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UAE, Saudi hotels post contrasting results in November
While Saudi Arabian hotels registered a 12.6 percent increase in occupancy last month to 54.1 percent compared to November 2013, hotels in the UAE saw occupancy rates fall by 2.5 percent to 83.1 percent.
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Non-Saudi wives issued permanent residence permits
The decision will also give permanent iqamas to foreign mothers of Saudi children, with the state bearing the license fees.
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Declining oil prices: OPEC vs. (future) Shale?
First, let us dispense with the Russia/Iran squeeze play story. Theories are rife about a Saudi squeeze play on Iran, a country with far less cash reserves than the UAE, Kuwait, or Saudi Arabia. Iran, the theory goes, will face far more difficulty with the declining oil price than Arab members of OPEC. That’s why Saudi Arabia chose not to “defend” the price through cuts in production, the theory goes.
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Exclusive: Iran hackers may target U.S. energy, defense firms, FBI warns
The Federal Bureau of Investigation has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential agency document.
- The Origins of Turkey’s Buffer Zone in Syria
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Saudi Arabia’s massive economic-diversification experiment
KAEC was launched in 2005, ground to a halt during the financial crisis, when its future came into doubt, and is now building momentum again. It is no more than 10 per cent built, but already its basic outline and components are visible. It is located about 100 kilometres north of Jeddah, the country’s commercial capital, and smack in the middle of the Red Sea shipping route that, through the Suez Canal, connects Asia to the Mediterranean and Europe. KAEC will eventually be home to two million residents.
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Washington to Play Bigger Role in Yemen Terror Fight
The United States is continuing airstrikes against al Qaeda’s branch in Yemen while facing questions about how to carry on such operations without a trusted partner on the ground following the collapse of the country’s fragile, pro-Western government.
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Saudis Prepare to Lay King Abdullah to Rest
Salman was to lead prayers at the funeral service for the late king. Abdullah's body, enrobed in white and covered with a simple white cloth, was brought to the Imam Turki Bin Abdullah Grand Mosque in Riyadh and will be buried in an unmarked grave at Al Oud cemetery.
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US should stop Syria not ISIS: Saudi Prince
U.S. policymakers should concentrate on eliminating the threat posed by Syrian President Bashar al-Assad instead of Islamic State militants in Iraq and Syria, according to an influential member of the Saudi Arabian royal family.
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Suspected terrorist cells raided as Europe moves against threat
European security forces moved against suspected radical jihadists in two countries Thursday in the latest sign that last week’s Charlie Hebdo terrorist attacks have galvanized action against what officials for months have called a rising threat.
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