MUST-READS

• Saudi-Lebanon
  Why Saudi Arabia is Picking Up Lebanon’s $3 Billion Weapons Tab

  French foreign affairs minister Laurent Fabius welcomed the agreement, which he said "reflects the exceptional quality of French-Saudi relations." But the complex arms-sharing ménage à trois involves more than just the three actors, with Iran and Syria also factoring into the equation.

• Expatriate Employment
  Booming Employment Opportunities in Saudi Arabia

  There are plenty of job opportunities available for expat job seekers in Saudi Arabia, provided you can show the required knowledge and expertise in any field such as construction, financial services, medicine, IT, baking, and health care.

• Libya
  Photo Essay: Libya’s Path to Civil War

  More than three years after the fall of strongman Muammar Qaddafi, Libya is in the midst of a bitter civil war. Political factions and armed groups fight for control of a country struggling with democracy, and state institutions barely function, particularly the army and police.

• Middle East: Defense Spending
  Mideast Budgets Cushioned From Oil Price Drops

  The compound annual growth rate of the region’s defense spending will grow about 3.48 percent from 2015-2019, according to a report by Nicole Auger, who covers Middle East defense spending for Forecast International. The figure for 2010-2014 was 8.45 percent, she said. Some of this decline is tied to the anticipated fall in oil prices, she said.

• Saudi - Jordan
  Jordan, Saudi kings in talks as they battle IS

  Jordan's King Abdullah II met his Saudi counterpart in Riyadh Sunday for talks as both nations participate in a US-led bombing campaign against Islamic State group extremists in Syria.

• Lima Climate Talks
  Saudi Arabia says zero carbon emission goal not realistic

  Setting a target of zero carbon emissions by 2050 is not “realistic,” Saudi Arabia’s chief negotiator at U.N. talks for a new, world climate pact said in Lima. “The zero-emissions concept — or let’s knock fossils fuels out of the picture without clear technology diffusion and solid international cooperation programs — does not help the process,” the Kingdom’s envoy, Khalid Abuleif, told journalists on the sidelines of the talks.

• Commercial Regulations
  Standing at 30% of GDP: Saudi Shoura takes on fight against ‘shadow’ economy

  The Shoura Council is currently debating a new law to fight tasattur or illegal business activities conducted by expatriates in the name of Saudis. The law is significant as the country’s shadow economy is estimated at nearly SR250 billion (66 billion USD) annually.

• Oil
  Saudi seen keeping January oil supply to Asia steady

  Saudi Arabia, the world’s top crude exporter, will keep supplies at full contracted volumes for Asian term buyers in January, industry sources said yesterday, the latest sign the kingdom is holding firm against falling prices caused by oversupply.

• E-Services
  Saudi Arabia: More e-services for drivers and insurers launched

  The new e-services are in additon to Saher, which is a traffic management system launched in 2010 with the aim of reducing traffic accidents. The system links hundreds of fixed and mobile cameras and radars situated on key intersections and main highways across Saudi Arabia’s main cities to a central database. If anyone speeds, jumps a red light or breaks the country’s traffic laws, Saher photographs the offender’s licence plate, uploads the picture to the country’s central vehicle registration database, and immediately issues a fine to the vehicle’s owner.

• Energy Services
  Saudi Aramco vet joins Halliburton board

  Halliburton has added 30-year Saudi Aramco veteran, Abdulaziz F. Al Khayyal to its board of directors, the company officially announced just weeks after its multi-billion dollar merger with rival Baker Hughes.

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