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Morgan Stanley, BofA Set to End U.S. Banks Saudi Drought
Morgan Stanley and Bank of America Corp. are set to work on the first share sale in Saudi Arabia managed by a U.S. bank since 2008, as the largest stock exchange in the Middle East prepares to open to foreign investors.
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Saudi Typhoons Use Paveway IV Bombs on ISIS
Typhoon combat jets flown by the Royal Saudi Air Force have used Paveway IV precision-guided bombs to strike Islamic State terrorists, marking the first time the weapon has been launched in anger from the Eurofighter-built aircraft, according to gulf region sources.
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Saudi’s Naimi says oil markets are settling
"We don't want anything that creates volatility in the market," Naimi told reporters on the sidelines of a conference in the port city of Jizan, southwest Saudi Arabia.
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Two Princes Are Rising Stars of King Salman’s Saudi Arabia
When the new Saudi king installed his own team, the most eye-catching appointments involved two princes young enough to be steering the world’s biggest oil exporter for decades to come.
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Saudi court jails al Qaeda recruiters, bin Laden associate
A Saudi court has jailed at least 13 men on counts including the recruitment of al Qaeda militants for the September 11, 2001 attacks on the United States and sheltering Osama bin Laden in Pakistan, Saudi newspapers said on Tuesday.
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Libya crisis: UN talks between rival governments suspended
Libya's internationally-recognised parliament has suspended its participation in UN-brokered talks aimed at restoring calm to the country. A spokesman for the chamber of representatives blamed Friday's suicide bombings by Islamic State (IS) for the decision.
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Jordan assumes leading role vs. Islamic State militants
Jordan’s small air force has been playing an outsize role in the U.S.-led bombing campaign against the Islamic State group, not only flying more missions than any other partner nation but also opening its bases to other allies to allow them to mount more sorties.
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Analysis: Can Hadi lead Yemen out of crisis?
Less than a week after the United Nations Security Council adopted Resolution 2201, the political landscape in Yemen has been further complicated by President Abd-Rabbu Mansour Hadi's surprising escape from the Houthi-imposed house arrest.
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FIFA Committee Recommends November-December World Cup in Qatar
A task force for football's governing body said Tuesday that the 2022 World Cup tournament in Qatar should run from late November to late December.
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US firm agrees to equip UAE armoured vehicles with rockets
US weapons maker Raytheon Co agreed with the United Arab Emirates on Monday to equip the oil-rich Gulf country's armoured vehicles with Talon laser-guided rockets, a company official told Reuters.
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