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  • Arab Stock Markets
    Saudi Stocks Lead Mideast Drop on Concern for Islamist Reprisals

    Saudi Arabian shares retreated the most in a year, leading declines in the Middle East amid investor concern that Arab nations may be at risk of retaliatory attacks by Islamic State militants. The Tadawul All Share Index (SASEIDX) lost the most since September 2013, sliding 2.1 percent at 2:24 p.m. local time to 10,645.19. It’s the worst performer among more than 90 gauges tracked globally by Bloomberg. Dubai’s DFM General Index slipped 1.2 percent at the close, while Qatar’s QE Index fell 0.5 percent.

  • Iraq Oil Exports
    Iraq exports more oil from southern terminals far from conflict

    Three months after an advance by Islamic State into northern Iraq sent oil prices soaring to $115 a barrel, the fighting has not reduced Iraq's exports from the south, the main outlet for its crude to world markets. Exports from Iraq's southern terminals have averaged 2.58 million barrels per day (bpd), according to shipping data for the first 23 days of September tracked by Reuters. Two industry sources who monitor the exports had similar estimates.

  • Pakistani Energy
    Pakistan Plans to Sell Stake in Oil & Gas Development

    Pakistan Prime Minister Nawaz Sharif, who came to power in May last year, inherited a troubled economy, which was suffering from an energy crisis that left industries without power and a deteriorating security situation. Since then, the government has been taking major steps to cut subsidies and eliminate debt in the electricity sector, reducing blackouts. It also negotiated a $6.6 billion deal with the International Monetary Fund, staving off default.

  • U.S.-Iran
    Iran seeks give and take on Islamic State militants, nuclear program

    Iran is ready to work with the United States and its allies to stop Islamic State militants, but would like more flexibility on Iran's uranium enrichment program in exchange, senior Iranian officials told Reuters.

  • Air Strikes and ISIS
    General: Airstrikes tougher as militants blend in

    The Army's top officer warned Friday that it will become increasingly difficult to target and launch precision airstrikes against Islamic State militants hiding among the Iraqi population. Army Chief of Staff Gen. Ray Odierno told reporters that so far the targets American warplanes and drones have hit in Iraq have largely been out in the open and were "clearly identifiable."

  • Ebola and the Hajj
    Saudi Arabia Introduces Ebola Screening Ahead of Haj – Videos

    Saudi Arabia introduces an Ebola screening progam as the country prepares to receive up to three million pilgrams taking part in the annual Haj. They come from all over the world—including West Africa, which is currently experiencing the worst outbreak of the deadly virus on record. Medical staff check all passengers arriving at Jeddah's international airport. They give them a health questionaire... ...and have a rapid response plan in case someone needs to get to the hospital.

  • Jeddah
    Saudi Arabia set for inauguration of world’s tallest flagpole

    The pre-launch preparations for the world’s tallest flagpole were conducted for the second time on Friday, Jeddah Mayor Dr. Hani Abu Ras wrote on his Twitter page.

  • Iran is Not Happy
    Iran: Happy video dancers sentenced to 91 lashes and jail

    Six Iranians arrested for appearing in a video dancing to Pharrell Williams' song Happy have been sentenced to up to one year in prison and 91 lashes, their lawyer says. The sentences were suspended for three years, meaning they will not go to prison unless they reoffend, he adds.

  • Afghanistan
    Afghan front-runner Ghani says power-sharing agreement is near – The Washington Post

    Afghanistan’s rival presidential candidates will share power under a deal that is within two days of completion, front-runner Ashraf Ghani said Wednesday in an interview with The Washington Post. Ghani acknowledged that the long delay in declaring a winner of the June election has weakened Afghanistan and set back its political progress as U.S. and NATO forces prepare to depart by Dec. 31. But he said he and rival Abdullah Abdullah have worked to build a solid new foundation.

  • Automotive
    Saudi Arabia tire sales double UAE and Egypt combined

    Motorists in the Kingdom of Saudi Arabia bought 3.86 million tyres in the first half of 2014, compared to 1.32 million in the United Arab Emirates and 0.52 million in Egypt. This is according to latest figures released by GfK from their continuous tracking of passenger car, 4x4 and light truck tyres sales.