MUST-READS

• War in Yemen
  Militiamen clash with guards at Yemen presidential palace: official

  Yemeni militiamen clashed with soldiers guarding the presidential palace in the southern Yemeni city of Aden on Sunday, a local official and residents said, in a rare confrontation between the previously allied forces.

  • The Telegraph - Saudi Arabia is bombing in Yemen to bring peace and stability
  • Salon - U.S.-armed Saudi coalition bombs Yemen market, killing 40 people
  • CNN - Rights group: Saudi Arabia used US cluster bombs on civilians
  • Bloomberg - Yemen's Ousted President Is Still a Stumbling Block for Saudis
• Tourism in the GCC
  Business tourists comprise one third of visitors in GCC

  Business tourists in the GCC comprise of one in three of all tourists in the region, a study conducted by Strategy & in 2015 revealed.  This is a high number when compared with the worrying statistic that suggests only 2% of global exhibitions take place in the Middle East, according to the same study.

• Stock Market
  Middle Eastern Stocks Rally as China Flags Scope for Stimulus

  Stocks across the Middle East advanced after China’s central bank governor highlighted scope for further policy stimulus in the world’s biggest commodities user.

• Saudi-Turkey
  Saudi Warplanes Arrive at Turkish Airbase

  A batch of four F-15E Strike Eagle fighter jets of the Royal Saudi Air Force arrived Feb. 26 at the Incirlik airbase in southern Turkey, officials said.

  • Reuters - Saudi accuses Russia, Syria regime of ceasefire violations
• Food and Dining`
  For Iranian restaurants in Saudi, it’s business as usual

  Iran and Saudi Arabia’s rivalry has played out in proxy wars across the region, and escalated further after the two severed diplomatic and trade ties last month. Yet in the Saudi capital, Riyadh, popular Iranian restaurants are outselling feverish calls for a boycott and stand as a reminder of when ties between the two countries held promise.

• Military
  ‘North Thunder’ military drill begins in northern Saudi Arabia

  A “North Thunder” military drill was launched in northern Saudi Arabia on Saturday with the participation of forces representing the Kingdom, the United Arab Emirates, Jordan, Bahrain, Senegal, Sudan, Kuwait, Maldives, Morocco, Pakistan, Chad, Turkey, Tunisia, Comoros, Djibouti, Oman, Qatar, Malaysia, Egypt and Mauritania, in addition to the Peninsula Shield Forces, the Saudi Press Agency reported.

• Extremism
  6 wanted in murder of anti-terrorism officer

  Saudi Arabia’s police say a member of the kingdom’s anti-terrorism force has been murdered and that six of his relatives are wanted in connection with his death.

• Payment Delays
  Saudi Binladin worker salary delay resolved

  Saudi Arabia's labour ministry has reportedly reached an agreement to resolve the salary delays faced by employees of Saudi Binladin Group.

• S&P v. Moody's
  Rating agency risk mounts for Saudi as views diverge

  The divergence matters because many international investors are limited by internal rules to buying debt with certain minimum ratings. Some use the sovereign ratings to make decisions on allocating money outside the debt markets.  

• Energy Industry
  Silver Run raises $450 million in IPO to buy energy companies

  Silver Run Acquisition Corp SRAQU.O, a new U.S. investment vehicle, raised a greater-than-expected $450 million in an initial public offering on Tuesday aimed at funding the acquisition of energy companies, indicating investors see bargains amid the oil price rout.

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