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Abdullah laid down rules for Saudi succession RIYADH: The late King Abdullah set new rules for determining the line of succession within Saudi Arabia's vast ruling family to avoid unseemly wrangles in the world's leading oil exporter.The king also established a new mechanism for declaring the reigning monarch or his designated successor unfit to carry out their duties, temporarily or permanently.Abdullah in October 2006 created the "Council of Allegiance" to decide on the succession, a committee of 35 descendants of the kingdom's founder Abdul Aziz bin Saud.Under Saudi law, the monarch must be a son or grandson of Abdul Aziz, who died in 1953. All Saudi kings to date have been his sons.Council membership is limited to Abdul Aziz's sons or a grandson of those who have died or are incapacitated, as well as one son each designated by the king and by the crown prince.The committee, chaired by Prince Mishaal, the oldest surviving son of Abdul ...

Qatar mulls penalising firms over delayed migrant wages DOHA: Qatar is considering imposing penalties against firms that fail to pay migrant workers on time, one of the biggest complaints voiced by rights groups against companies in the Gulf state.The host of the 2022 football World Cup has come under mounting international pressure to improve conditions for migrant labourers working on projects that are to stage the event.Under draft legislation now being considered by the Qatari government, bosses who do not pay their workers ...
Hezbollah chief threatens Israel over Syria strikes BEIRUT: Hezbollah chief Hassan Nasrallah has threatened to retaliate against Israel for repeated strikes on Syria, in an television interview to be broadcast Thursday night.Nasrallah told Beirut-based Al-Mayadeen that his Iran-backed Shiite movement was well armed and always ready to fight Israel, according to excerpts of the interview issued ahead of its broadcast.A key ally of Syrian President Bashar al-Assad, Nasrallah said that Israeli strikes on Syria "target the whole of the resistance axis", which ...
Saudi Arabia condemns deadly attack on Paris satirical magazine DUBAI: Saudi Arabia condemned Wednesday's shooting attack on a French satirical magazine."...The kingdom therefore strongly condemns and denounces this cowardly terrorist act that is rejected by true Islamic religion as well as the rest of the religions and beliefs," the Saudi state news agency SPA said, citing an official source.Copyright Reuters, 2014 ...
Arab League and top Muslim body condemn Paris attack CAIRO: The Arab League and Al-Azhar both condemned a deadly attack Wednesday on a Paris satirical newspaper."Arab League chief Nabil al-Arabi strongly condemns the terrorist attack on Charlie Hebdo newspaper in Paris," the League said after gunmen stormed the weekly's offices killing at least 12 people.Al-Azhar condemned the "criminal attack," saying that "Islam denounces any violence", in remarks carried by Egypt's state news agency MENA.In a separate statement to AFP, Al-Azhar senior official Abbas Shoman ...
US concerned over detention of Bahraini opposition leader ABU DHABI: The US State Department has expressed deep concern over the detention of Bahraini opposition leader Sheikh Ali Salman, warning that the arrest could lead to more tensions in the island kingdom. Sheikh Ali Salman, head of the al-Wefaq Islamic Society, was arrested on Sunday after leading a protest rally against last month's elections which his party boycotted. He was remanded in custody for a further week on Tuesday. "Opposition parties that peacefully voice ...
Syrians on Haj, Umrah visas can stay on ISLAMABAD: The Saudi Arabia has decided to allow Syrians to stay in the country without Iqamas as long as their visit, Haj, or Umrah visas are valid, but they would have to correct their status later.According to the Saudi Minister of Justice Mohammed Al-Issa, the ministry would allow Syrians holding these visas to live here legally.Sources indicate the ministry asked the General Directorate of Passports to inquire into the possibility of granting Syrians this concession, ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln