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Saudi Arabia’s burgeoning aviation market could do with another five airlines, a member of the kingdom’s Shoura Council has said. Government-owned carrier Saudia was struggling to cope with the increasing demand for domestic flights, Abdullah Bin Naseef said, according to the Saudi Gazette.
The organization responsible for building the stadia and infrastructure for the 2022 FIFA world cup has unveiled renovation plans for the khalifa international stadium, the third host venue for the global event. the expansion scheme will increase the arena’s seating capacity to 40,000, while innovative cooling technology inside the design will ensure an optimum playing temperature of 26 degrees celsius.
The Saudis are perfectly willing to watch the price of oil keep falling to see if they can’t drive some of those U.S. companies out of business. So the game becomes how low can they go. Recent analysis by Bloomberg New Energy Finance finds that 19 regions across Texas, Oklahoma, Louisiana, Kansas, and Arkansas stop being profitable at $75 a barrel. Which is roughly where things are at the moment.
The US and Iran say they are confident of reaching a deal over Tehran's nuclear programme after agreeing a seven-month extension to talks. Iranian President Hassan Rouhani said a deal was close but US Secretary of State John Kerry warned that several points of disagreement remained.
A group of seven Yemenis and a US military expert who were taken hostage by a group linked to al-Qaeda have been freed by Yemeni Special Forces, a local security source has told the BBC.
President Obama tapped Chuck Hagel as defense secretary because he wanted someone who would quietly implement the administration’s policy, avoid controversy and promote no big, sweeping ideas. Hagel was forced to resign Monday for being exactly that defense secretary.
Tioga, population 3,000, welcomed North Dakota’s first well in 1951, more than a half-century before hydraulic fracturing liberated the “tight oil” trapped in the Bakken shale formation. So it was fitting that Tioga ring in the daily production milestone that had ushered the Bakken into the rarefied company of historic oil fields worldwide.
Saudi Arabia tops the list of countries impacted by advanced targeted cyber attack in META (Middle East, Turkey and Africa) computer networks, accounting for 30.1 percent of the total attacks in the region during the first half of this year, said a report issued by FireEye, a leader in cyber security.
Saudi business optimism in both the hydrocarbon and non-hydrocarbon sectors brightened up in the fourth quarter of 2014 from the previous quarter, fueled, among others, by expectations that the Saudi GDP would grow 4.6 percent this year despite weakening of oil markets since mid-year 2014.
The new "temporary exclusion orders," it is proposed, will include passport cancellation, entry on a "no fly list," and sanctions against any airline carrying an "excluded" British citizen to the UK.
