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Saudi Arabia's $530 Billion Stock Market Will Open to Foreign Investors

Starting next year, foreigners can tap into the Kingdom's flush bourse. Saudi Arabia is opening its $530 billion stock market to foreign investors for the first time in a move meant to shift its economy away from dependence on oil revenue. News of this expansion, slated for the first half of 2015, sparked a nearly 3% uptick in the Tadawul at close yesterday. Read Full Story

Saudi Stocks Soar as Kingdom Opens to Foreigners Next Year

``Saudi Arabia, the oil-producing kingdom whose stock market has been off-limits to outsiders, will allow foreign investors to buy and sell shares next year as it seeks to lure capital to the $745 billion economy.''

"At Some Point of Time We Will Go With This Proposal" - Despite Opponents, Sense of Inevitability Grows at Talks on Curbing the Super-Warming HFCs

Countries jousted again over proposals to replace the super-potent heat-trapping chemicals called hydrofluorcarbons (HFCs) under the Montreal Protocol, the world’s most successful environmental treaty. Saudi Arabia and Kuwait emerged as the most vociferous opponents. read more

See How Blistering Hot Your City Will Get By The End Of The Century

Las Vegas will be the new Saudi Arabia. The nation grappled with a Polar Vortex-esque weather pattern and unusually cool summer temperatures this week. So it may be as good a time as any to think about how much hotter it could get in the future. Read Full Story

Saudi Arabia investigates imams who did not condemn al Qaeda attack – paper

yesterdayReligion : FaithWorld

Saudi Arabia's Islamic Affairs Ministry is investigating 17 mosque imams in the capital Riyadh for not using their Friday sermons to denounce an al Qaeda attack this month, the English daily Arab News reported on Saturday.

Bahrain's Jihadist Dilemma

In recent years Saudi Arabia and the United Arab Emirates have waged crackdowns on local Muslim Brotherhood (MB) movements and their alleged sympathizers under the banner of combating "global terrorism." These governments claim thatShow More Summary

Climate Failure: U.S. Passes Saudi Arabia As World’s Largest Oil Producer

Is President Obama’s “all of the above” energy policy a success? Or a climate failure? A report issued recently by Bank of America declared the United States has now surpassed Saudi Arabia as the world’s largest oil producer. The daily...Show More Summary

The Best News We've Heard All Day: Mango Launches Plus Size in US

4 days agoLifestyle / Fashion : FabSugar

There's one less reason to envy European women: Violeta, the full-figure collection by Mango, is officially available in the US. First launched in France, Germany, Italy, Netherlands, Turkey, Russia, Saudi Arabia, and Spain earlier this...Show More Summary

Manipulating Citation Rankings

Inside Higher Ed, Manipulating Citation Rankings?: The possession by Saudi Arabia’s King Abdulaziz University of more highly cited researchers than almost any other university in the world raises questions about institutions’ ability to manipulate global rankings. This is the view of two researchers who last week posted on the arXiv...

Saudi Crude Exports in May Fell to Lowest Since 2011

Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refineries processed record amounts and power plants also increased consumption, official data showed. The post Saudi Crude Exports in May Fell to Lowest Since 2011 appeared first on gCaptain Maritime & Offshore News.

The U.S. Needs to Capitalize on Its Oil Bonanza

Bank of America noted in a recent report that the U.S. has surpassed Saudi Arabia as the world's biggest oil producer.

The Roundup

- Journalist Patrick Cockburn shows how much impact Saudi Arabia had in the rise of the Islamic State - The armed wing of Hamas rejected Egypt's ceasefire calling it a "surrender" and Israel continued its rocket attacks. Although journalist...Show More Summary

In response to Patrick Cockburn and Sir Richard Dearlove

In a recent article in The Independent, Patrick Cockburn made a number of wide and questionable assumptions relating to Saudi Arabia, the Islamic State of Iraq and Syria (ISIS) and the recent crisis in Iraq. However, to Mr. Cockburn's...Show More Summary

Wednesday Watch

Evening Headlin es Bloomberg: Saudis on Alert at Iraq Border for Conflict Spillover. Saudi Arabia is deploying men and high-tech machinery to boost vigilance along its 800 kilometer (500-mile) northern border with Iraq, where it faces security threats from both sides in a deepening sectarian conflict. Show More Summary

ISIL Hoists Saudi Royals By Their Own Petards (Le Quotidien d’Oran, Algeria)

How much responsibility does Saudi Arabia have for the chaos cause to Syria, Iraq and the entire region by the now-infamous Islamic State of Iraq and the Levant? For Algeria’s Le Quotidien d’Oran, noted columnist Kharroubi Habib writes that in an effort to displace al-Qaeda, which seeks the overthrow of the Saudi monarchy, Saudi ‘strategists’ [...]

3 charged in alleged plot to extort $20 million from Saudi sheik

A woman accused of falsely claiming she was sexually assaulted and tortured by a Saudi sheik's son in Los Angeles was charged Monday with conspiracy to extort one of the wealthiest men in Saudi Arabia of $20 million, prosecutors sai...

7 Cases That Prove Online Activism is Under Siege in Saudi Arabia

Learn about Gulf Center for Human Rights efforts to raise awareness about online activists facing harassment and legal challenges in Saudi Arabia.

Saudi Arabia Latest To Fleet-Average Fuel Economy Mandate Party

As in the United States, Europe and Japan, Saudi Arabia is now mandating new vehicles be more fuel efficient. Like the U.S., however, the Saudis will put the onus on the automakers without raising a cent on fuel prices. Green Car Reports says as part of the 2012 Saudi Energy Efficiency Program, new vehicles on […]

Israel and Saudi Arabia: Forging ties on quicksand

By James M. Dorsey Long gone are the days when Saudi Arabia was the only Arab country that had designed its visa rules to bar Jews from entering the kingdom and Saudi Foreign Minister Prince Saud al Faisal gave visiting US Secretary of State Henry Kissinger the Protocols of Zion, a 19th century anti-Semitic tract, as a gift. Show More Summary

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