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Global Oil MarketsOil Price Seen Falling to $60 if OPEC Output Not Cut
“Herding behavior and a shift to net negative speculative positions should accelerate the price plunge,” he added. Fund managers are divided over whether OPEC will reach an agreement on cutting output. Bathe put the likelihood at no more than 50 percent.
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Dow in KuwaitDow Chemical CEO Says Not Quitting Kuwait, But Shifting Strategy
Asked about Dow’s strategy in Kuwait, Chief Executive Andrew Liveris, speaking on the sidelines of a conference in Dubai, said his company was “moving from doing commodities just for commodities sake, moving more downstream and Kuwait is more about commodities…”
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MobilySaudi Phone Company Mobily Suspends CEO After Auditing Errors; Selloff Wiped Out $5 Billion
Etihad Etisalat Co., (EEC) the Saudi Arabian phone operator known as Mobily, suspended its chief executive officer after auditing errors prompted a stock market sell-off that erased about $5 billion of its market value.
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Social MediaSaudi Arabia ‘intensifies Twitter crackdown’
Saudi authorities have stepped up their crackdown on online dissidents, Human Rights Watch said, alleging that prosecutors and judges use "vague law" to charge citizens for peaceful tweets and social media comments.
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Gulf CupGulf Cup semi-final: Saudi Arabia 3 UAE 2
Hosts Saudi Arabia will play Qatar in Wednesday’s Gulf Cup final after beating defending champions UAE 3-2 in Sunday’s semi-final at the King Fahd International Stadium.
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Saudi Higher EducationKSA universities ‘not aligned with jobs market’
The Kingdom’s higher education institutions are failing to produce graduates to meet the requirements of the country’s labor market, according to a senior academic at King Abdulaziz University (KAU).
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EgyptAl-Jazeera case: Egypt president says pardons ‘discussed’
Egyptian President Abdul Fattah al-Sisi says he is considering the possibility of granting pardons to two of the three Al-Jazeera journalists jailed in Egypt. "Let us say that this matter is being discussed to solve the issue," Mr Sisi said in an interview with France 24. The journalists are appealing against seven-year sentences given in June on charges including spreading false news.
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ErdoganWhy Turkey’s Erdogan still insists Muslims reached America before Columbus
This is clearly conjecture, and Sezgin's theories aren't widely shared by historians of cartography or backed by archaeological evidence. That doesn't mean he's totally wrong. As WorldViews discussed earlier, it's already established that Vikings reached the Americas centuries before Columbus's Spanish-sponsored expedition. And there are many reasons to believe that other pre-Columbian mariners also may have arrived at the continent's Atlantic and Pacific coasts — some of them, indeed, could very well have been Muslim.
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AQAPYemen’s AQAP says Houthis will pay for push into country
Al Qaeda in the Arabian Peninsula, reacting to the loss of its strongholds to Shi'ite Houthi fighters, has accused its opponents of acting as a proxy for the United States and thtreatened renewed violence against them.
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MERSSaudi Arabia tackles MERS virus, still hunting source
MERS was first identified in humans in 2012 and is caused by a coronavirus from the same viral family as the one that caused a deadly outbreak of SARS in China in 2003. Some 808 people in Saudi Arabia are known to have been infected with it since it was discovered, and 346 of them have died.
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