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Amin al-Nasser, president of state oil giant Saudi Aramco. OZAN KOSE, AFP, GETTY IMAGES
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An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. REUTERS/Faisal Al Nasser
Saudi Insurance Sector Earnings Jump to 100%
Riyadh – Over the last nine months, earnings of Saudi insurance companies have increased 100% in comparison to last year. The insurance sector is expected to be one of the most important sectors participating in the growth of the domestic economy, and consequently the...Caption:
A large diameter pipe that exports fresh water. (REUTERS/Mike Blake)
Saudi Private Sector: USD60 Billion Investment Opportunities in Desalination
Jeddah- Saudi Arabia is planning to create SAR225 billion (USD60 billion) worth of investment opportunities in the desalination sector in the coming five years. Through these opportunities, the Saline Water Conversion Corporation (SWCC) aims at partnering with the...Caption:
Iraqi troops have managed to push within Mosul city limits [Zohra Bensemra/Reuters]
Mosul Battle: Sandstorm Revives ISIS’ Hopes
Baghdad- A sandstorm lashed two days ago in Mosul and ISIS militants considered it a divine message to boost their morals and blur the vision of Iraqi forces. However, the storm faded soon and rain washed away the dust and sand. Governor of Mosul Ahmed al-Jabouri...Caption:
Ingushetia’s leader Yunus-Bek Yevkurov. Reuters