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12/28/2014 -  Saudi sees no need for sovereign wealth fund, MENAFN
(MENAFN) Saudi Arabia's Finance said that the kingdom does not see the need to create a sovereign wealth fund to manage its oil wealth, adding that its surplus is well invested through the Saudi ...
12/28/2014 -  Saudi government spending up 28.7 percent in 2014, MENAFN
(MENAFN) The Saudi Ministry of Finance said that the government's spending in 2014 reached USD 292.87 million, USD65.23 million or 28.7 percent more than the budgeted amount of USD227.64 billion, ...
12/28/2014 -  Saudi's nonoil GDP growth to average 4.3 percent, MENAFN
(MENAFN) According to the NCB's Saudi Budget Report, the growth of the nonoil GDP is expected to average around 4.3 percent during 2015-2019, as most sectors, mainly manufacturing and construction, ...
12/28/2014 -  Refugees suffer bitter cold of winter in Lebanon, Gulf Times
(MENAFN - Gulf Times)With just blankets to shield them against the icy wind and rain, Abu Ali's family huddles in a flimsy tent in Lebanon-among the thousands of Syrian refugees struggling as winter ...
12/28/2014 -  'Technical failure' caused Jordanian pilot to eject, Gulf Times
(MENAFN - Gulf Times) Technical failure caused a Jordanian pilot captured by Islamic State militants in Syria to eject after flying at low altitude, activists and a monitoring group said yesterday. ...
12/28/2014 -  Oil tanks burn at Libya terminal after firefight, Gulf Times
(MENAFN - Gulf Times)  Three storage tanks at one of Libya's main oil terminals were ablaze yesterday after being hit by a rocket during fighting between Islamists and pro-government forces, ...
12/28/2014 -  Syria air strikes kill 115 civilians, Gulf Times
(MENAFN - Gulf Times) Twenty-six children were among the 115 civilians killed in three days of Syrian government airstrikes, a monitoring group said yesterday, that mainly targeted Islamic State ...
12/28/2014 -  Bahrain opposition chief re-elected, gets summons, Gulf Times
(MENAFN - Gulf Times) Bahrain's main opposition movement Al-Wefaq said Saturday that it had re-elected the leader of the banned shia group, who was summoned by police hours later.

Sheikh Ali ...
12/28/2014 -  IS loses ground to Kurds in Syria's Kobane, Gulf Times
(MENAFN - Gulf Times) The Islamic State jihadist group has lost ground in the Syrian border town of Kobane, where Kurdish fighters now control more than 60 percent of territory, a monitoring group ...
12/28/2014 -  Oman, Dubai trade hits USD4.35b in 9M, MENAFN
(MENAFN) According to the latest figures by Dubai Customs, The value of trade between the emirate and Oman has reached USD4.35 billion during the January-September period of this year, Muscat Daily ...
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