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Multiple festivals to boost tourism
SCTA and other agencies have completed their preparations for these tourism fairs, that include social events, heritage, sports, amusement and cultural activities to suit all segments of society, sources said.
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5 Months of Air Strikes in Iraq and Syria in 4 Charts
Though the coalition conducting military operations includes 11 other countries, the U.S. has conducted the vast majority of strikes. In Syria, U.S. forces have been responsible for 90 percent of the strikes, and 75 percent in Iraq.
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Crude weighs on Gulf but Saudi shares pare losses
Saudi Arabia’s main index dropped as much as four per cent in a broad sell-off early in the session, but then pared its losses and closed only 0.6 per cent down.
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Palestinians to submit resolution for U.N. statehood bid
Palestinians plan to submit a final draft of a statehood resolution to the United Nations on Monday calling for a peace deal with Israel within a year and an end to occupation of Palestinian territories by the end of 2017, officials said. Palestinian President Mahmoud Abbas informed U.S. Secretary of State John Kerry by phone that he would press ahead with the initiative despite Israeli and U.S. opposition, the official Palestinian WAFA news agency reported.
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First outdoor art show in conservative Saudi
Dozens of paintings are being displayed on outdoor advertising billboards in the capital Riyadh and other cities in what organisers say is the kingdom's first public art show.
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U.S. Names Egyptian Group, al Qaeda Adviser as Terrorists
The U.S. State Department said Thursday it named an Egyptian extremist group and a senior adviser to al Qaeda’s Yemen-based branch as terrorists.
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Saudi Arabia Says Hard for OPEC to Give Up Market Share
Saudi Arabia and OPEC would find it “difficult, if not impossible” to give up market share by cutting crude production, the country’s oil minister said. Global oil markets are experiencing “temporary” instability caused mainly by a slowdown in the world economy, Oil Minister Ali Al-Naimi said, according to comments published yesterday by the Saudi Press Agency. He reiterated the country’s intention to maintain output amid plunging prices.
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Stuck in the Middle Eastern Sand: The United States, Asia, and Post-Cold War Threat Inflation
According to the World Bank’s 2013 figures, the U.S. GDP of $16.8 trillion made America the largest economy in the world by far, accounting for 22 percent of the world’s economic output of $78.8 trillion.6 It maintains one of the world’s largest and most capable armed forces, over 2.3 million personnel (active duty and reserves): most importantly, it can move that military thousands of miles from its shores and keep it in the field. Last, but not least, the dollar remains the currency of choice in the international system, reflecting the overall confidence of global markets (and states) in the unrivaled strength and stability of America’s political and economic system. The United States faces no direct military threats on its borders and no peer competitor to challenge its global preponderance over the next decade. Many of these realities seem lost, however, in the debate over America’s supposed decline.
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Obama’s Legacy in the Gulf: Despite Disgruntlement, U.S. Remains Indispensable
On balance, the dark cloud that has formed over U.S.-Gulf relations probably does represent, as Prince Saud suggested, a transitory result of simultaneous unfortunate outcomes for which no country is entirely to blame. How long that cloud will hover depends on the outcome of the nuclear negotiations with Iran, the effort to contain ISIS, the dubious future of Yemen, the stability of Iraq, the situation in the West Bank, and as always in the Middle East, on the inevitable “black swan” events for which no one in the region, or in Washington, will be prepared.
Obama as an individual will not be fondly remembered when he leaves office, but he will be in good company. In the Gulf, it often seems as if the last prominent American policymaker still admired and respected is James A. Baker III, secretary of state at the time of Desert Storm.
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Is the Special Relationship Between the US and Egypt Over?
There are powerful elements in both the United States and Egypt that would prefer a resumption of tight relations, but a heavy cloud of mutual suspicion will likely prevent the type of public partnership seen in the past, says CFR’s Steven Cook.
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