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  • Libya
    Second air strike hits airport in Libya’s capital

    An air strike hit the last functioning commercial airport in Libya's capital Tripoli for a second day running on Tuesday, residents said, as a power struggle in the oil-rich nation intensified. Three years after the downfall of Muammar Gaddafi, Libya is being lacerated by rival factions, one of which has set up an alternative administration in Tripoli after seizing the city in fighting during the summer.

  • Space
    German satellite crashes in Saudi: report

    A German satellite which was put in orbit by a Russian rocket in 2008 has crashed in Saudi Arabia but there were no reports of any damage.

  • Oil
    Saudis unlikely to cut oil production, Analyst Says

    Oil prices are bottoming, and Saudi Arabia is unlikely to heed Iran's request for a cut in oil production when OPEC meets Thursday, analyst Stephen Schork told CNBC on Monday.

  • Iranian Football
    The real news in Iran: Tehran’s big soccer game

    On Sunday, millions of Iranians -- perhaps even as much as one-quarter of the country's population -- will tune in to watch the soccer match between Persepolis and Esteghlal, the country's two biggest clubs. Both are based in Tehran, and the city's main Azadi Stadium will be packed to its 80,000 capacity, divided between the red of Persepolis and the blue of Esteghlal.

  • Jihadist Training Camps
    More jihadist training camps identified in Iraq and Syria

    Four new terrorist training camps in Iraq and Syria, three of them operated by the Islamic State, have been identified by The Long War Journal. The identification of these camps, three in Syria and one in Iraq, brings the total number of jihadist-run camps identified in the two countries to 46.

  • Malware
    Russia, Saudi Arabia ‘main targets of new Stuxnet malware’

    The largest number of infections discovered -- 28 percent -- was in Russia, and Saudi Arabia was second with 24 percent. Other countries where the malware was found included Mexico, Ireland, India, Afghanistan, Iran, Belgium, Austria and Pakistan. There were no reported infections in the United States.

  • Miteb Bin Abdullah U.S. Visit
    Taking Saudi-US ties to new levels

    Prince Miteb bin Abdullah’s visit to the United States is talk of the town these days. The visit of the minister of Saudi National Guard was very much anticipated due to the current geopolitical developments in the region.

  • GCC Petrochemicals
    GCC Petrochemical Revenues Reach $89.4bn In 2013

    “2013 marked a turning point for the worldwide chemicals industry, signalling a return from the global economic downturn,” said Abdulwahab Al- Sadoun, secretary general, GPCA. “And as the region with the second highest rate of sales growth, the GCC has demonstrated that its petrochemicals industry can compete with sector leaders.”

  • Global Oil Markets
    Oil 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.

  • Dow in Kuwait
    Dow 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…”