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  • Libya
    U.N. hands Libya’s warring factions unity government proposal

    United Nations negotiators on Monday handed Libya's warring factions a draft proposal for forming a unity government in an attempt to end a conflict that threatens to push the North African country into becoming a failed state.

  • Economy
    KSA contract awards amount to $15.2bn in Q1 2015

    Total contracts worth $15.2bn (SAR57.3bn) were awarded in the Kingdom in Q1 2015. Riyadh accounted for the largest share of awarded contracts – 33% of the total contract value – mainly due to the military medical city under construction in the province.

  • MERS
    Saudi MOH: 1 New MERS Case, Reiterates Warnings On Camel Contact

    While 90% of adult camels have antibodies to the MERS coronavirus, the actual percentage of camels that are actively infected, and capable of transmitting the virus, is fairly small and their period of infectivity is relatively short.

  • Construction
    Saudi’s 2014 contract awards tumble 25% to $59bn

    Both physical and social infrastructure-related sectors continued to grow compared to 2013. However, it was the reduction in the size of mega-projects that caused the decline in 2014, NCB argued.

  • MERS
    Saudi Arabia issues fresh warning regarding contact with camels

    Saudi Arabia’s health ministry has issued a fresh warning against approaching camels unless necessary amid continuing concerns about the Middle East Respiratory Syndrome (MERS). The ministry said those who work with camels should wear a long-sleeve medical gown, gloves and a mask over their nose and mouth.

  • Military Contractors
    Contractors Ready to Cash In On ISIS War

    None of the five current and former contractors who spoke with The Daily Beast expected a replay of last decade’s Iraq war. But they all said a major opportunity was coming—both for them, and for Obama, who could use the private armies as a way to conceal just how many people will be fighting in this new conflict. “Iraq this time around is not going to be as big as it was before,” said Roger Carstens, a former special operations officer who has served as a contracted military adviser in Somalia and Afghanistan. “That said, this new war will present an opportunity for the companies that have a resident train and advising capability to contribute to this new effort.”

  • Construction
    Saudi Arabia to award $55bn contracts in 2014

    Saudi Arabia is set to remain the Middle East’s largest projects market for the foreseeable future as the Kingdom focuses on job creation and the diversification of its economy. In 2014, it is forecasted to award $55 billion worth of contracts, comfortably ahead of the UAE, the region’s second largest market.

  • Saudi National Guard
    Boeing awarded AH-6i contract for Saudi Arabia

    Although not disclosed in the DoD contract announcement, the end-user will be the Saudi Arabia National Guard (SANG), which is buying the AH-6i as part of a wider build-up of its rotary-winged capabilities that includes the procurement of 12 AH-64E attack helicopters and 24 Sikorsky UH-60M Black Hawk transport helicopters. This deal marks the first sale of the AH-6i for Boeing, although Jordan has signed a letter of intent for 18 such helicopters with an option for a further six.