• Opinion: Will the Gulf Lose Qatar?

    Asharq Alawsat | Salman Aldossary | 8.25.14

    It is clear that the Gulf states can no longer tolerate Doha’s often rebellious policies toward its neighbors. What is also clear is that Qatar can no longer do anything to gloss over its mistakes in this regard. Nor can it dismiss a number of ... Continue Reading thorny issues related to certain groups and its relationships with them. Would Qatar one day be able to turn around to Hezbollah, the Houthis, the Muslim Brotherhood and others of their ilk and say, “Thank you for your help . . . but we’ve decided to end on our relationship with you now,” suddenly cutting off its ties with all those who use it as a launching pad to harm its neighbors, while at the same Doha protects them and offers them sanctuary? hide

    Libya’s Islamist Militias Claim Control of Tripoli

    Wall Street Journal | AP | 8.25.14

    Libya's Islamist militias said Sunday they have consolidated their hold on Tripoli and its international airport, driving out rival militias to the outskirts of the capital after a weeks-long battle for control of the strategic hub. The ... Continue Reading umbrella group for Islamist militias, calling itself Dawn of Libya, said it has also taken hold of other locations in the capital that were controlled by rival militias. The move draws to a close one... hide

    Mosque Suicide Bomber Kills 13 in Baghdad

    New York Times | Ben Hubbard | 8.25.14

    Shortly after Iraq’s new prime minister-designate called for national unity at his first official news conference on Monday, a man wearing an explosive vest detonated himself inside a Shiite mosque here, killing 13 people and underscoring the ... Continue Reading great challenges the country’s leaders face in trying to hold the country together. hide

    Saudi Electricity says Riyadh capacity to be online by 2017

    Al Arabiya | Reuters | 8.25.14

    State-run utility Saudi Electricity Co (SEC) plans to bring online more than 4,750 megawatts of natural gas-fired generating capacity in Riyadh between 2015 and 2017, the company said on Sunday. One power plant there, known as PP10, will have ... Continue Reading an additional 1,150 MW operational from May 2015, SEC said. Two other plants, PP13 and PP14, with a combined capacity of 3,600 MW, would come online in August 2017. hide

    Saudi Aramco CEO says OPEC will take oil price as it comes

    Reuters | Balazs Koranyi and Joachim Dagenborg | 8.25.14

    The global oil price is market driven, fluctuating with supply and demand and the Organization of the Petroleum Exporting Countries or the International Energy Agency should not try to control it, the chief of Saudi Arabia's state oil producer said. hide

    Saudi Firms That Could Feature on Qualified Investors’ Wish Lists

    Wall Street Journal | Nikhil Loadhe | 8.25.14

    Saudi Firms That Could Feature on Qualified Investors’ Wish Lists Of course, foreigners would still need to qualify to invest in the market. And the regulator also plans to impose foreign ownership limits that could be restrictive – such as an aggregate cap of 10% by market value, which includes any interests ... Continue Reading under swaps as well. hide

    Saudi scholars warn against radical groups

    Gulf News | Habib Toumi | 8.25.14

    Some of Saudi Arabia’s religious scholars have come together in blasting the Islamic State of Iraq and the Levant (Isil). Dr Nahar Al Utaibi, a scholar, said that extremist groups like Daesh were guilty of declaring Muslims as unbelievers and ... Continue Reading acting against them without any religious evidence. hide

    Saudis, Kurds, Hezbollah, Iran: Mideast Rivals Come Together Against ISIL

    BusinessWeek | Peter Waldman | 8.25.14

    Saudis, Kurds, Hezbollah, Iran: Mideast Rivals Come Together Against ISIL Whether the common fight against a mutually reviled foe can help thaw other rivalries—such as the regional face-off between Shiite Iran and Sunni Saudi Arabia—may ultimately depend on how tough a fighting force ISIL turns out to be. Might a ... Continue Reading sustained campaign against the militants have a silver lining of broader cooperation? hide

    Riyadh to get more water next year

    Arab News | 8.25.14

    Riyadh will get 2.8 million cubic meters of water a day around the clock by next year. Riyadh currently gets 2.2 million cubic meters of water daily thanks to projects supported by Riyadh Gov. Prince Turki bin Abdullah bin Abdul Aziz, the Saudi ... Continue Reading Press Agency reported Saturday. hide

    Kidnapped US journalist freed in Syria

    Al Jazeera English | 8.25.14

    An American journalist kidnapped nearly two years ago has been freed in Syria following Qatari mediation and handed over to UN peacekeepers in the Golan Heights. Peter Theo Curtis was handed over to UN peacekeepers in the village of ... Continue Reading al-Rafid, Quneitra, on Sunday. He has since been turned over to representatives from the US government after undergoing medical check-up, the UN said. hide

    The Islamic State isn’t just killing people. It’s destroying a culture.

