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  • Aerospace and Aviation
    Indonesian jets intercept Saudi aircraft

    Indonesian fighter planes on Monday intercepted a Saudi civilian plane for entering the country’s airspace without permit, news reports said.

  • Kingdom Tower Jeddah
    Work at world’s tallest tower picks up pace

    Earlier this year, JEC announced the arrival of the biggest and tallest custom-made cranes supplied by Germany’s Liebherr & WolffKran. The enormous yellow lifting devices, known as “climbing cranes,” are designed to accompany the Kingdom Tower’s growth both externally and internally, in the latter case utilizing any of the building’s 65 interior elevator shafts to make the climb. The Kingdom Tower will have 58 high-speed elevators and the world’s fastest double-decker elevators that travel at 12 meters a second. The elevators are designed to produce electricity while moving, which contributes to energy conservation and environment protection.

  • MERS
    WHO MERS update for Saudi Arabia

    Globally, WHO has been notified of 897 laboratory-confirmed cases of infection with MERS-CoV, including at least 325 related deaths.

  • Sports Venues
    Aramco gets bids for 11 stadiums

    The new stadiums each with a capacity to accommodate 45,000 spectators, will be built in much the same way the state-of-the-art King Abdullah Sports City located about 50 km from Jeddah was built. A pre-bid meeting was held with selected groups in Bahrain on September 26. The bidders have been asked to submit their unit rates for work as Aramco has fast-tracked the scheme and the final designs have yet to be completed.

  • Israel-Palestine
    Jerusalem train line destined to connect Jews and Arabs has widened bitter divide

    When it opened three years ago, the Jerusalem Light Rail was hailed by city boosters as a symbol of coexistence, a whispery smooth ride across some of the most bitterly fought real estate in history.

  • NCB
    Fatwa No Barrier to Saudi Arabia’s $6 Billion Bank IPO

    Saudi Arabia’s largest bank said in a statement yesterday it attracted 215.8 billion riyals ($58 billion) of bids from about 1.2 million investors as of 8 p.m. in Riyadh. While that pales by comparison with the almost 9 million who subscribed for Alinma Bank’s IPO in 2008, NCB’s offering to sell 300 million shares was almost 16-times oversubscribed, signaling investors pitched for larger blocs of shares.

  • Saudi-Egypt
    Egypt signs $350m in oil, power financing deals with Saudi Arabia

    Egypt signed $350 million (Dh1.3 billion) worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products as it seeks to end its worst energy crisis in decades.

  • Al-Qaeda in Pakistan
    Arab, Haqqani Network commanders reported killed in latest drone strike in South Waziristan

    Despite US government officials' claims that al Qaeda has been "decimated" in Afghanistan and Pakistan, the CIA continues to target the group's command and control in the region. The CIA, which operates the drone program in Pakistan, has launched eight strikes in North and South Waziristan in October. This is the highest number of strikes in Pakistan a single month since January 2013, when seven were launched. The US has averaged between two to three strikes a month, excluding a gap in 2014 between January and May, when no strikes were launched.

  • MENA Startups
    What do investors in the MENA want from startups?

    While most of the funders surveyed currently have a presence in either Jordan, the UAE, or Lebanon, 83% plan to expand and increase their activity in the next two years, and most of them are seeking to become more involved in Saudi Arabia and the UAE. While challenges in obtaining investment differ from one market to the other, there are some similarities across the region. Thirty-six percent of entrepreneurs surveyed said that the supply of venture funding in their countries was small, and 24% thought that investors are not offering enough value beyond cash.

  • Egypt-Gaza
    Egypt demolishes Sinai homes for Gaza border buffer

    Egypt has begun demolishing homes along its border with the Gaza Strip as part of a planned 500m buffer zone that is intended to prevent weapons smuggling.