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  • Alhokair
    Saudi Arabia’s Alhokair Follows Emaar With Mall Unit IPO

    Saudi Arabia’s Fawaz Alhokair Group plans to raise $2 billion from the initial public offering of its Arabian Centres malls unit, surpassing a similar sale by rival Dubai operator Emaar Properties PJSC (EMAAR) earlier this year.

  • Economy
    G-20: Saudi Arabia’s focus on economic policy

    The ninth summit of the G-20 heads of government to be held in the Australian city of Brisbane on Nov. 15 and Nov. 16 is different from the crisis meeting held in 2008 to save the world economy from falling into the abyss. But it is of no less importance considering the myriad challenges of tackling widening global inequality, poverty, unemployment and stuttering growth.

  • Women
    ‘Saudi women can succeed’: The creative response to entrepreneurship

    Apart from these well-known Saudi women there are also many others who are successful wedding planners, fashion designers, jewelry designers, chefs, photographers and consultants. All of these women reflect the entrepreneurial spirit; they are prolific and self-driven and they have taken on a role in life and have proven one thing: “Saudi women can succeed”.

  • Football
    FIFA President Blatter completes Saudi Arabia visit

    FIFA President Blatter on Thursday evening completed a two-day visit to Saudi Arabia. In the capital city Riyadh, he officially inaugurated Goal Project 1, the Leaders Institute Football Turf, set to become a fundamental pillar for Saudi Arabia’s youth and grassroots activities, and delivered a speech at the Sports Investment Forum in which he stressed the importance of investing in football as a way to “promote development and education across the world.”

  • Sultan Qaboos and Oman
    The Only Sultan I’ve Ever Known

    When Qaboos ousted his father in 1970 in a British-backed coup, the country was a backwater. In a much-cited statistic, the entirety of Oman had two hospitals and six miles of paved road. Since then, the country has transformed into a modern oil-exporting state with highways, universities, and a per capita GDP of $22,181. Unsurprisingly, most Omanis separate their country's history into two stages: before and after Qaboos.

  • U.S. Middle East Policy
    Acting and Reacting in the Middle East – Alterman

    While some rush to ascribe incompetence or even malice to U.S. government actions, the lack of effectiveness is instead a product of sustained U.S. uncertainty. Tumultuous politics in the Middle East have pushed the United States toward a more circumspect attitude toward the permanence of its allies. Put simply, it is not willing to bet on their success. The speed with which the United States moved to establish a working relationship with the Muslim Brotherhood in Egypt was chilling to many regional leaders, as was the slow reluctance with which the United States accepted the Egyptian army’s seizing power. For the United States, the episode was a principled expression of concentrating on process rather than outcome. For Arab allies, it was an opportunistic embrace of victors over friends.

  • Saudi-Libya Relations
    Libyan PM al-Thinni visits Saudi Arabia

    Libya’s internationally-recognized Prime Minister Abdullah al-Thinni, facing a power struggle with Islamists, arrived in Saudi Arabia on Wednesday, official media reported. Al-Thinni landed in the capital Riyadh where he “was received by Dr. Musaed al-Aiban, minister of state and member of the cabinet, and a number of senior officials,” the Saudi Press Agency reported without further explanation.

  • U.S. Foreign Policy
    9 Ways Foreign Policy Will Dominate the Lame-Duck Congress

    The White House asked Congress Friday for another $5.6 billion to fight against the self-proclaimed Islamic State. The new appropriation will help fund the 1,500 additional troops the Pentagon plans to deploy to Iraq. Increasing the Pentagon’s $58 billion overseas contingency operations (OCO) request -- the account used to fund operations in Iraq and Afghanistan, among other hot spots -- is expected to get broad support on Capitol Hill and pass easily. If lawmakers choose the omnibus route, they will fold the money into that legislation.

  • NCB IPO
    Saudi Arabia’s NCB Rises 10% in Trade Debut After $6 Billion IPO

    IPOs in Saudi Arabia, the Arab world’s biggest economy, are picking up as the Tadawul All Share Index plans to open to foreign investors next year as it pursues a $130 billion spending plan to boost non-energy industries. Saudi Arabia typically sells stakes in state-owned companies to the public at below market value as part of efforts to redistribute the country’s wealth. “For a couple of days at least, or may be three, you will see the stock going limit up,” Saleem Khokhar, head of equities at NBAD Asset Management Group, which oversees about $2.5 billion, said by phone from Abu Dhabi. “It started trading at discount and anything between 50 riyals and 55 riyals is very good value, so you will see investors rushing to grab what’s available.”

  • Afghanistan
    What’s the Plan? The Afghan Government

    Following an election dispute that took up the bulk of 2014, the newly inaugurated Afghan unity government led by President Ashraf Ghani and CEO Abdullah Abdullah now must engage in the process of building a government. The degree to which the two camps can avoid infighting and settle on appointments will determine Afghanistan’s prospects for near- and medium-term stability. Meanwhile, a longed for but tricky reform agenda is beginning to take shape. But will it over promise and under deliver?