Published: January 30, 2014
SUSRIS Daily News – Excerpts from International Media Reports
/Provided as a service from the Saudi-US Trade Group, Washington, DC
Oil Price | Ante Batovic | 1.30.14
At the December meeting in Vienna, the OPEC ministers agreed to keep the output at 30 mb/d for the first six months of 2014. The organisation expects to substitute plummeting exports to the US and accommodate increased production in Iraq and … Continue Reading
Over the past six years female participation in the workforce has almost doubled from 9 per cent to 16 per cent, cutting into female unemployment of roughly 30 per cent. The government is keen to attract more women into the workplace as part of … Continue Reading
According to Dr. Rayyes, stand-up comedy in Saudi Arabia has bloomed among the under-30 crowd over the past five years as a result of the poor dramas and comedies on television. With the emergence of video-sharing websites and social media, … Continue Reading
Saudi Arabia is expected to give Egypt up to $4 billion in additional aid in the form of central bank deposits and petroleum products, state-run Egyptian newspaper Al Ahram reported on Thursday.
Economic growth in Saudi Arabia slowed in 2013 on the back of a small contraction in oil GDP and a moderation in non-oil sector growth, said NBK in its latest Economic Update. “Recent labor market disruptions are believed to have impacted … Continue Reading
Saudi Arabia’s shares rose on Wednesday, buoyed by a recovery in global markets as investor focus returned to local fundamentals, while most other regional markets also gained.
Saudi Arabian Airlines says it will begin operating direct flights to Los Angeles’s LAX airport by March 31. Saudia, the kingdom’s national carrier, already operates 14 flights a week to the Washington D.C. area and New York City. The … Continue Reading
Saudi Arabia’s National Water Company (NWC) is currently working on 453 water projects worth US $7bn in major cities across the Kingdom, local media reported. Most of these projects are located in Riyadh, Jeddah, Makkah and Taif. The projects … Continue Reading
British officials have expressed growing alarm in recent days over the possibility that returnees from the Syrian war, hardened and trained by their experiences in battle, will seek to carry out terrorist attacks. The head of Scotland Yard’s … Continue Reading
The wooing of foreign oil companies has been underway since Rouhani’s election in the summer. Bijan Zanganeh, his appointment as oil minister, has already named seven majors it wants to see back in Iran. Even US companies would be welcome in the … Continue Reading
First, even the most extreme cases are well below a 50 percent likelihood of a coup, meaning that a coup probably won’t occur. Those would be the West African countries of Guinea and Mali (26.5 percent and 22.7 percent likelihoods of coups) and … Continue Reading
According to a well-placed intelligence source, Saudi Arabia bought ballistic missiles from China in 2007 in a hitherto unreported deal that won Washington’s quiet approval on the condition that CIA technical experts could verify they were not … Continue Reading
Bahrain will embark on projects worth nearly $4.43 billion involving the construction of thousands of houses and power facilities to benefit from a $10-billion aid package approved by its partners in a Gulf alliance three years ago, according to … Continue Reading
Russia’s counterterrorism agency has arrested two brothers suspected of assisting the suicide bombers who struck the southern city of Volgograd in late December.
Actress Scarlett Johansson has quit as an ambassador for Oxfam amid a row over her support for an Israeli company that operates in the occupied West Bank.
Provided as a service from the Saudi-US Trade Group, Washington, DC