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Kuwait, Saudi to Resume Oil Output From Shared Field This Month
The Khafji field in the so-called neutral zone will start output by the end of February, while operations will resume at Wafra from Sunday with exports likely flowing within three months, said Hashem Hashem, chief executive officer of Kuwait Petroleum Corp.
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Pompeo makes first trip to Africa with conflicting US signals
Pompeo on Saturday begins a trip to Senegal, Angola and Ethiopia, chosen for their leaders' attachment to democratic values in a continent that has seen backsliding in recent years. "I think that he risks getting caught up in a sort of China-China-China dynamic and really needs to convey to African leaders that Africa is genuinely a priority for the United States," said Schneiderman, who is also at the Brookings Institution.
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Saudi FM: No meeting planned with Netanyahu, Palestine policy ‘firm’
“There is no meeting planned between Saudi Arabia and Israel. Saudi Arabia’s policy has been very clear since the beginning of this conflict. There are no relations between Saudi Arabia and Israel and the Kingdom stands firmly behind Palestine,” Prince Faisal said in an exclusive telephone interview with Al Arabiya English.
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Saudi CEOs are worried about global economy, but confident about local businesses
The study, however, found that the percentage of CEOs who are positive about the growth prospects of their own companies went up from 92 percent in 2018 to 98 percent in 2019, while the number of business leaders who are optimistic about their country’s outlook went up from 66 percent to 72 percent.
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U.S. sailors say threat level after Soleimani’s death was unlike anything they had seen in years
With the warning and an elevated threat level, the sailors prepared for potential combat. Additional precautions put in place on the Normandy required them to carry flame-resistant balaclavas and gloves to complement their flame-resistant uniforms, and the Internet service they used to speak to family members was temporarily cut.
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Iran’s Economy Is Bleak. Its Stock Market Is Soaring
The run-up in Iranian equities perversely stems from the country’s status as an international pariah. With hardly any outside investment trickling into the country, and with an overall economy that has been rapidly contracting, stocks have been stuck at rock-bottom values. Even after soaring last year, many companies’ stocks still look cheap when compared with their profits.
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For the first time in 9 years, two nation states are going toe-to-toe in Syria
It is "a whole new level of state-on-state conflict," said Charles Lister, senior fellow at the Middle East Institute. "And given Erdogan's domestic considerations, it's still hard to see anything but more escalation on the horizon."
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NATO plans expanded training mission in Iraq
NATO is to expand the Western alliance’s training mission in Iraq, partly in response to U.S. calls do more in the Middle East. At a meeting of NATO defense ministers in Brussels it was agreed NATO will take over some of the training activities carried out by the American-led coalition against the Islamic State.
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Haftar’s forces in Libya ban U.N. flights to embattled capital
The U.N. earlier warned flight restrictions by commander Khalifa Haftar’s forces known as the Libya National Army (LNA) were hampering humanitarian and mediation efforts in the oil-producing country embroiled in a conflict between loose alliances from western and eastern Libya since 2014.
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Distressed-Debt Funds Team Up as Lebanon Bonds Plunge to Records
Investors are pondering what shape a default might take, with the crisis-ridden nation’s government wrangling over whether to continue servicing its liabilities.
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