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  • Savola Group
    Savola Stock Surging for Key Shareholders

    Savola was founded in 1979 as Saudi Vegetable Oils and Ghee Co. as an importer and refiner of edible oils. Food manufacturing and wholesale sales remain its primary business, accounting for more than half of the company’s revenue. Retail sales make up 41 percent of its business, almost all of which is generated by its network of 260 Al Azizia Panda United food markets. “The food and retail segments are growing at double digits,” said NCB Capital’s Tomalieh. “Those areas benefit from population growth, which right now is around the 2.5 percent mark in Saudi.”

  • Afghanistan
    Violence marks Afghan president’s first month

    Suicide bombers, roadside bombs and rocket attacks on the Afghan capital have intensified in the one month since President Ashraf Ghani Ahmadzai took office as the Taliban are sending a message that they disapprove of his tough stance on ending the insurgency and close security ties with Washington, officials, analysts and the Taliban said. In recent days, central Kabul's diplomatic neighborhood has been shaken by late night rocket attacks. On both Friday and Sunday nights, rockets were fired into the heavily fortified "green zone," sending locals running for cover and international residents into basement safe rooms to await the all clear.

  • U.S. - Pakistan
    Pakistan’s army chief to visit U.S.

    Foremost on Sharif’s mind will be the future of Pakistan’s relationship with the U.S. after 2016, when the U.S. is expected to remove almost all its troops from Afghanistan, Nawaz said. The U.S. currently reimburses the Pakistani military for its counterterrorism operations. Since launching an offensive against the Pakistan Taliban in North Waziristan this summer, the Pakistani military has increased troop strength on the border with Afghanistan from 150,000 to 170,000.

  • Flynas
    Saudi budget carrier flynas suspends long-haul services

    Saudi Arabia's first and only budget airline, flynas, has suspended long-haul flights because profits on the routes did not meet expectations, chief executive Raja Azmi said on Tuesday.

  • Iraq and IS
    Iraqi forces advance in new bid to retake Baiji refinery

    Iraqi security forces said they advanced to within 2 km (1.2 mile) of the city of Baiji on Wednesday in a new offensive to retake the country's biggest oil refinery that has been besieged since June by Islamic State militants. Backed by Shi'ite militias and army helicopters, government forces have swept through a desert area to the west of Baiji, aiming to recapture the city 200 km (130 miles) north of the capital.

  • Women in Sports
    Basketball more than just a game for Saudi women

    Almaeena says basketball is becoming popular among Saudi girls because it offers the camaraderie of a team sport. Basketball is also seen as more societally acceptable since girls can practice in loose, conservative clothes, and the sport can be played indoors and outdoors. From its humble beginning at Jiddah United, the sport has grown into a network of teams in different cities. No formal league exists but women's teams play in privately organized tournaments against a handful of other private schools, universities and club teams across the kingdom.

  • Saudi-Kuwait
    Kuwait Said to Deny Work Permits for Saudi Chevron Staff

    Saudi Arabia and other OPEC members face increasing pressure to scale back oil output as a supply glut from the U.S. and other countries and slower demand growth have pushed down the price for Brent crude, a global benchmark, by more than 20 percent this year. Asia’s market is becoming flooded as the U.S. imports less oil.

  • Jihadists in Syria
    Pro-al Qaeda Saudi ideologue criticizes jihadist leaders in Syria, calls for unity

    The Saudi sheikh, who relocated to Syria in 2013, is no fan of Baghdadi or the Islamic State, which he has criticized for following the "wrong" jihadist program. Muhaysini has been closely allied with the leaders of the Islamic State's jihadist opponents in Syria, including the Al Nusrah Front, which is al Qaeda's official branch in the country. But this hasn't stopped Muhaysini from publicly criticizing those same leaders for failing to prevent the "youth" from falling under the Islamic State's sway.

  • Arabs in Israel
    Israel considers first ever “Arab city”

    Except for some random Bedouin villages in the Negev region, Israel has not built any city or village for the Arab population in Israel since the country's creation in 1948. There are around 1.6 million Arabs in Israel, accounting for around 20 percent of the country's population.

  • Extremism
    Education plays key role in fight against extremism

    An overhaul of the educational system has become necessary amid reports that some deviant ideology is being taught in public schools, where books with objectionable content have been prescribed. This syllabus should also meet the needs of the Saudi markets in terms of providing decent jobs to young Saudis.