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  • Turkey and ISIS
    Turkey to approve a bigger military role in Iraq and Syria — but not on American terms

    Erdogan urged lawmakers to vote in favor of the resolution authorizing intervention in Syria and Iraq, which renews a similar 2012 mandate set to expire Saturday. Significantly, this authorization adds language allowing the government to permit “foreign militaries” to use Turkish soil for cross-border attacks, potentially paving the way for the United States to launch airstrikes from Turkish bases. The proposal is expected to pass because Erdogan’s Justice and Development Party has a majority in parliament.

  • NCUSAR
    Nasdaq keen to boost Mideast business links

    In an unprecedented move, Nasdaq, New York’s Stock Exchange, invited John Duke Anthony, president of the National Council on US-Arab Relations (NCUSAR) along with a delegation from Qatar, led by Qatar’s Economy and Commerce Minister Sheikh Ahmed bin Jassim Al-Thani, to ring the opening bell at the Nasdaq MarketSite in Times Square.

  • Monthly Saudi Chartbook
    Jadwa: KSA money supply growth touches 13-month high

    Jadwa Investment’s chart book for October also says that reserve assets of Saudi Arabian Monetary Agency (SAMA) increased by $4.4 billion in August, their highest monthly gain since March this year.

  • Syrian Refugees
    U.S. to greatly expand resettlement for Syrian refugees

    The State Department is reviewing more than 4,000 applications from Syrian refugees seeking permanent homes in the United States next year or beyond, up from dozens considered for resettlement this year and last, officials said. The expansion reflects determinations by the United Nations refugee agency and the United States that tens of thousands of refugees living outside Syria are unlikely to ever be able to return.

  • political dissent
    Kuwait, Fighting Dissent From Within, Revokes Citizenship

    As tensions in the country have been growing, analysts said, the revocations have raised concerns that Kuwait is also taking cues from some of its more repressive neighbors in the region, including some that have won praise from the United States for joining the military campaign against the Islamic State.

  • Industry
    Aramco Refinery With Sinopec Said to Start Hydrocracker in 2015

    Yasref, as the joint-venture refinery is known, will produce low-sulfur diesel for export and have the fuel available for sale next year, the people said. The lower the sulfur content in diesel, the cleaner it is as a transport fuel. Yasref’s diesel will meet European specifications, the people said. Yasref media officials were unable to comment immediately by phone today.

  • KSA and Syria
    KSA Shoulder-to-Shoulder with Coalition to Destroy IS – Prince Mohammed

    Wiping out ‘IS’ is just one step towards a more general and comprehensive goal: an end to the bloodshed in Syria; an inclusive, independent, non-sectarian government in Iraq and a just settlement for the Palestinian people whose desperate plight remains at the centre of Saudi foreign policy. Peace, a just peace for the Palestinians is the only way forward.

  • U.S. Crisis Response Force
    New crisis response force gets ready to deploy to Middle East

    There is great concern among U.S. officials about potential attacks against American personnel and facilities in the Middle East. In recent months, the Pentagon has deployed hundreds of extra troops to Iraq to guard against possible terrorist attacks against the U.S. embassy in Baghdad and other critical facilities. The American embassy in Yemen is also under threat from militants.

  • Gulf Stock Markets
    Funds to slow Saudi stock buying, bullish on UAE -survey

    Bullishness towards Saudi Arabia peaked in the July survey, days after the stock market regulator announced it would open the market to direct foreign investment early next year. Since then, sentiment towards the market has been declining, partly because sharp gains in stock prices have left many of them looking fully valued for now. The main index is up 10 percent since the announcement but has pulled back from its peaks in the past week.

  • U.S. Petroleum Liquids
    US poised to become world’s leading liquid petroleum producer

    US crude oil production in August was still lower than either Saudi Arabia’s, at about 9.7m b/d, or Russia’s at 10.1m b/d. The overall US leadership in petroleum is accounted for by its higher production of natural gas liquids such as ethane and propane, which have a lower energy content and are often used as feedstocks for the petrochemical industry rather than for fuel. Still, on current trends the US could catch up with Saudi Arabia and Russia on crude production alone by the end of the decade.