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Afghan TalibanSuicide car bomber kills three foreign troops in Afghan capital
A suicide car bomber killed three foreign troops and wounded 13 Afghan civilians in an attack on a convoy near the U.S. embassy in Kabul on Tuesday, the NATO-led coalition said, one of the worst attacks on international forces in the Afghan capital in months.
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Military ContractorsContractors Ready to Cash In On ISIS War
None of the five current and former contractors who spoke with The Daily Beast expected a replay of last decade’s Iraq war. But they all said a major opportunity was coming—both for them, and for Obama, who could use the private armies as a way to conceal just how many people will be fighting in this new conflict. “Iraq this time around is not going to be as big as it was before,” said Roger Carstens, a former special operations officer who has served as a contracted military adviser in Somalia and Afghanistan. “That said, this new war will present an opportunity for the companies that have a resident train and advising capability to contribute to this new effort.”
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Al-QaedaAl Qaeda denies decline, acknowledges ‘mistakes’ by its branches
Counter-terrorism experts say al Qaeda's aging leadership is struggling to compete for recruits with Islamic State, which has galvanized young followers, seized advanced weapons from Iraqi and Syrian forces while accruing a vast store of cash.
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LaborSmall retailers to face Saudi feminisation rules for the first time
Saudi Arabia’s feminisation program will be expanded to include some retail stores will fewer than five employees for the first time from October 25. Retailers selling women’s perfumes, maternity wear, abayas, shoes, bags, clothes and fabrics are to be included in what will be the third phase of the government’s plan to increase female employment.
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FinanceAluminum Bahrain Plans Listing on Saudi Arabia Exchange
Aluminium Bahrain, the second-largest aluminum smelter in the Middle East, is planning to cross-list its shares in Saudi Arabia, according to four people familiar with the matter.
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Social MediaWho’s the king of the GCC social media ring?
The UAE comes out on top with high Facebook and LinkedIn penetration rates, yet Saudi Arabia leads the region on most platforms, especially Twitter. According to the Arab Social Media Report published in May this year, Facebook usage in the Arab world has expanded to approximately 81 million users, while LinkedIn and Twitter user numbers have also grown to 8.5m and 6m, respectively.
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Saudi CharitiesSaudi Shoura okays draft law to regulate fund-raising
According to the law, only licensed agencies can collect donations. They will have to issue statement about their revenues and expenditure as well as about the volume of their collections in cash and kind. The law also contains rules and regulations with regard to launching a charity campaign.
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Global Oil MarketsOPEC Splits on Response to Falling Oil Prices
A split in response to falling oil prices emerged among members of the Organization of the Petroleum Exporting Countries after Saudi Arabia cut its oil production sharply last month while other leading members raised their output. Saudi Arabia, the cartel's kingpin, said Wednesday it had cut its crude production by about 400,000 barrels a day in August. An industry official said the drop was tied to lower exports to the kingdom's core Asian markets.
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LibyaIslamists in Libya’s Benghazi probably kidnapped 25 missing soldiers
Islamists militants in Libya have probably kidnapped up to 25 soldiers who are missing in the eastern city of Benghazi and killed five others, an army commander said on Wednesday, as the two sides battled over control of the airport.
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Unrest in YemenSaudi Arabia evacuates students from restive Yemen
The Saudi Higher Education Ministry has issued instructions to evacuate 60 Saudi students who are studying at the University of Science and Technology (UST) in Sanaa due to the country’s volatile security situation, reports said on Tuesday.
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