    The Washington Post | Aki Peritz | 8.25.14

    The Islamic State isn’t just killing people. It’s destroying a culture. The Islamic State makes a deliberate effort to wreck Iraq’s cultural spaces. The group even brags about it; a recent edition of its English-language online magazine, Dabiq , features a photo essay showing many places its fighters have destroyed ... Continue Reading in and around Nineveh province. And what the organization doesn’t bulldoze, it loots; the Sunday Times recently reported that the Islamic State is ransacking archaeological sites and extracting a “tax” on smugglers moving stolen artifacts. hide

    August 22nd, 2014 Edition

    TASI: Announcement regarding the publication for public consultation of the draft Rules for Qualified Foreign Financial Institutions Investment in Listed Shares

    Capital Market Authority (Saudi Arabia) | 8.22.14

    Pursuant to the Council of Ministers’ Resolution No. (388) dated 24/9/1435H (corresponding to 21/7/2014G) which permitted the Capital Market Authority (CMA) to allow Qualified Foreign Financial Institutions to trade listed shares -according to ... Continue Reading the time it deems appropriate and pursuant to the regulations issued by it- and based on the Capital Market Law issued by Royal Decree Number (M/30) Dated 2/6/1424 H, the CMA has prepared the draft Rules for Qualified Foreign Financial Institutions Investment in Listed Shares that sets out the procedures, requirements and conditions for registering the qualified foreign investors with the CMA to trade listed shares, and to specify the authorised persons’ obligations in their dealings with the qualified foreign investors. hide

    Saudi Arabia Drafts Foreign Limits for $580 Billion Bourse

    Bloomberg | Sarmad Khan, Nikolaj Gammeltoft and Arif Sharif | 8.22.14

    Saudi Arabia Drafts Foreign Limits for $580 Billion Bourse The QFIs’ holdings may not exceed 10 percent of the market value, including interests under swaps, they said. The Saudi bourse has a market capitalization of more than $580 billion. “For Saudi to begin like this is a positive start,” Ahmed ... Continue Reading Badr, Dubai-based head of MENA equities at Renaissance Capital Ltd., said by phone. “It’s a big enough slice of the pie.” hide

    Where’s the moderate Muslim majority? Right here on the internet

    Quartz | Bobby Ghosh | 8.22.14

    Where’s the moderate Muslim majority? Right here on the internet By the time of the Arab Spring, a decade after 9/11, the emergence of social media had empowered Muslims to express themselves to astonishing effect. Twitter and Facebook acted as catalysts and organizing tools for the massive demonstrations ... Continue Reading that toppled governments in Tunisia and Egypt. Extremists and radicals—and some of the more sophisticated terrorists—have used social-media platforms as well, but Twitter and Facebook are getting better at weeding them out. hide

    Hunt for Foley’s Killer Spans Old Policing and Tech Tools

    Bloomberg | David Lerman, Michael Riley and Robert Hutton | 8.22.14

    Hunt for Foley’s Killer Spans Old Policing and Tech Tools “You can be absolutely certain that every single international, bilateral and multilateral linkage will be opened up now by the U.S. and U.K. authorities, agencies, and counterterrorism organizations,” said David Livingstone, an associate fellow ... Continue Reading at Chatham House, the Royal Institute of International Affairs in London and a specialist in counterterrorism and cybersecurity. “There will be layer after layer of intelligence for finding data, which can start to narrow down the suspect.” hide

    Pakistan Protest Leader Imran Khan Lashes Out at U.S.

    Wall Street Journal | Saeed Shah and Qasim Nauman | 8.22.14

    The leader of protests against Pakistan's Prime Minister Nawaz Sharif lashed out at the U.S. Thursday, accusing Washington of interfering in the country's political crisis. Cricketer-turned-politician Imran Khan also suspended talks with the ... Continue Reading government that had begun only late Wednesday, saying the administration planned an "aggressive crackdown" on the thousands of demonstrators currently protesting in front of Parliament. Mr. Khan claims that the government came to power after rigging the 2013 elections. hide

    Documented death toll in Syria war at least 191,369 through April 2014: U.N.

    Reuters | Stephanie Nebehay | 8.22.14

    At least 191,369 people have been killed in Syria's conflict through April, more than double the figure documented a year ago and probably still an under-estimate, the United Nations human rights office said on Friday. The U.N. report, based ... Continue Reading on data from four groups and the government that were cross-checked, reflects a reality of killing and torture while the civil war has "dropped off the international radar", U.N. High Commissioner for Human Rights Navi Pillay said. hide

    Iraq’s Mosul dam remains volatile and unstable

    Los Angeles Times | Shashank Bengali | 8.22.14

    U.S. and Iraqi forces have described the three-day operation at the dam as a success. A tour of the area showed the result of U.S. airstrikes: craters in the flat, rocky earth where militants had been dug in, the twisted wreckage of vehicles, ... Continue Reading concrete bunkers blown into chunks. hide