firms.

  • Saudi - Qatar
    Saudi king and Qatar emir strengthen ties

    Saudi Arabia's King Salman held talks in Riyadh Tuesday with Qatar's emir, in what an analyst sees as part of a regional effort to strengthen ties against the Islamic State (IS) group. Qatar's Sheikh Tamim bin Hamad al-Thani is the latest Gulf leader to visit Riyadh this week, after Abu Dhabi Crown Prince Mohamed bin Zayed al-Nahyan and Sheikh Sabah al-Ahmad al-Sabah, the emir of Kuwait.

  • Saudi Oil Exports
    Saudi Arabia’s Oil Exports Fell in 2014 in ‘Tough Year’

    Shipments averaged 7.11 million barrels a day, down from an 11-year high of 7.54 million barrels a day in 2013 and the lowest in three years, according to data from the Joint Organisations Data Initiative. December exports were below 7 million barrels, the level needed to balance the Saudi budget. Shipments were below 7 million for most of 2014, the data show.

  • ISIS Strategy
    Why does ISIS keep making enemies?

    We live in an increasingly secularized world, so it's sometimes difficult to take seriously the deeply held religious beliefs of others. For many of us the idea that the end of times will come with a battle between "Rome" and Islam at the obscure Syrian town of Dabiq is as absurd as the belief that the Mayans had that their human sacrifices could influence future events. But for ISIS, the Dabiq prophecy is deadly serious. Members of ISIS believe that they are the vanguard fighting a religious war, which Allah has determined will be won by the forces of true Islam.

  • Afghanistan
    Kabul is losing control of Afghan countryside, EU report states

    Afghanistan's government is losing control of its territory outside major population centres to the country's insurgent groups, says the EU's asylum agency. "The overall trend is one of decreasing government control outside the larger towns and cities, escalating violence and more insurgent attacks," observed the European Asylum Support Office (EASO).

  • Iran Negotiations
    Good or bad Iran nuke deal? Israel vs. the US administration

    The main dispute is over the size and potency of Iran's uranium enrichment program, which can make both reactor fuel and the fissile core of a weapon. The U.S., along with Russia, China, Britain, France and Germany, came to the table demanding that Tehran dismantle 80 to 90 percent of the nearly 10,000 centrifuges now turning out enriched uranium along with all of the 8,000 or so other machines set up but not working. But faced with Iranian resistance, diplomats now say the U.S. is prepared to accept 4,500 operating centrifuges — perhaps more — if Tehran agrees to constraints on their efficiency.

  • Israeli Politics
    Binyamin Netanyahu faces damning expenses accusations ahead of elections

    A damning official report into spending by the Israeli prime minister, Binyamin Netanyahu, at his official residence in Jerusalem and private seaside home has accused him of excessive and improper use of public funds, including spending huge amounts on takeaway food, hairdressing and cleaning..

  • ISIS in Iraq
    Kurdish forces repel ISIS offensive near Irbil

    ISIS launched the major assault from several directions Tuesday night near the towns of Gwer and Makhmour. The towns are about 45 kilometers (28 miles) from Irbil, the Kurdish capital.

  • U.S. - Turkey
    Syria conflict: US and Turkey near Syrian rebels deal

    Turkey and the US have reached a tentative agreement to train and arm moderate Syrian opposition forces taking on Islamic State (IS) militants.

  • Global Oil Markets
    Opinion: Get Ready for $10 Oil

    Last month, Wood Mackenzie, an energy research organization, found that of 2,222 oil fields surveyed worldwide, only 1.6 percent would have negative cash flow at $40 a barrel. That suggests there won't be a lot of chickening out at $40. Keep in mind that the marginal cost for efficient U.S. shale-oil producers is about $10 to $20 a barrel in the Permian Basin in Texas and about the same for oil produced in the Persian Gulf.