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GCC Economies
Saudi Arabia, Kuwait ‘still too reliant on oil revenues’
Saudi-based investment firm Alkhabeer Capital said in a report that the annual budget spending in GCC countries still continues to be driven almost entirely by income from the export of hydrocarbons although the contribution of non-hydrocarbon GDP to the overall GDP has significantly increased over the past two decades.
Economic Cities
Saudi City in the Desert Project Seeks to Woo Chinese Investors
Saudi Arabia is building four economic cities to attract foreign investment and create jobs. KAEC, as the project is known, will include a port and business district as well as residential areas and resorts. It will be built over 168 square kilometers (65 square miles), about the size of Washington D.C., according to the project’s website.
Yemen Drone Strike
US drone strike targets AQAP fighters in Shabwa
Local officials in Yemen's southern Shabwa province reported that an American drone strike killed five al Qaeda in the Arabian Peninsula (AQAP) fighters today. Today's strike is the first reported in Yemen since Aug. 17.
U.S.-Iraq
Obama: More Airstrikes and Troops to Iraq to Defeat Islamic State
The U.S. will deploy another 475 troops to Iraq to help support Kurdish and Iraqi security forces working to defeat IS. Those troops will join the several hundred American troops Obama deployed in June, but none of them are working in a direct combat role and they will provide support through training, equipment and intelligence, said Obama.
- The Hill - Treasury to 'intensify' work to block ISIS funds
- AP - France Ready to Participate in Iraq Airstrikes
Mecca
Witness Mecca’s Dramatic Transformation Over The Past Century In Just 14 Photos
Although the requirements of Hajj have remained the same, Mecca itself has changed dramatically over the decades. Redevelopment of the site in 2013 lead authorities to remove a 17th century portico -- one of the oldest parts of Mecca's Grand Mosque -- in order to create more space for an ever-growing stream of pilgrims.
Afghanistan
Hopes for Afghan unity deal wane as candidate claims victory
The prospect of two candidates declaring themselves the elected successor to Afghan President Hamid Karzai grew significantly Monday, threatening the Obama’s administration’s efforts to prevent the country from erupting in political unrest.
Iraqi Government
Iraqi parliament approves new government headed by Haider al-Abadi
Iraq's parliament approved a new government headed by Haider al-Abadi as prime minister on Monday night, in a bid to rescue Iraq from collapse, with sectarianism and Arab-Kurdish tensions on the rise.
- Military Times - U.S. expands airstrikes into western Iraq
Saudi-Egypt
Saudi Arabia opens largest embassy in Egypt
“These headquarters do not merely house the offices of the embassy with all its branches but all the Saudi working offices operating in Egypt and this will make it easier for citizens to contact the embassy of their country and simplify access for their Egyptian brothers and others,” Prince Faisal said.
Transportation
Saudi ministers approve air transport agreement with U.S.
Saudi Arabia's Council of Minister on Monday ratified an air transport agreement with the United States, the state news agency SPA reported.
Libya
U.N. report highlights mass displacement of Libyans by violence
A United Nations report on Thursday said four months of fighting by militias in Libya’s two biggest cities, Tripoli and Benghazi, has forced some 250,000 people to flee, including 100,000 who have been internally displaced. The report released by the U.N. Support Mission in Libya and the U.N. Human Rights Office estimated that some 150,000 people, including migrant workers, have fled the country. The report says a “climate of fear” has made citizens reluctant to speak about militia abuses.
- NYT - New Book says CIA Official in Benghazi Held Up Rescue
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