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Saudi Arabia's King Salman has removed the country's veteran oil minister as part of a broad government overhaul. Ali al-Naimi has been replaced after more than 20 years in the role by former health minister Khaled al-Falih. Saudi Arabia, the world's largest crude exporter, unveiled major economic reforms in April, aimed at ending the country's dependence on oil. About...

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The Saudi cabinet has approved sweeping economic reforms aimed at moving the country away from its dependence on oil profits. Just over 70% of revenues came from oil last year but it has been hit by falling prices. One part of the plan will see shares sold in state-owned oil giant Aramco to create a sovereign wealth fund....

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The energy-rich Arab emirate of Qatar is one of the wealthiest countries in the world, with a reputation for lavish spending and generous state handouts. Qatar has bought up banks across the globe, football clubs in Europe, and properties in the heart of London with some of the highest price tags on the planet. But the worldwide energy...

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Developers have announced plans to build a new tower in Dubai to surpass the Burj Khalifa, currently the world's tallest building. Emaar Properties has not announced the height of the proposed tower, saying only that it would be "a notch" taller than the Burj Khalifa's 828m (2,717ft). The $1bn (£710m) project is scheduled to be completed for the Dubai...

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The Qatar-based Al Jazeera media network has announced that it is cutting 500 jobs. It said the job reduction would affect posts worldwide but most of the losses would be in Qatar. Acting director general Mostefa Souag said the decision was "difficult" but the group was "confident it is the right step". Al Jazeera, funded by the Qatari government,...

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Sitting on the world's sixth largest proven oil reserves, Kuwait's 1.3m citizens are accustomed to lavish benefits, such as interest-free housing loans, free education and healthcare, and food and fuel subsidies. But like other Gulf states, the sharp fall in global oil prices has forced the country to consider whether these benefits are luxuries it can no longer...

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Egypt says a search for the resting place of the pharaonic Queen Nefertiti has revealed possible "organic material" inside empty spaces behind two walls in the tomb of Tutankhamun. The antiquities minister said radar scans carried out in November pointed to "different things behind the walls". A more advanced scan will be conducted later this month to ascertain whether...

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On a typical evening at Nanuchka, a popular Georgian restaurant in the middle of Israel's bustling Tel Aviv, music fills the air and alcohol flows freely. Until a few years ago, Nanuchka was just a conventional Georgian pub serving traditional food like khachapuri, a cheesy bread, and khinkali, a meat-stuffed dumpling. But then Nana Shrier, the flamboyant owner...

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Iran and China have pledged closer economic and political ties after talks in Tehran between the two presidents. China's Xi Jinping is the first leader to visit Iran since international sanctions were lifted last week. The two leaders signed 17 agreements on a range of issues from energy to boosting trade to $600bn (£420bn). Iranian President Hassan Rouhani...

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Iran "has opened a new chapter" in its ties with the world, President Hassan Rouhani said, hours after international nuclear sanctions were lifted. The move came after the international nuclear watchdog, the IAEA, said Iran had complied with a deal designed to prevent it developing nuclear weapons. Most Western governments hailed the move but Israel accused Tehran of still...

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