MUST-READS

• Economy
  SABIC, Molecular in JV to commercialize nanomaterials’ apps

  SABIC and Molecular Rebar Design, LLC have signed a joint venture agreement to develop and commercialize nanomaterials for select market segments and applications.

• Power
  GE to provide $1.2bn new power plant in Tabuk

  S-based manufacturing giant General Electric has secured a deal worth $1.2bn to build a new combined fosil fuel and solar power plant in Saudi Arabia.

• Industry
  Ma’aden-Alcoa JV refinery produces first Alumina from Saudi Baux

  The Saudi Arabian Mining Company and lightweight metals leader Alcoa announced that the alumina refinery at their joint venture aluminum complex in Saudi Arabia has successfully produced its first alumina from Saudi Arabian bauxite. The alumina refinery at Ras Al Khair is the first ever refinery to be constructed and operated in the region.

• 2015 Budget
  Saudi 2015 budget expected to raise spending marginally – newspaper

  Saudi Arabia's 2015 state budget is expected to raise spending marginally from this year's original plan while covering a deficit due to sliding oil prices with the kingdom's huge fiscal reserves, a Saudi newspaper reported on Tuesday. Quoting unnamed sources, the Al-Madina newspaper said government spending was expected to be about 860 billion riyals ($229 billion), up from a record 855 billion riyals in the 2014 budget plan.

  • CNBC - Saudi Arabia sticks to budget despite oil’s slide
• Saudi - Iran
  Qom, Najaf call for improved relations with Saudi Arabia

  Prominent religious authorities in Iran's Qom and Iraq's Najaf have simultaneously called on the political leaders in their respective countries to improve relations with Saudi Arabia. The authorities stated that this move would be in the interest of all Muslims and would unite them in their struggle against terrorism and religious extremism. The request followed Saudi Arabia's adoption of a strict stance against Salafist jihadism, and pledging to reform domestic and foreign policies.

• Iraq and ISIS
  ISIS fight: Iraqi air force training in Arizona with U.S. F-16s
  • Combating Terrorism Center - Managing a Transnational Insurgency: The Islamic State of Iraq's "Paper Trail," 2005-2010'
• Islam
  Vienna may shut down Saudi school

  Vienna's Board of Education has ordered for a school owned by the Saudi government to stop operating by the end of the year, after it failed to provide a full list of its staff to authorities. The institution previously came under fire for its curriculum.

• Pharmaceuticals
  France’s Sanofi to start production in Saudi Arabia at KAEC

  On Wednesday the company formally inaugurated its factory at King Abdullah Economic City, an industrial and residential development on the Red Sea. Meir said the plant would initially produce antibiotics, cardiovascular drugs, diabetic medication and medicine to protect against blood clots.

• AQAP
  Al-Qaida affiliate claims responsibility for explosion at US-Yemeni air base

  An al-Qaida affiliate in Yemen says it targeted a U.S.-Yemeni air base with rockets in retaliation for a U.S. raid on the group's hideout to free an American hostage.

• Saudi Economy
  Saudi Arabia to maintain expenditure

  Tawfiq al-Rabiah, minister of commerce and industry, told an investment conference in Riyadh that the Arab world’s largest economy was able to maintain expenditure that would then filter through to the private sector while infrastructure investment would boost exports.

• 10 of 61119 results<< 1 … 5,928 5,929 5,930 … 6,112 >>