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MUST-READS
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The politics of Lebanon: The state that didn’t fail—yet
Lebanon is, like other Arab states, a sectarian patchwork. Its Sunnis share the fury of their Syrian co-religionists against the regime of President Bashar Assad; and its Shia share the fears of the minorities that support Syria’s government. Yet Lebanon did not fall into the abyss when Hizbullah, the Shia party-cum-militia, entered the war to prop up Mr Assad. It survived when Syria’s mainly Sunni rebels used northern Lebanon as a transit route for their arms. It has kept going despite the influx of more than 1m Syrian refugees, now a fifth of the total population.
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Why Houthi victories in Yemen make Saudi Arabia nervous
It’s the House of Saud’s worse nightmare come true. The stunning success of the Zaydi Houthi rebellion in Yemen places a Shiite group with connections to Iran on the soft underbelly of the Kingdom of Saudi Arabia, erasing years of Saudi efforts to stabilize Yemen and keep it in the Saudi orbit.
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U.S., E.U. hold grueling talks with Iran about its nuclear program
A grueling day of talks Wednesday between senior American, Iranian and European diplomats produced no breakthrough agreement on curbing Iran’s nuclear program, but officials said they still aim to reach a deal by the Nov. 24 deadline.
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3 ways bitcoin can make a difference for entrepreneurs in the Arab world
Paying, and getting paid, especially internationally, is a hassle in the Arab world. At best, entrepreneurs have to pay a fortune to wire money through their national bank system, or through PayPal (even though it's less expensive).
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Saudi student in UK held for terror connection
A Saudi citizen was among several terror suspects who were arrested by authorities on British soil for his involvement in potential terror plots.
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‘Determined not to make the same mistake again’: Facing new oil glut, Saudis avoid 1980s mistakes to halt price slide
While the latest 25 percent slide in oil prices to below $90 a barrel is so far modest compared with the 1980s slump that took crude from $35 to below $10, many observers see similarities in a global market that is on the brink of a pivotal turn from an era of scarcity to one of abundance
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Saudi Arabia leads the Mideast travel market, study says
According to the study, Saudi Arabia’s travel sector is also influenced by the ever-increasing number of seasonal travelers from across the globe during umrah and hajj. Apart from this, inflow of non-GCC nationals into Saudi Arabia is mostly restricted to business and family visits as there is no provision for tourism visas currently.
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Saudi Prince Alwaleed warns against oil prices slide
Saudi billionaire Prince Alwaleed bin Talal said the world's top oil exporter should start worrying about the recent slide in global oil prices and warned against the negative effect of such a drop on the state revenue.
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Saudi students in Turkey ‘lured to fight in conflict zones’
Brokers and smugglers in Turkey continue to target Saudi youth who arrive in the country and convince them to fight in areas of conflict, according to the local Saudi ambassador.
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U.S. taxpayers paid $486 million Italian planes for Afghan air fleet. DOD sold it for scrap.
The Defense Department spent $486 million to buy the fleet of 20 Italian-made G222 military transport planes for the Afghan Air Force, but the agency terminated the program in 2013 because of problems with performance, maintenance and spare parts that kept the aircraft grounded. The agency sold 16 of the planes as scrap for six cents per pound, recovering a tiny fraction of the price it paid for the them. Four of the aircraft remain intact at Ramstein Air Force Base in Germany.
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