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At Sharm El-Sheikh, Arab Leaders Agree on Joint Military Force to Address Shared Regional Challenges
Arab leaders have agreed in principle to “form a joint military force to address growing Arab challenges and threats” in a resolution following a 2-day summit of representative countries in Egypt, a move that bolsters cooperative efforts to stem the growth of extremism and instability in the Middle East. Leaders from Saudi Arabia, Egypt, Qatar, […]
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For Saudi’s Troubled Housing Market, New Tax on Vacant Plots Could Spur Development, Lower Prices
In a big step for providing affordable housing to Saudi citizens, the Government has decided to impose a tax on the owners of vacant plots of land within city borders. The tax will incentivize development on these idle plots of real estate, either by the landowner or by encouraging the sale of the plots to those […]
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Video: Kentucky Senator and GOP Candidate for President in 2016 Rand Paul Says United States ‘Should Be Boycotting Saudi Arabia’
Kentucky Senator and future GOP candidate for President in 2016 Rand Paul says the United States “should be boycotting Saudi Arabia” in a speech to donors that was posted on YouTube. “Remember when South Africa was misbehaving? We organized a boycott of South Africa. We should be boycotting Saudi Arabia and not taking money from […]
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Is Saudi Arabia Moving Towards a Future Without Expatriate Workers?
Today in the Dubai-based newspaper The National, Gulf expert Theodore Karasik writes that Saudi Arabia is moving to provide more jobs for Saudis, and that under new King Salman, change is in the works for its troubled labor sector. The goal to stop relying on expatriate workers and to transition to a nearly all-Saudi workforce is […]
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U.S. Embassy in Riyadh and Missions in Dhahran and Jeddah Shut for Two Days as Authorities Eye Security Threats
The US Embassy in Riyadh and at its diplomatic missions Jeddah and Dhahran in Saudi Arabia suspended all consular services for two days over security fears. The announcement of the closures came through a special security message dated March 14th that said the U.S. facilities would be closed for the 15th and the 16th. The note […]
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Saudi Housing Minister Relieved of his Post – Report
Saudi Arabia’s Housing Minister Shwaish bin Saud Dhwaihi has been relieved of his post as minister of housing, following a royal order, according to reports. He will be replaced Essam bin Saad bin Saeed, Minister of State. Saudi Arabia’s Ministry of Housing was established by Royal Decree on March 25, 2011 by King Abdullah. In addition to managing Saudi Arabia’s […]
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Photo: World’s Largest Container Ship Docks in Jeddah, Saudi Arabia
The Saudi Press Agency reports that the CSC Globe, the world’s largest shipping vessel currently in operation has docked at the Red Sea port of Jeddah, Saudi Arabia. According to the BBC, the ship can carry 19,100 standard 20ft containers. “That’s estimated to be enough space for 156 million pairs of shoes, 300 million tablet computers or 900 […]
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PHOTO: Kerry Meets with King Salman in Saudi Arabia
U.S. Secretary of State John Kerry is in Riyadh today to meet with King Salman and other high-level Saudi officials. The Secretary’s “Full Schedule” of meetings is an opportunity for the Secretary to build rapport with new Saudi officials, a State Department spokesperson said. The Saudi Press Agency (SPA) published this photo from today’s meeting […]
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‘Subtle Change of Energy Policymaker Line-Up’ Gives King Salman Firm Hand on Energy Policy, Report Says
When Saudi Arabia’s King Salman announced a shake-up of leadership shortly after ascending to the throne in January, one of the Kingdom’s most powerful positions – Minister of Petroleum and Natural Resources – was left unchanged. Ali Al Naimi has been Minister for 20 years, and was CEO and President of Saudi Aramco for 12 years before […]
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Despite ‘Kafalah’ Lending Programs for SMEs, Saudi Banks Leave Startup Entrepreneurs Without Needed Funding
Saudi banks are making it difficult for startups get off the ground by decreasing loans to new entrepreneurs, according to a Bloomberg report, despite the fact that these loans are backed by a government SME Loan Guarantee Program. Deema Almashabi writes that entrepreneurs cannot count on receiving necessary startup capital because “banks are not lending to any startups […]
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What can a Dubai fashion startup teach you about social entrepreneurship?
Determined to make a difference, the two women cofounded JUST, a social enterprise that aims to enable a transparent and “values-driven, not value-driven” fashion supply chain by connecting designers and manufacturers to ethical, sustainable suppliers. JUST leverages technology to promote transparency within the fashion supply chain by authenticating suppliers based on their ethical and sustainability standards and presenting them on an easy to use online platform for designers and manufacturers.
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Iran and Saudi Arabia: Detente on the Horizon?
After all, sabotage is the policy instrument of choice of the hardline faction in Tehran when it sets its mind to defending the status quo. For a brief moment, the hawks seemed hell-bent on sabotaging Rouhani’s Saudi initiative. The day Abdollahian arrived in Riyadh, Fars News—the mouthpiece of the IRGC—reported that an alleged Israeli drone shot down over Iran’s Natanz nuclear facility had been launched from a base in Saudi Arabia.
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Bad as Baghdadi? Pakistan’s Most Dangerous Man
With the Pakistani press fixated on impending anti-government protests in Islamabad, a major terrorist attack launched in mid-August on the other side of the country went largely unreported.
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How Big Is the Saudi Economy? Does the World Bank Know?
The Bank (2012) now estimates the total size of the Saudi economy at $1,462 billion, yet as recently as 2010—if the data table posted to the left is accurate—it had assessed it instead at a mere $593 billion. As of 2013, both the IMF and the CIA provide figures that are closer to the World Bank’s earlier estimation than to its current figure ($937 billion US and $928 billion respectively).
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Syria’s foreign jihadis: Where do they come from?
More than 11,000 people have traveled from abroad to fight in Syria, officials suggest, although some have gone back home again. They ally themselves with different factions, and sometimes change loyalties as groups merge, disband or change allegiances. Naturally, countries with bigger Muslim populations tend to send the largest number of fighters.
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Iraq: Al-Abadi garners Iranian, US, Saudi Support: But can He Unite Iraq?
The chairman of Iran’s national security council, Ali Shamkhani, congratulated al-Abadi and said that Iran approved of the legal process whereby President Fuad Masoum appointed the new PM. This entire line of reasoning was a slap in the face to outgoing prime minister Nouri al-Maliki, who argues that Masoum acted unconstitutionally in appointing anyone but Maliki and has said he will challenge the step in the supreme court. Shamkhani appeared to caution al-Maliki and others against opposing al-Abadi, calling on “all political blocs” to abide by “the rule of law” and to unite in the face of the threat posed by an “external enemy.” Some observers believe that al-Abadi was pressed on Masoum by Iran to begin with and is now Tehran’s candidate.
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As Millions Of People Fast For Ramadan, Does The Economy Suffer? : NPR
New research examines the effects of Ramadan, the Muslim holy month during which millions of people around the world go without food all day. Does religious practice affect economic growth?
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Will Friends of Yemen follow through? | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.
As the “Friends of Yemen” meet in London on April 29 to coordinate international support for Yemen’s transition, the question many Yemenis have is “Will they actually follow through?”
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