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Malware
Russia, Saudi Arabia ‘main targets of new Stuxnet malware’
The largest number of infections discovered -- 28 percent -- was in Russia, and Saudi Arabia was second with 24 percent. Other countries where the malware was found included Mexico, Ireland, India, Afghanistan, Iran, Belgium, Austria and Pakistan. There were no reported infections in the United States.
Miteb Bin Abdullah U.S. Visit
Taking Saudi-US ties to new levels
Prince Miteb bin Abdullah’s visit to the United States is talk of the town these days. The visit of the minister of Saudi National Guard was very much anticipated due to the current geopolitical developments in the region.
GCC Petrochemicals
GCC Petrochemical Revenues Reach $89.4bn In 2013
“2013 marked a turning point for the worldwide chemicals industry, signalling a return from the global economic downturn,” said Abdulwahab Al- Sadoun, secretary general, GPCA. “And as the region with the second highest rate of sales growth, the GCC has demonstrated that its petrochemicals industry can compete with sector leaders.”
Global Oil Markets
Oil Price Seen Falling to $60 if OPEC Output Not Cut
“Herding behavior and a shift to net negative speculative positions should accelerate the price plunge,” he added. Fund managers are divided over whether OPEC will reach an agreement on cutting output. Bathe put the likelihood at no more than 50 percent.
Dow in Kuwait
Dow Chemical CEO Says Not Quitting Kuwait, But Shifting Strategy
Asked about Dow’s strategy in Kuwait, Chief Executive Andrew Liveris, speaking on the sidelines of a conference in Dubai, said his company was “moving from doing commodities just for commodities sake, moving more downstream and Kuwait is more about commodities…”
Mobily
Saudi Phone Company Mobily Suspends CEO After Auditing Errors; Selloff Wiped Out $5 Billion
Etihad Etisalat Co., (EEC) the Saudi Arabian phone operator known as Mobily, suspended its chief executive officer after auditing errors prompted a stock market sell-off that erased about $5 billion of its market value.
Social Media
Saudi Arabia ‘intensifies Twitter crackdown’
Saudi authorities have stepped up their crackdown on online dissidents, Human Rights Watch said, alleging that prosecutors and judges use "vague law" to charge citizens for peaceful tweets and social media comments.
Gulf Cup
Gulf Cup semi-final: Saudi Arabia 3 UAE 2
Hosts Saudi Arabia will play Qatar in Wednesday’s Gulf Cup final after beating defending champions UAE 3-2 in Sunday’s semi-final at the King Fahd International Stadium.
- Gulf News: Saudi Arabia to face Qatar in Gulf Cup final
Saudi Higher Education
KSA universities ‘not aligned with jobs market’
The Kingdom’s higher education institutions are failing to produce graduates to meet the requirements of the country’s labor market, according to a senior academic at King Abdulaziz University (KAU).
Egypt
Al-Jazeera case: Egypt president says pardons ‘discussed’
Egyptian President Abdul Fattah al-Sisi says he is considering the possibility of granting pardons to two of the three Al-Jazeera journalists jailed in Egypt. "Let us say that this matter is being discussed to solve the issue," Mr Sisi said in an interview with France 24. The journalists are appealing against seven-year sentences given in June on charges including spreading false news.
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