Industry

Saudi economic forum opens new horizons for young people (Al-Shorfa)

The Jazan economic forum highlighted the importance of young investors, who are expected to have a strong influence on the kingdom’s economic future. [Sultan al-Barei/Al-Shorfa] Young investors took center stage at a recent Saudi economic forum. The event, held February 25th and 26th in Jazan under the theme “Investment Partnerships”, gave participants a chance to […]

Industry

A Wasted Opportunity To Lead In The Middle East (Investor's Business Daily)

Leadership: The U.S. is cutting intelligence to Israel, denying drones to Jordan, freezing military aid to Egypt and annoying Saudi Arabia. Yet these are the boots on the ground in the war against IS. What a waste. A dispassionate observer might just ask which side the U.S. is on in the global war on Islamic […]

Industry

Southwest Sees Higher Q1 Fuel Costs As Crude Rises (Investor's Business Daily)

 View Enlarged Image Southwest Airlines (NYSE:LUV) said Wednesday that it expects fuel costs to be higher than previously expected in the first quarter as oil prices get ready for a possible rebound. The budget carrier now sees fuel costs of $2 per gallon, 10 cents higher than its January estimate. In Q4, Southwest said it paid $2.62 […]

Industry

Saudi Blogger Who Insulted Islam Faces Death: Family (Newsweek)

Badawi’s family says they have information suggesting a Saudi judge will retry the controversial blogger on charges of apostasy.Edgard Garrido/Reuters Raif Badawi, the Saudi Arabian blogger who was sentenced to 1,000 lashes for insulting Islam, may now face the death penalty, his family says. In a statement published on Facebook, Badawi’s family says they’ve “received […]

Industry

Energy News Roundup: California Drought, Saudi Oil Policy & Wisconsin Renewables Slash (Breaking Energy)

Farmers in California are facing another water crisis with the federal government confirming it won’t send any of its reservoir water to the Central Valley. “Many farmers had been bracing for the U.S. Bureau of Reclamation’s announcement as California’s drought enters its fourth year. Some farms are exempt from complete cuts under California’s antiquated water […]

Industry

Foreigners sign MoUs for buying Pak products at Expo 2015 (The Nation (Pakistan))

Foreign delegates participating in the Expo Pakistan 2015 have shown interest in the Pakistani products and number of MoUs signed here on Friday. The signing ceremony was attended by SM Muneer, Chief Executive and Ms. Rabiya Javeri Agha, Secretary TDAP. An MoU has been signed between a Moroccan company, M/s Materials Agricolas Automobiles and Industries […]

Industry

Osama Bin Laden aide convicted over 1998 Nairobi, Dar bomb attacks (Daily Monitor (Uganda))

NEW YORKA New York jury on Thursday convicted Osama bin Laden aide, Saudi exile Khalid al-Fawwaz, over the 1998 Al-Qaeda bombings of US embassies in East Africa which killed 224 people.Prosecutors described 52-year-old Fawwaz as one of bin Laden’s most trusted lieutenants who conspired with Al-Qaeda across three continents for nearly a decade.The verdict followed […]

Industry

PHL-hosted Shell Eco-Marathon Asia 2015 attracts 127 student teams and 127 cars vying for honors (Philippines News Agency)

Shell EcoMarathon Asia 2015 opened its second Philippinehosted festivities with color and high energy under sunny skies right at the other side of the Rizal (Luneta) Park on Friday by welcoming over 120 teams from 17 countries, including newcomers Australia, Bangladesh, Oman and Saudi Arabia. The first crucial morning hours saw tiny cars that looked […]