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France, Saudi seeking to seal billions of euros in deals ‘quickly’: Fabius
France is in talks to agree billions of euros worth of contracts in Saudi Arabia that could be finalised "quickly", ranging from the defense sector to civil aviation, transport and energy, Foreign Minister Laurent Fabius said on Tuesday.
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Saudi king sacks senior aide for photographer ‘slap’
Saudi Arabia's King Salman sacked a senior aide on Tuesday, shortly after a video posted online appeared to show the official slapping a photojournalist, state media said.
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France, Saudi Arabia: Iran nuclear deal must be verifiable, no threat to region
Saudi Arabia invited French President Francois Hollande, whose country is deemed to have the toughest stance among the six world powers negotiating with Iran, to Riyadh to discuss regional issues with Gulf Arab leaders who fear a rapprochement with Tehran could further inflame the region.
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IMF Sees Need for Significant Saudi Spending Cuts as Oil Drops
The country’s ruler should encourage the private sector to take the strain off government finances, Ahmed said. An IMF team will visit Saudi Arabia this month to assess government plans, he said.
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After years of tension, anti-American sentiment ebbs in Pakistan
Those observers say the change is being driven by a Pakistani middle class that is now more supportive of American drone strikes — which have declined precipitously in recent years — particularly since a school massacre by the Taliban that killed about 150 students and teachers in December. And as conflict spreads in the Middle East, there is a growing recognition in Pakistan that sectarian violence in Muslim countries isn’t all driven by the United States. The Obama administration’s efforts to quietly rebuild relationships here are starting to have an effect, analysts say.
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ISIS claims Texas attack via official radio station
ISIS Tuesday claimed responsibility for its first attack on U.S. soil in which two gunmen were killed after opening fire at an event in Texas showcasing cartoons mocking the Prophet Mohammad.
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Regional Economic Outlook Middle East and Central Asia; May 2015 Update
Despite a sharp decline in oil prices, growth in the oil-exporting countries is projected to remain steady at 2.4 percent in 2015, with inflation subdued. Faced with large oil revenue losses, most countries are expected to use accumulated financial buffers and available financing to cushion some of the impact on growth while gradually slowing their fiscal spending, so that they can share the now reduced oil wealth equitably with future generations and rebuild buffers for dealing with oil price volatility.
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Commentary: A United Army for the Arab World?
The rise of the Islamic State and — perhaps even more alarming — the expansion of Iran’s influence in the Arab world through clients and proxies in Iraq, Syria, Lebanon, Yemen and beyond have created a rare consensus among Sunni Arab governments. They agree that they face an intolerable crisis and that it is no longer possible to rely on American intervention. The Arab states have apparently concluded that if they do not unite to meet these twin challenges, they could well find themselves at the mercy of jihadist radicals or Persian imperialists, or both.
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Is France positioning itself for lead role in Persian Gulf?
“That this meeting is occurring before the Camp David talks is significant. Paris is speaking with positive words to GCC ears, while America shouts ‘Iran,’ ” Karasik said. France stands to benefit hugely from GCC largesse by committing to act as its security guarantor in the region.
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Muqtada al Sadr threatens to ‘unfreeze the military wing,’ attack US interests
Radical Shiite cleric Muqtada al Sadr threatened to attack US personnel inside Iraq and beyond if the US House of Representatives passed a bill that would have recognized Kurdistan and Sunnis in western Iraq as their own independent countries.
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