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Saudi Arabia's corruption crackdown pauses after 200 detained, at least $50...
Saudi Arabia's crackdown on corruption has come to a pause after about 200 people were detained and 2,000 bank accounts were frozen. Authorities expect the crackdown to net $50-100 billion.The...
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Saudi Arabia's power-hungry crown prince sent a proxy to buy a $450 million...
Saudi Crown Prince Mohammed bin Salman is behind the purchase of most expensive painting ever sold at auction.A Leonardo da Vinci painting of Jesus Christ sold for $450 million.Crown Prince Mohammed...
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Tensions in the Middle East keep getting worse
The Gulf Cooperation Council Summit saw tensions rising between Qatar and Saudi Arabia.Saudi Arabia and the United Arab Emirates have been cooperating on their own outside the GCC, causing their...
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Who's fighting who in Yemen, where conflict and political rivalry have...
Yemen's complex history is one of conflict and political rivalry that has continued for nearly a century.A civil war has been raging since 2015.Allied forces are facing an intensified battle against...
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The Trump administration's plans to share nuclear technology with Saudi...
Saudi Arabia is planning to shift to nuclear power and looking for help from the US.The US plan to share nuclear technology with the Saudis has been in the works for years, but has stalled because...
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Trump and Obama both stoked the Iran-Saudi rivalry
Iran and Saudi Arabia's rivalry has consumed the Middle East policy of both President Donald Trump and former President Barack Obama, but both have not managed it well.While Obama was too risk-averse...
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Saudi Arabia to allow movie theaters in 2018
DUBAI (Reuters) - Saudi Arabia said on Monday that public cinemas would be allowed in the conservative kingdom and the first cinemas were likely to open early next year."As the industry regulator, the...
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Saudi Arabia is reportedly planning to hike petrol prices by 80%
Saudi Arabia plans to raise gas and jet fuel prices in January, a person with knowledge of the plans told Bloomberg.Gas prices are set to jump by about 80%, and other fuel types are expected to rise in...
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Saudi Arabia could pay a big price for Trump's decision on Jerusalem
President Donald Trump announced last week the US would recognize Jerusalem as Israel's capital.One close US ally — Saudi Arabia — may pay a big price for Trump’s controversial recognition.Saudi...
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Saudi Arabia ended a 35-year ban on cinemas, pointing to the Crown Prince’s...
Saudi Arabia lifted a 35-year ban on cinemas on Tuesday.The kingdom's lifting of the ban is part of "Vision 2030," a major reform effort spearheaded by Crown Prince Mohammed bin Salman.The Crown...
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How Qatar is handling its conflict with Saudi Arabia
Six months ago, the Gulf Cooperation Council and Saudi Arabia cut diplomatic and economic ties to Qatar.Despite an initial shock to Qatar's economy, the Gulf state's government was able to mostly...
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Saudi Arabia has the best military equipment money can buy — but it's still...
Saudi Arabia has some of the greatest military equipment money can buy, but its military is still not seen as a threat to its longtime rival Iran.Saudi Arabia's military has not proved capable of...
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Saudi Arabia's crown prince, who is leading a crackdown on corruption, bought...
The New York Times reported that Saudi Arabia's Crown Prince Mohammed bin Salman had purchased what was described as the most expensive home in the world.It sold in 2015 for $300 million, but the...
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Belgium just became the first country to make a woman its ambassador to Saudi...
Belgium has appointed a woman as its ambassador to Saudi Arabia making it the first country to do so.It's an apparent show of defiance to the country which is infamous for its restrictive views on...
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Saudi Arabia intercepted a ballistic missile fired by Yemeni rebels towards...
Saudi air defences intercepted a ballistic missile fired towards the capital Riyadh.The Iran-aligned Houthi movement said the missile targeted the royal court at al-Yamama palace.There was no immediate...
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Saudi Arabia is making a huge gamble on oil
Net crude and refined products imports to the US hit record lows last week. They peaked in 2005. The shift symbolizes Saudi Arabia's already waning influence on oil markets. With Mohammad bin Salman...
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Iran is the new superpower in the Middle East
Iran has emerged as the dominant power in the Middle East. It has repeatedly outsmarted and outmuscled its chief regional rival, Sunni Saudi Arabia, as global US leadership has diminished.Most...
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Double world chess champion won't defend titles in Saudi Arabia because of...
Double World Chess Champion Anna Muzychuck will not defend her titles in Saudi Arabia because of how they treat women.Muyzchuk is the defending world champion in two disciplines of speed chess — rapid...
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Saudi Arabia is betting its future on a megacity in the desert
Plans to build futuristic cities in Saudi Arabia are part of the kingdom's ambitious efforts to pivot the economy away from oil. But pinning so much symbolic and material weight on megaprojects is...
View ArticleThe biggest risks facing the world in 2018
Every year, Eurasia Group puts out their Top Risks report, and the world pays attention – from Wall Street to Washington. Here is their ranking for the top risks facing the world in 2018. The following...
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