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Iran NegotiationsAs Iran talks resume, it’s time to play ‘Let’s Make a Deal’
Under the interim agreement reached last November, the parties agreed that Tehran could maintain an enrichment program based on its “practical needs.” Both sides base their positions on technical assessments of Iran’s needs yet strongly disagree on the amount of enriched uranium required to meet them. The problem here is essentially political.
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WaterSaudi utility to spend $80bn by 2025 to raise water production
State-run Saudi Saline Water Conversion Corp (SWCC) plans to invest SR300 billion ($80 billion) by 2025 to boost energy-intensive desalinated water production to 8.5 million cubic metres a day, the head of the utility said on Wednesday. SWCC, also Saudi Arabia's second largest power producer, now produces 3.6 million cubic metres per day of desalinated water, Abdulrahman Mohammed al-Ibrahim told reporters.
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Global Energy MarketsNew Patterns of Economic Relations and the Energy Order – Prince Abdulaziz bin Salman
In Asia alone, 525 million people can be considered as middle class – this is more than the total population of the EU. Indeed, one of the key dynamics shaping energy markets over the last three decades has been growing energy demand in non-OECD. Between 1990 and 2013, non-OECD increased its oil consumption from around 25 million b/d to almost 45.7 million b/d, i.e. an increase of more than 20 million b/d. During the same period, OECD demand increased only by 3.8 million b/d.
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Saudi-LebanonLebanese Army commander Kahwagi meets with Saudi ambassador over Army aid
The Lebanese Army commander discussed the pledged Saudi aid to the military with the kingdom’s ambassador to Lebanon Tuesday.
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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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