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Trump: US needs Saudi Arabia in fight against terrorism

  • US president says he does not want to walk away from the Kingdom 
  • Secretary of State says Turkish president made clear to him that Saudi Arabia is cooperating in Khashoggi investigation
By Arab News ·

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US imposes sanctions on Iraq-based money exchange for Daesh ties

  • The Treasury action followed a Pentagon decision on Oct. 11 targeting a financial group supporting Daesh
By Reuters ·

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Gulf Arab economies to accelerate modestly through 2020 – poll

  • Gulf Arab economies will probably enjoy their best environment for growth since the oil price crash
  • Many economists do not expect oil prices to keep rising in the long term
By Reuters ·

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Sakani program to add 11,000 homes in Jeddah

  • The first project, Rawabi Hijaz, is on private-sector land and will includes 9,502 units
  • The Ministry stressed its keenness to work with qualified developers to add to housing stock
By Arab News ·

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Passengers stranded as Cypriot airline goes bust

  • Cobalt Air said it was canceling all flights from shortly before midnight “due to indefinite suspension of Cobalt’s operations”
  • Cobalt’s grounding comes just two weeks after Latvia-based Primera Air filed for bankruptcy and a month since Belgian airline Skyworks took the same course
By AFP ·

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Saudi Aramco to invest in refinery-petrochemical project in east China

  • This is the third such project in China that Saudi Aramco has set its sight on
  • Last month, Saudi Aramco signed a long-term deal with the Zhejiang project’s operator Zhejiang Rongsheng to supply crude oil
By Reuters ·

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Vidal fined 800,000 euros for Munich nightclub fight

  • Vidal and his half-brother were both found guilty after attacking another man at Munich’s Crowns Club in September 2017, which was reportedly caught on security camera
  • The 31-year-old was not in court in Munich to hear the judge’s verdict as he played in Chile’s 1-0 win over Mexico on Wednesday, which “professionally prevented” his appearance in Bavaria, his lawyer said
By AFP ·

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Facebook’s election ‘war room’ takes aim at fake information

  • Days after the surprise victory of President Donald Trump, CEO Mark Zuckerberg brushed off assertions that the outcome had been influenced by fictional news stories on Facebook
  • Facebook offered reporters a peek into the war room to show off its improved ability to prevent foreign interference in the upcoming US midterm elections
By AP ·

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Postman, shopper, builder: In Japan, there’s a robot for that

  • CarriRo “is designed to roll along the pavements and direct itself via GPS to an address within a two-kilometer radius,” explained Chio Ishikawa, from Sumitomo Corp, which is promoting the robot
  • The lucky recipient of the package is sent a code to a smartphone allowing him or her to access CarriRo’s innards and retrieve whatever is inside — post, medicine or a take-away
By AFP ·