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  • Global Oil Markets
    Saudi SABIC’s CEO says oil price decline is temporary

    The recent decline in global oil prices will prove temporary even if it lasts a year or so, since population growth will ultimately bring higher consumption and prices, the chief executive of Saudi Basic Industries Corp said on Sunday.

  • Jihadist Training Camps
    Jihadist training camps proliferate in Iraq and Syria

    Since the Syrian civil war began in the spring of 2011, the Islamic State, al Qaeda, and other allied jihadist groups have operated more than 30 training camps inside Iraq and Syria. While global jihadist groups have primarily used camps to indoctrinate and train fighters for local insurgencies as part of the effort to establish a global caliphate, in the past al Qaeda has used its camps to support attacks against the West.

  • ISIS Revenue
    The World’s Wealthiest Terrorists

    The Islamic State makes about $1 million a day from sales of oil it has seized at war. It has generated $20 million this year alone in ransom. And it has taken untold sums of additional cash at gunpoint in the Syrian and Iraqi towns it controls, and through donations it solicits from sympathizers through social media.

  • Yemen
    Al-Qaeda kills 30 Shi’ite rebels in central Yemen: tribal sources

    The northern-based Shi'ite Houthi established themselves as power brokers in Yemen last month by capturing Sanaa against scant resistance from the weak administration of President Abd-Rabbu Mansour Hadi, who appears not to have a full grip on the country's fractious military. Houthi forces have since advanced into central Yemen and taken on Sunni tribesmen and al Qaeda militants, who regard the Houthis as heretics. Fighting has flared in several provinces, alarming neighbor Saudi Arabia, the world's No. 1 oil exporter.

  • Energy Efficiency
    Energy efficiency in Saudi Arabia

    In 2012, SEEC in conjunction with ministries, regulatory authorities and major companies launched the Saudi Energy Efficiency Program (SEEP). SEEP is purely focused on demand side management and its remit does not include the issue of price reforms. The subject of energy prices, which are heavily subsidized to consumers, is highly sensitive in the Middle East. In 2012 there was civil unrest when the Jordanian government changed the subsidy regime on fuel and there is no doubt that all Middle Eastern governments are very conscious of the social impacts of changing energy subsidies – especially at this time of instability in the region.

  • Legal
    Joint ventures in Saudi Arabia: What counsel should know

    Saudi Arabia offers business opportunities on a scale found in few other jurisdictions, including the development of the world’s tallest building, a $22.5 billion Riyadh metro rail project, and a 2014 national budget that includes the construction of 465 new schools. With all of these opportunities, Saudi Arabia has become an ideal target market for many foreign businesses. However, before entering into a joint venture or other strategic corporate alliance (JV) in Saudi Arabia, there are a number of considerations to keep in mind that will affect your ability to establish, develop and maintain a profitable business.

  • Olive Trees in Palestine
    In West Bank, Palestinians gird for settler attacks on olive trees

    More than 80,000 Palestinian farmers derive a substantial portion of their annual income from olives. Harvesting the fruit, pressing the oil, selling and sharing the produce is a ritual of life. Now, so is losing trees. Last year, the United Nations reported that Israeli settlers damaged or destroyed nearly 11,000 olive trees and saplings owned by Palestinians in the occupied West Bank. The trees were burned, toppled by bulldozers, felled with chain saws.

  • Oil Slump
    When the Petrodollars Run Out

    Twenty countries depend on petroleum for at least half of their government revenue, and another 10 are between half and a quarter. These countries are clearly vulnerable to big changes in the price and quantity of oil and gas that they might sell. But which ones would have the hardest time coping?

  • Saudi Student Death
    Saudi student killed in ‘accident’ in US

    A Saudi student at Tennessee Tech University was killed when he was run over by his friend in the US city of Coalfield, Tennessee, Al-Hayat newspaper reported.

  • Health
    Saudi launches campaign to vaccinate primary school students

    The campaign will include government, private, international and community schools all over the Kingdom.