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U.S. envoy to Yemen to operate out of Saudi Arabia
The United States will not move its embassy to Aden, as some Persian Gulf countries have done, to avoid any suggestion that Washington accepts a de facto division of Yemen, a senior State Department official said Tuesday.
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US on sidelines of key Iraqi battle against Islamic State
The campaign for Tikrit is a dress rehearsal for the real contest: The fight to recapture Mosul, Iraq's second-largest city and the extremists' biggest stronghold. But can a large-scale ground offensive alone succeed, without U.S.-led air support?
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Netanyahu makes his case on Iran deal, but to audiences with limited leverage
Netanyahu’s strategy is a bank shot, using congressional support for his hard line on the nuclear deal to leverage more sanctions on Iran that could sink the negotiations or cause Iran to walk away. He is also using the backing of Congress to try to burnish his credentials as a fierce defender of Israel’s rights and image in advance of March 17 elections.
- Defense One - After Netanyahu, Senate GOP Move on Iran Bill Defies White House Veto Threat
- Bloomberg - Netanyahu on Iran: Tough, Fair, Unconstructive
- Defense News - Netanyahu: Iran Deal Could Lead to War
- Foreign Policy - A Silver Lining in Netanyahu's Thundering Speech
- Gary's Choices - Netanyahu’s Speech
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Saudi Aramco Said to Seek Loan Cost Lower Than Exxon Mobil Debt
Saudi Arabian Oil Co., the world’s largest oil exporter, is in talks with banks to raise a $10 billion revolving credit facility at cheaper pricing than Exxon Mobil Corp., according to three people familiar with the matter.
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Saudi Fund Signs MOU to Invest More Than $1 Billion in Posco E&C
Saudi Arabia’s Public Investment Fund agreed to buy more than $1 billion worth of shares in South Korean steelmaker Posco’s engineering and construction unit.
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Saudi’s Alkhabeer Sets Sights On An IPO
Alkhabeer Capital, a Saudi Arabia-based Islamic investment and advisory firm, plans to expand its discretionary management business and apply for a listing on the Saudi stock exchange later this year, its chief executive told Reuters.
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MERS death toll in Saudi Arabia hits 400
Four more people have died of the Middle East Respiratory Syndrome coronavirus (MERS-Cov), raising the total in the Kingdom to 400, the Ministry of Health’s Command and Control Center said Monday.
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Sedco Capital prepares feeder fund before Saudi market opening
Jeddah-based Islamic investment firm Sedco Capital plans to launch a Luxembourg feeder fund for its Gulf money market fund and is exploring ways to offer a Saudi-specific product to international investors, its lead fund manager said.
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Saudi Arabia ups official oil prices amid signs of stronger demand
Saudi Arabia raised the official selling prices (OSPs) for its oil deliveries to Asia and the United States on Tuesday, in the latest signal OPEC's largest exporter is seeing signs of stronger demand.
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Kerry Heads to Saudi Arabia to Consult on Iran Nuke Talks
Kerry will leave the Iran talks in the Swiss resort town of Montreux later Wednesday and fly to Riyadh where he will see the new Saudi monarch, King Salman, and meet separately with the foreign ministers of the members of the Gulf Cooperation Council: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The Sunni-ruled Gulf states, like Israel, are unnerved by Shiite Iran's suspected pursuit of nuclear weapons and its increasing assertiveness throughout the region.
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