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Saudi Budget Could Decide Stocks’ Fate
Gains over the past two sessions, however, suggest that Saudi Arabia’s budget for the coming fiscal year will be keenly watched. If the finance minister stays true to his words, we could be in a for a stronger equity rebound.
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Saudi Arabia to keep spending in 2015 budget: finance minister
Saudi Arabia will continue spending on development projects and social benefits in its 2015 budget despite "challenging" global economic conditions, Finance Minister Ibrahim Alassaf said on Wednesday, state news agency SPA reported.
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Dick Cheney Pushes Back on Torture Report: ‘I’d Do It Again in a Minute’
"I'd do it again in a minute," Cheney told Meet the Press's Chuck Todd, offering an unqualified condemnation of the Senate Intelligence Committee's investigation into the Bush administration's post-9/11 interrogation methods used at foreign "black sites," which many regard as torture.
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Saudi market forecast 2015: Construction
In terms of infrastructure, the Kingdom continues to assign billions of dollars towards development of transport and utilities networks, including new roads, railways, and sea ports, as well as for the rollout of infrastructure at new industrial cities such as Ras Al-Khair. Airport infrastructure works include expanding capacity in Riyadh's King Khaled International Airport, Jeddah's King Abdulaziz International Airport and the construction of a new airport in the holy city of Madinah.
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Bahrain policeman killed in bomb attack
Bahraini authorities said a policeman has been killed in a "terrorist" attack using a bombing provided by Hezbollah. The explosion took place in the village of Damistan, around 20km southwest of the capital Manama, late on Monday, killing an on-duty policeman, the interior ministry said on Twitter.
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Symbolic ‘end’ to Afghanistan war overshadowed by new Obama plans (+video)
The United States military and NATO officially shuttered their combat command in Afghanistan in a little-noticed ceremony Monday, more than 13 years after the start of the longest war America has ever fought. But what had long promised to be a major milestone in the war has been overshadowed by recent strategic changes on the ground. Even as troops lowered the flag of the International Security Assistance Force (ISAF) joint command – which was in charge of combat operations – Defense Secretary Chuck Hagel made it clear that the US will be jettisoning its original plan to cut forces to 9,800 by year’s end.
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American Public Attitudes Toward the Israeli-Palestinian Conflict
After the collapse of Israeli-Palestinian peace negotiations earlier this year and the devastating violence of this summer’s Gaza war, tensions between Israelis and Palestinians are on the rise. Voices on both sides of the conflict question the United States’ traditional role as shepherd of Israeli-Palestinian peace negotiations, and Americans seem increasingly skeptical about their government’s engagements in the Middle East. Nonresident Senior Fellow Shibley Telhami conducted a survey on American public attitudes toward the Israeli-Palestinian conflict; below are several key findings and a download to the survey's full results.
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Saudi Arabia issues fresh warning regarding contact with camels
Saudi Arabia’s health ministry has issued a fresh warning against approaching camels unless necessary amid continuing concerns about the Middle East Respiratory Syndrome (MERS). The ministry said those who work with camels should wear a long-sleeve medical gown, gloves and a mask over their nose and mouth.
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Saudi Extends Detention of Women Drivers
Two Saudi women detained nearly a week ago for violating the kingdom's female driving ban were ordered held for 25 more days on Sunday, a relative told The Associated Press. The women, who were arrested Dec. 1 after driving into Saudi Arabia from the United Arab Emirates, are supporters of a grassroots campaign launched last year to oppose the ban. The two women have a combined Twitter following of more than 355,000.
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US embassy in Abu Dhabi urges Americans to beware more terror attacks
The US diplomatic mission to the United Arab Emirates has warned American citizens to remain wary of further terror attacks after a school teacher was stabbed to death in a shopping mall and a bomb left outside the house of an American family.
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