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MUST-READS
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Yemen in CrisisAn American Hostage in an Unraveling Yemen
The Houthis, who comprise 30 percent of Yemen's population, present an entirely separate problem from the al-Qaeda insurgency. On Thursday, Reuters reported that Saudi Arabia had suspended most of its financial aid to Yemen as an ineffectual power-sharing deal with the Houthis has raised alarms with the Saudis. The United States, which also seeks to check Iran's influence in the region, can't be happy either.
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ISIS FundingIslamic State: The Business of the Caliph
The "Islamic State" terrorist group wants to present itself as a state but is little more than a mafia regime. It may be rich but the "caliphate" is in a state of crisis, as an investigation in seven countries shows.
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Global Oil MarketsSaudi Arabia sees oil price stabilizing at $60
Arabia, OPEC's largest oil producer, expects to see the price of oil stabilize at around $60 per barrel. The price of benchmark Brent crude oil is currently hovering at around $70 per barrel, and Saudi Arabia's new attitude, expressed by those familiar with the situation, suggests cuts in production should not be expected soon.
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Sectarian DialogueOpinion: Combating racism and sectarianism in Saudi Arabia
There is a need to encourage a transparent debate that can eliminate misconceptions and counter the rhetoric of radical organizations. The present approach has failed to help Muslim youth abandon their violence and militancy. It is time we explore different approaches that are more effective and can change the hearts and minds of the misguided and misinformed among us.
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U.S. Agricultural Exports to Saudi ArabiaSaudi Arabia: Food and Agriculture Exporter Guide
U.S. food and agricultural product exports to Saudi Arabia reached a record-high level of $1.425 billion in FY 2014, an increase of 24 percent over the previous year. In January 2014, Saudi Arabia implemented new requirements for a mandatory pre-registration and electronic customs clearance for all imported food and feed products. Recently, Saudi food regulatory authorities have begun a stricter enforcement of food import regulations and procedures, particularly those related to labeling requirements and the maximum allowable limits for food additives, which they have been lenient in enforcing in past years. Food packages which contain logos that may imply religious connotation, such as the trade symbols for Kosher food, have been rejected. This Exporter Guide updates the Saudi regulations and customs clearance procedures for importing food products and highlights issues that U.S. exporters must be aware of when exporting food products to the Saudi market.
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Iraq and ISIn fight against IS, Iraqi PM sacks 24 officials
Iraq's prime minister said Monday he retired 24 officials from the Interior Ministry as part of efforts to restructure the country's security apparatus and remove those who failed to confront the crisis caused by the Islamic State group's onslaught. Haider al-Abadi's announcement came as the Sunni extremist group attacked a police checkpoint near Iraq's border with Syria, killing at least 15 Iraqi policemen in an assault that underscored the depth of the country's turmoil.
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Global Oil MarketsAnalysis: Output Forecast To 2020 Will Make Saudi Arabia Very Happy
The Saudis have been remarkably open and consistent about their position. For ten-years, they have been telling anyone and everyone who would listen what they think is the correct price of oil; that (NYSE:A)) their customers can afford and (B) provides a reasonable incentive for bringing-on new oil to replace what got pumped.
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TelecomSaudi telco Mobily says seeks arbitration on money owed by Zain Saudi
Saudi Arabia's second-biggest telecom operator Mobily has asked for arbitration about money it claims it is owed by smaller rival Zain Saudi , Mobily said on Tuesday.
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Israel and the MediaOpinion: What the Media Gets Wrong About Israel
Anyone who has traveled abroad understands that arriving in a new country is daunting, and it is far more so when you are expected to show immediate expertise. I experienced this myself in 2008, when the AP sent me to cover the Russian invasion of Georgia and I found myself 24 hours later riding in a convoy of Russian military vehicles. I had to admit that not only did I not know Georgian, Russian, or any of the relevant history, but I did not know which way was north, and generally had no business being there. For a reporter in a situation like the one I just described, the solution is to stay close to more knowledgeable colleagues and hew to the common wisdom.
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Alwaleed Bin TalalPrince Alwaleed set for full takeover of iconic New York Plaza hotel
Prince Alwaleed currently owns 25 percent of the US landmark hotel but Indian businessman Subrata Roy is looking to sell his 75 percent stake in order to raise funds to pay his £1 billion bail to get out of jail as part of fraud allegations in India.
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