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Saudi investors remain optimistic amid oil volatility
While oil prices have won support in recent weeks on a decline in operating US oil rigs and as energy giants cut investment, markets-watchers say volatility is likely to continue for some time.
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Saudi Arabia’s looming diabetes disaster
“Unhealthy lifestyles start at a young age in the Gulf and people reap the consequences early in life,” says Soofi. Of those studied, the researcher found out that 25% had diabetes, 34% hypertension, 25% were smokers, 27% were obese, 86% were not involved in any physical activity and 19% had dyslipidemia, an abnormal level of lipids in the blood.
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Expert: 90% Saudi SMEs fail in first year due to lack of planning
Ninety percent of Saudi small and medium enterprises (SMEs) are prone to fail in their first year due to the absence of durable planning and reluctance of their owners to make feasibility studies, local media said quoting an economic expert.
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US shale oil’s crash diet likely to bring forward output dip
The rig fleet alone is not the best predictor of output because well lengths and the frequency of fracks along a well have been rising rapidly to boost output. However, in the past few weeks companies have also started to refrain from fracking wells to bring them online, so-called completion, which normally accounts for 60 percent of a well's total cost.
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High-level U.S. and Iran nuclear talks resume
High-level nuclear negotiations between the United States and Iran resumed in Geneva on Monday as both sides work through technical and political differences to come up with an initial deal by a March 31 deadline.
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Peace Prospects Fade as Libya Chaos Deepens
But analysts warned of dire consequences of sending soldiers into a country awash with weapons. "It would be very hard to know who to fight and who to support," said Gabriele Iacovino, a analyst coordinator at the International Study Center in Rome. "And peacekeepers would be the perfect target for ISIS." The US, Britain, France, Germany, Italy and Spain appeared to agree, issuing a joint statement on Feb 17 that a UN effort to get militias to form a unity government was the "best hope" for peace.
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Mideast Strife Fuels Land Warfare Market
Concerns about the Islamic State group, Iran's growing influence and Yemen's upheaval are boosting the regional defense market's land sector ahead of the massive International Defense Exhibition (IDEX) in Abu Dhabi, analysts said.
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Yemen’s Hadi seeks to resume duties as president
Yemen's president sought to resume his duties as head of state on Sunday, holding his first public engagement with state officials since he fled house arrest in Sanaa by the Houthi group that dominates the northern half of the country.
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Turkey relocates historic tomb in Syria over jihadist threat
Turkey has evacuated its military personnel protecting the Tomb of Süleyman Şah in northern Syria as well as the artifacts in the mausoleum in an operation jointly conducted by the intelligence organization and the Turkish army, a few days after reports suggested that the tomb was besieged by jihadists belonging to the Islamic State of Iraq and the Levant (ISIL).
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Defense Secretary Carter Arrives in Afghanistan Seeking ‘Lasting Result’
Newly-minted Defense Secretary Ash Carter arrived here to visit American troops and meet with top Afghan and U.S. officials amid the likelihood that President Barack Obama’s plans to drawdown forces here would soon be revisited.
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