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  • SoftBank Vision Fund
    Saudi-Backed Vision Fund Invests $1.1 Billion in a Maker of ‘Smart Window’ Glass

    Despite the recent assassination of a journalist by Saudi Arabian agents and an ensuing global controversy, Masayoshi Son and his Saudi-backed SoftBank Vision Fund appear as bold and extravagant as ever. On Friday, the investment firm plans to announce it has sunk $1.1 billion into View Inc., a Silicon Valley-based maker of glass used in internet-connected windowpanes.

  • Lobbying
    Saudi Lobbyists in D.C. Hunker Down After Khashoggi’s Killing

    Five lobbying firms announced shortly after Khashoggi disappeared that they were exiting their Saudi contracts. But at least 18 firms appear to be sticking by the kingdom, even as some expressed concern.

  • Petrochemicals
    Saudis Look Past Crude With $100 Billion in Downstream Projects

    Demand for petrochemicals will rise faster than for any other segment of the oil industry, according to the International Energy Agency. Chemicals produced from crude will account for about one-third of the increase in oil use by 2030 and half of the growth in demand by 2050, the IEA said.

  • IMF
    Opinion: IMF Hints at Global Economic Downturn But Not How It Will Respond

    Emerging markets have been stressed by higher U.S. interest rates and the dollar. In some instances, like Turkey, Argentina, South Africa and Indonesia, the stress has been major. Indonesia, like much of Asia, is also caught in the trade crossfire.

  • UAE-Iran
    Iran’s Oil Buyer and Rival, U.A.E. May Be Cracking Down on Trade

    Dubai is the U.A.E.’s main importer of Iranian oil. The country’s biggest city buys a light oil called condensate that’s produced in Iran’s natural gas fields and refines it into jet fuel and other products for local use. The U.A.E. port of Fujairah, the Middle East’s biggest oil-trading hub, provides storage for Iranian fuel oil that supplies vessels plying the Indian Ocean.

  • Iraq
    One Down, Two to Go: Iraq’s New Government Shaping Up

    With the vote, Iraq’s constitutional clock began ticking on a ninety-day deadline to form the next government. Parliament must now elect a president by the end of September.

  • Russia in the Region
    Israeli delegation in Moscow to share data on plane downing

    A high-level Israeli military delegation visited Moscow on Thursday to present detailed information related to the downing of a Russian warplane by Syrian forces that responded to an Israeli air raid.

  • Saudi-Canada
    Canadian Export Agency Downgrades Its Assessment of Saudi Arabia

    Before the incident, EDC had rated Saudi Arabia as open for business with a low risk of political interference. It has now put that assessment under review.

  • Russia in the Region
    Russia blames Israel after military plane shot down off Syria

    In a statement, Russia said Israel's "irresponsible actions" were to blame, saying it was given less than a minute's warning ahead of the strikes, which was not enough time to get the military surveillance plane out of the way.

  • YouTube
    YouTube shuts down pro-Syrian government channels

    YouTube has suspended the accounts of at least three media outlets run by the Syrian government, weeks after a report claimed the channels were violating US sanctions and generating revenue from ads.