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Riyal PegCut Oil Supply or Drop Riyal Peg? Saudis Face ‘Critical’ Choice
Contracts used to speculate on the riyal’s exchange rate in the next 12 months are trading near a 13-year high, after hitting a new one on Thursday. Six-month contracts are barely changed from a seven-year high, even after the country’s oil minister said OPEC is working with other oil producers to stabilize the market.
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Land TaxSaudi land tax could raise $13bn a year
A potential tax on unused land in Saudi Arabia’s largest cities could provide up to $13 billion (SR50 billion) worth of revenues annually for the government, property experts have told the Saudi Gazette.
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Stock MarketSaudi bounces further from chart support; Egypt edges up
Saudi Arabia's stock market bounced further from a technical support level on Sunday but other Gulf bourses were little changed. Egypt's market edged up.
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WomenSaudi labor ministry opens up ‘all job opportunities for women’
Under pressure from the International Labor Organization (ILO), the Saudi Ministry of Labor has dropped a clause which protected women workers from hazardous and dangerous jobs, Makkah Arabic daily quoted a source as saying on Sunday.
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Saudi-USKerry to meet Saudi, UAE officials on unifying Syrian opposition
U.S. Secretary of State John Kerry was set to hold talks with senior Emirati and Saudi officials in Abu Dhabi on Monday to find ways to bring Syrian opposition groups together at a conference that will be hosted by Saudi Arabia next month.
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PetrochemicalsHuge Saudi Arabian petchems company Sabic eyes up acquisitions in 2016
“I can tell you that [we are evaluating] between two to four companies in North America and China,” he said on the sidelines of the GPCA petrochemicals conference in Dubai, declining to expand on the types of companies being looked at.
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Anti-ISIS CampaignPerspective: In the battle against IS, where is the Arab coalition?
The absence of Arab air forces creates a political — not military — void, even though Russia, France and America are fully capable of waging an air war against IS. The coalition is missing the Muslim answer to the self-proclaimed "Caliph Ibrahim."
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Hillary ClintonClinton Details A More Aggressive US Plan for Middle East, Terrorism
The Democratic front-runner calls for an ‘intelligence surge,’ increased special operations, and more of nearly every U.S. tool to fight terrorism.
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Syrian RefugeesHouse passes bill to tighten flow of Syrian refugees over Obama’s objections
The House on Thursday overwhelmingly passed legislation aimed at tightening controls on refugees from Syria and Iraq, in what Republican leaders say is a swift and strong response to last week’s terrorist attacks in Paris.
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EU SecurityFrance, Belgium move to tighten security; FBI said to warn of threat in Italy
Responding to rising threats across Europe, France on Thursday sought to extend a sweeping state of emergency for three months, as Belgium proposed tough new measures to detain and monitor suspects who support jihadist groups.
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