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Tadawul OpeningEntry of foreign investors into Saudi Arabia’s stock market to awaken ‘sleeping giant’
It could be the investment landmark of 2015 in the GCC region.
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AfghanistanKabul was eerie and dangerous under the Taliban. It feels that way again.Kabul was eerie and dangerous under the Taliban. It feels that way again.
Many winters ago, I stood in a vast, empty intersection of central Kabul. The only sounds were the jingle of passing horse carts and the ticking spokes of old bicycles. There were no other Westerners on the streets, and all eyes were upon me. Despite being wrapped in many layers of modest clothing, I felt naked.
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Kingdom HoldingPrince Alwaleed’s Kingdom Holding Sells Mövenpick Hotel Bur Dubai
Kingdom Holding Investments (KHI), a subsidiary of Saudi Prince Alwaleed Bin Talal’s Kingdom Holding Company (KHC), has announced that it has sold its stake in the Mövenpick Hotel and Apartments Bur Dubai.
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GCCPrivate sector supports unified GCC expat hiring policy
The private sector supports efforts of the Gulf Cooperation Council (GCC) governments to develop a unified policy that would govern their contractual relationships with labor exporting countries including India, Indonesia and the Philippines, a leading official said here Monday.
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Saudi Cabinet ShuffleMinisters Take Pledge After Cabinet Shuffle
The Government of Saudi Arabia introduced nine new ministers appointed by King Abdullah in a Cabinet shuffle of various domestic affairs posts. This week the ministers pledged an oath of office in a ceremony in Riyadh. The “power” ministries — Interior, Foreign Affairs, Defense and National Guard — were unchanged.
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U.S. Public Opinion: Israel-PalestineWidening Democratic Party divisions on the Israeli-Palestinian issue
Among Democratic and independent respondents, 82 percent and 81 percent, respectively, think that the United States should either abstain from voting on the issue or vote in favor of endorsing the establishment of a Palestinian state, compared with 52 percent of Republicans who would favor these approaches. While 15 percent of Democrats and 16 percent of independents think the United States should vote against endorsing a Palestinian state (or even use its veto to prevent such an endorsement), nearly half of Republicans would favor this approach.
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Global Oil MarketsHow Countries Around The World Are Coping With Falling Oil Prices
Often in the past, OPEC has only agreed to production cuts after a few meetings and an increased sense of panic. It is certainly possible that the oil price will decline further and U.S. production will keep growing, and OPEC will have to take action.
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PetrochemicalsSABIC financial chief quits to head Saudi petchems firm
The chief financial officer of Saudi Basic Industries Corp (Sabic) said he has left the petrochemical company to become chief executive of National Industrialisation Co (Tasnee).
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U.S.-AfghanistanUS ends control of Afghan prison
The United States on Wednesday released the final three detainees from the Parwan Detention Center in Afghanistan, ending the U.S. operation of any prisons in the country after more than a decade of war, the Pentagon said.
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Women in Saudi ArabiaHow Women In Saudi Arabia Lived Under King Abdullah
Saudi Arabia has never been known as a progressive place for women to live — women there need permission from a male guardian to undergo certain medical procedures. But after the country’s ruler, King Abdullah bin Abdulaziz, died at 90 this week, one of the most powerful women in the world made a surprising remark about his legacy. Christine Lagarde, the head of the International Monetary Fund, said of the king, “In a very discreet way, he was a strong advocate of women.”
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