Saudi-News-2013-02-12

February 12, 2013

ARABIALINK Daily News – Excerpts from International Media Reports
/Provided as a service from the Saudi-US Trade Group, Washington, DC

E-commerce sales to hit SR 50 bn in 2015

Annual sales of e-commerce in the Kingdom are projected to hit SR 50 billion by 2015, and the Kingdom will become the leading country in the region in this type of business transaction, an e-commerce expert said.Director General of E-Mall Eng Majid Anzan said the volume of e-commerce involving …

5 More Years for Booming King Abdullah Scholarship

US Resets Diplomacy in Middle East

So much for the United States ‘leading from behind’ in the Middle East.Secretary of State John Kerry had already made clear that he, unlike his predecessor, would give Middle East diplomacy his personal priority and announced a trip to the region as early as this month.That seemed news enough, …

Gas prices hit a historic high: What’s driving them up?

A combination of high crude prices, refinery shutdowns, and early speculation has sent gas prices soaring to seasonal highs earlier than usual this year, with no signs of prices at the pump falling until spring, according to recent estimates. Gas prices have climbed every day for the past 25 …

Saudi king appoints new High Economic Council chief

King Abdullah bin Abdulaziz, of Saudi Arabia, appointed on Monday Majid Abdullah al-Moneef as the new Secretary General of the Saudi High Economic Council. Moneef was Saudi Arabia’s Governor to OPEC, Senior Advisor to the Minister of Petroleum and Mineral Resources, a member of the Oxford …

World must allow Syrians to ‘defend themselves’: Saudi FM

Saudi Arabia’s foreign minister on Tuesday said the international community should allow Syrians to ‘defend themselves’ against President Bashar al-Assad’s regime if it is unable to intervene on their behalf. Despite being a close US ally, regional heavyweight Saudi Arabia had not shared …

Inching toward Equal Rights

Women in Saudi Arabia notoriously have fewer rights than men. A major change is being announced that will reduce at least some of that inequality. According to Al Arabiya, now Saudi women can sponsor their foreign-born husbands and children for residency in the Kingdom. The article suggests — …

Saudis the Arab world’s most optimistic people: Study

Saudi Arabia has been ranked as the Arab world’s most future-oriented and optimistic nation, according to a recent international study, prompting a wave of excitement and discussion on the social media. In the ‘Future Orientation Index,’ a study conducted by two professors – Dr. Suzy Moat of …

High capacity desalination plant planned in Rabigh

The Saline Water Conversion Corporation (SWCC) will be building the world’s biggest reverse osmosis desalination plant in Rabigh, Saudi Press Agency reported Monday. The plant, which has been approved by SWCC Governor Dr. Abdulrahman Al-Ibrahim, will have a capacity of 600,000 cubic meters …

Sometimes it Snows in Saudi

The snow in Saudi falls gently on the sand. I look at these pictures in the balmy 30 degrees Celsius weather we have these days, but snow seems to fall yearly on the Laws Mountain… apparently some people believe that it is the mountain that Moses received the ten commandments on, hence the …

Saudi video gets one million hits in 10 days

A video clip posted by blogger Zayed Al-Otaibi received more than a million hits in just 10 days.The clip produced on a poem written by Muhammad Al-Amri and recited by Saleh Al-Hewali, has in fact registered over 1,150,000 visits. Its extraordinary popularity is attributed to the beauty of …

Senate vote on Hagel seen this week, approval expected

Senate Democratic leaders moved ahead on Monday with plans for a vote on Chuck Hagel’s confirmation as secretary of defense, clearing the way for him to become President Barack Obama’s new Pentagon chief despite intense opposition from some Republicans. Senator Carl Levin, chairman of the …

Ahmadinejad Declares Political War – “My Rivals Will Rig the Presidential Election”

Mahmoud Ahmadinejad is not going down without a fight. A big one. Set aside Sunday\’s rituals on the 34th Anniversary of the Revolution with the regime tag-line, ‘Iranians Show Support for Leader’. Set aside the nuclear issue and Ahmadinejad\’s remark on direct talks with the US, which …

The Man Who Killed Osama bin Laden… Is Screwed

For the first time, the Navy SEAL who killed Osama bin Laden tells his story — speaking not just about the raid and the three shots that changed history, but about the personal aftermath for himself and his family. And the startling failure of the United States government to help its most …

Sudan and Saudi Arabia go ahead with deep-sea mining plans

One of the main ventures, the copper and gold Atlantis II project, is already underway and counts with the participation of Canadian Diamond Fields International (TSX:DFI), which received a license in 2010 to explore the area about 115 kilometers west of Jeddah. The company is conducting a …

Militant Threats Test Pentagon’s Role in Africa

Created five years ago to focus on training the armed forces of dozens of African nations and strengthening social, political and economic programs, the Pentagon’s Africa Command now finds itself on a more urgent mission: confronting a new generation of Islamist militants who are testing the …

Lebanon opens oil fields to exploration

Over 40 U.S., European and Asian oil companies have bought the data from Britain-based firm Spectrum, which conducted a 3-D survey of 3,000 kilometers off the Lebanese coast. Royal Dutch Shell Plc, Cairn Energy Plc and Cove Energy Plc are among companies that have expressed interest in …

Syrian rebels capture military airport near Aleppo: opposition

Syrian opposition fighters captured a military airport near the northern city of Aleppo on Tuesday, an opposition organization said.The airport is the latest military facility in the region between Syrias industrial and commercial center and its oil and wheat producing heartland to the east to …

Kingdom keen to cut energy consumption

Minister of Water and Electricity Abdullah Al-Hussayyen said organizing the two-day Saudi Heating, Ventilation, Air-Conditioning Conference & Exhibition in collaboration with the Saudi Energy Efficiency Center came with purpose of sharing knowledge and exchanging experience among experts …

Saudi Arabia allocates $3.9 billion for water projects

The projects aim to enhance water sources, provide sanitary drainage services, construct dams, drill wells, discover and fix leaks, replace older drainage systems and rationalise water consumption. The amounts approved in the current budget will be added to the cost of projects already under …

Saudi oil buyers don’t want additional oil, February output will stay flat

Oil companies that buy Saudi Arabian crude have not requested extra supply and sources in the kingdom say production policy is unchanged – indicating steady output despite a jump in prices to $118 a barrel. Sources at oil companies in Europe, China and Japan told Reuters they have not asked to …

Saudi Tornado fighter crashes in training, pilot survives

A Saudi Arabian Tornado fighter crashed in the kingdom’s Eastern Province during a training mission on Monday, but its crew survived, the defence ministry said.The aircraft crashed at the King Abdul Aziz Airbase in Dhahran while on a ‘routine training mission,’ state news agency SPA quoted a …

EADS unit could face FBI probe over Saudi deal

The FBI is investigating allegations of corruption involving a British unit of aerospace group EADS over a contract in Saudi Arabia for the UK’s Ministry of Defence, the Financial Times said on Monday. U.S. authorities have yet to decide whether to launch an investigation against the unit, …

TASI – 2/12/13 – up .38%

Provided as a service from the Saudi-US Trade Group, Washington, DC

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