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Rail projects account for 32 percent of total GCC transportation developments valued at $298 billion. Transportation makes up to 20 percent of the total construction spend in the Kingdom of Saudi Arabia (KSA) where nearly $25 billion is at the bidding stage or under development in the railway sector. The Saudi network will be further improved by adding 3,900 km of track through three major railway projects.
Taliban militants stormed an elite army high school in northwestern Pakistan on Tuesday, killing at least 126 students and teachers and holding others hostage, in one of the worst school shootings in modern times, according to Pakistani security and hospital officials. More than three hours after the siege began at mid-day on a Pakistan military installation in Peshawar, explosions and gunfire continued to be heard coming from the school.
Saudi Oil Minister Ali al-Naimi shrugged off suggestions that the world's biggest crude exporter might cut production to halt tumbling prices, saying the Kingdom's output had remained steady through last month.
What to expect, then, if you believe (as I do) that the Saudis are not primarily driven by geopolitical reasons? Then you will still come to the conclusion that change is unlikely in coming months. Saudi officials remain singed by the experience of the 1980s, when, in the face of a non-OPEC supply surge, Saudi Arabia cut production -- yet was still unable to bolster price. Looking at the changing dynamics of the oil market, particularly in light of the boom in U.S. shale production, Saudi officials are concerned about a repeat performance of that 1980s dynamic.
Saudi Arabia’s new king moved swiftly on Friday to name the country’s interior minister as deputy crown prince, making him the second-in-line to the throne, as he promised to continue the policies of his predecessors in a nationally televised speech.
Ethnic Uzbeks, including citizens of Uzbekistan, are most numerous among the Central Asians with the Islamic State, but Kyrgyz, Kazakhs, Turkmen and Tajiks are also well represented. Some are recruited at home; others are radicalised abroad, often as migrant workers. The problem is acute in southern Kyrgyzstan, where the risks are amplified by the alienation of the Uzbek community since the violence in Osh in 2010.
Arab cartoonists are hitting back over the Charlie Hebdo affair with satirical works questioning the meaning of free speech in the west, while attacking their own hypocritical leaders as well as Israel and the perceived double standards that are applied to Muslims.
Twitter has reportedly suspended thousands of user accounts suspected to have links with ISIL, only to see new ones spring up immediately. The company has been forced to take a new “preemptive” approach to try to combat ISIL’s spread on the web. And Twitter “is only the tip of the iceberg,” reports Geopolitical Monitor, a Canadian consultancy. Online internet forums, which are much less closely monitored, are the biggest source of jihadist propaganda, and the main center of recruitment, the group says.
The man who allegedly orchestrated France’s deadliest terrorist attack in half a century was introduced to radical Islam by a charismatic janitor who led a band of social misfits and petty criminals through military-style training exercises in a Paris park.
Kurdish fighters battling Islamic State (IS) in Kobane, northern Syria, have seized a key district and now control 80% of the town, activists say. Kurds backed by Iraqi Peshmerga forces captured the security district including the police HQ, the Syrian Observatory for Human Rights said. IS advanced on the town in September and quickly overran much of it.