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German, Saudi, and Turkish Islamic State fighters launch complex suicide attack
The Islamic State has claimed a deadly, complex suicide attack in a town north of Baqubah in Iraq's Diyala province that killed at least 25 people. The suicide attack in Diyala took place today in the town of Qara Qubah, and targeted a government complex. Reuters reported that the attack was executed using three car bombs driven by suicide bombers, and 25 people, including civilians and troops, were killed and more than 60 were wounded.
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Opinion: Let’s be honest, Islam has a problem right now
I know the arguments against speaking of Islam as violent and reactionary. It has a following of 1.6 billion people. Places such as Indonesia and India have hundreds of millions of Muslims who don’t fit these caricatures. That’s why Maher and Harris are guilty of gross generalizations. But let’s be honest. Islam has a problem today. The places that have trouble accommodating themselves to the modern world are disproportionately Muslim.
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Citi: Future Opportunities, Future Shocks
"Twenty years ago, there were fewer than 3 million people with Internet access; now there are nearly 2.5 billion. Mice can grow human ears. Robots make cars. Guns can be manufactured with a 3-D printer," Citi's Andrew Pitt writes.
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Why should you venture into e-commerce in the Arab region? [Infographic]
In an attempt to get more entrepreneurs enthused about starting online businesses, and helping them see why the Middle East is a good space for e-commerce, the Saudi based payment gateway, Paytabs, published last week an infographic listing the three top reasons for supprting their argument. "Our aim is to inform people about the ecommerce market in the Middle East, as it is the fastest growing in the world," says Umair Maqsood, strategic Marketing Associate at Paytabs. "We want people to do business online and get a chunk of the $15 billion."
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Privately, Saudis Tell Oil Market: Get Used To Lower Prices
Until recently, Gulf OPEC members have been saying that the price dip was a temporary phenomenon, betting on seasonal demand in winter to prop up prices. But a growing number of oil analysts now see the latest slide as something more than a seasonal downswing; some say it is the start of a pivotal shift to a prolonged period of relative abundance. Rather than fight the decline in prices and cede market share in the face of growing competition, Saudi Arabia appears to be preparing traders for a sea change in prices.
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Progress Makes Me Happy! Video
A few years ago I couldn't have imagined the excitement I feel now when I see women actually working in the malls and other businesses. People now seem much more relaxed, much more open.
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Saudi King Gets New Neighbors as Morocco Evades Regional Turmoil
The $346 million plan by Jeddah-based Saudi Binladin Group will turn 250 hectares of former local-authority land into homes for 150,000 people, hospitals and an artificial lake.
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Iran president: Differences remain on nuclear deal
The Iranian president has acknowledged that Tehran and world powers agree on the principles of a final deal on Iran’s nuclear program but that differences remain on the “details” that still need to be negotiated. The remarks by President Hassan Rouhani came as the two sides face a Nov. 24 deadline in ongoing nuclear negotiations to reach a comprehensive deal that would prevent Iran from making an atomic weapon while at the same time easing economic sanctions on Tehran for curbs on its nuclear program.
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Can Saudis beat North Dakota in an oil price war?
Comments by Saudi officials indicate they continue to believe shale oil requires a price of $90 a barrel to be profitable, the analysts noted. While the Saudis think this represents a new floor for oil prices, the floor is actually falling as shale-oil production technology continues to improve, Citi said. (It costs just a few dollars a barrel to extract Saudi Arabian oil, but the International Monetary Fund in September estimated that the “breakeven” price required to balance the country’s budget rose to $89 a barrel in 2013 from $78 in 2012.)
- WSJ - Oil Markets Fly Into a Perfect Storm
- Daily Mail - In oil price war, Saudi's biggest rival is next door
- Wall Street Journal - Iran Slashes Oil Prices to Asia Following Saudi Cut
- Al Arabiya - Brent falls near four-year lows as rout extends
- Bloomberg - Saudi Arabia Oil-Price Cuts Said to Be Aimed at Aiding Refiners
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AQAP eulogizes fighter killed in attack on Saudi border crossing
The AQAP eulogy also indicated that al Omari was particularly incensed by Saudi Arabia's imprisonment of Hayla Quseir, as well as the "kidnapping" of May al Talaq and Amina al Rashed, among others. Hayla Quseir, also known as Umm al Ribab, was has been described as "the most dangerous woman in al Qaeda." She is said to have been involved in recruiting Saudi women to al Qaeda as well as financing the terrorist group and laundering money on its behalf. She was apparently so significant to the organization that upon her arrest by Saudi authorities in 2010, al Qaeda in the Arabian Peninusla's deputy emir, Sa'id al Shihri, promised to take revenge on the Saudi regime for her detention.
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