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Egypt opens Rafah crossing to stranded Palestinians bound for Gaza
Egypt opened the Rafah border crossing on Wednesday to allow thousands of stranded Palestinians to return to Gaza but the frontier will remain closed to traffic going the other way, Palestinian and Egyptian border officials said. One of Gaza's vital gateways to the outside world, the Rafah crossing was shut on Oct. 25 after Islamist militants in Egypt's adjacent Sinai region killed 33 members of the security forces in some of the worst anti-state violence since Islamist president Mohamed Mursi was toppled in July 2013.
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New delays said to hit Saudi Aramco’s Jizan refinery
The refinery, valued at $6 billion to $7 billion, is the centrepiece of a wider plan to revive the economy in one ofSaudi Arabia's poorest regions by developing an industrial city that produces and uses oil products for manufacturing. The complex had been scheduled to be completed in late 2016, but industry sources in the kingdom said last year that it faced delays of six to 12 months because work on associated infrastructure was behind schedule.
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Second air strike hits airport in Libya’s capital
An air strike hit the last functioning commercial airport in Libya's capital Tripoli for a second day running on Tuesday, residents said, as a power struggle in the oil-rich nation intensified. Three years after the downfall of Muammar Gaddafi, Libya is being lacerated by rival factions, one of which has set up an alternative administration in Tripoli after seizing the city in fighting during the summer.
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German satellite crashes in Saudi: report
A German satellite which was put in orbit by a Russian rocket in 2008 has crashed in Saudi Arabia but there were no reports of any damage.
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Saudis unlikely to cut oil production, Analyst Says
Oil prices are bottoming, and Saudi Arabia is unlikely to heed Iran's request for a cut in oil production when OPEC meets Thursday, analyst Stephen Schork told CNBC on Monday.
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The real news in Iran: Tehran’s big soccer game
On Sunday, millions of Iranians -- perhaps even as much as one-quarter of the country's population -- will tune in to watch the soccer match between Persepolis and Esteghlal, the country's two biggest clubs. Both are based in Tehran, and the city's main Azadi Stadium will be packed to its 80,000 capacity, divided between the red of Persepolis and the blue of Esteghlal.
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More jihadist training camps identified in Iraq and Syria
Four new terrorist training camps in Iraq and Syria, three of them operated by the Islamic State, have been identified by The Long War Journal. The identification of these camps, three in Syria and one in Iraq, brings the total number of jihadist-run camps identified in the two countries to 46.
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Russia, Saudi Arabia ‘main targets of new Stuxnet malware’
The largest number of infections discovered -- 28 percent -- was in Russia, and Saudi Arabia was second with 24 percent. Other countries where the malware was found included Mexico, Ireland, India, Afghanistan, Iran, Belgium, Austria and Pakistan. There were no reported infections in the United States.
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Taking Saudi-US ties to new levels
Prince Miteb bin Abdullah’s visit to the United States is talk of the town these days. The visit of the minister of Saudi National Guard was very much anticipated due to the current geopolitical developments in the region.
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GCC Petrochemical Revenues Reach $89.4bn In 2013
“2013 marked a turning point for the worldwide chemicals industry, signalling a return from the global economic downturn,” said Abdulwahab Al- Sadoun, secretary general, GPCA. “And as the region with the second highest rate of sales growth, the GCC has demonstrated that its petrochemicals industry can compete with sector leaders.”
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