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Women sit on Saudi council for first time

Thirty Saudi women took seats in Saudi Arabia’s Shura Council, for the first time in the ultra-conservative kingdom’s history, as they were sworn in before King Abdullah on Tuesday at his palace in Riyadh. The women took their seats in the same room with their 130 male colleagues and were…

Saudi clerics protest king’s move to empower women

A group of hardline clerics protested outside the royal palace in Riyadh against the king’s decision to appoint 30 women to the kingdom’s top advisory body, a YouTube video posted on Wednesday showed. The footage of Tuesday’s demonstration showed clerics protesting what they said were “dangerous changes in the country…

Saudi King appoints woman to advisory council for first time

Saudi King Abdullah appointed 30 women to the previously all-male consultative Shura Council in decrees published on Friday, marking a historic first as he pushes reforms in the ultra-conservative kingdom. The decrees gives women a 20 percent quota in the Shura Council, a body appointed by the king to advise…

Standard and Poor’s downgrades Egypt’s rating

PARIS — Standard and Poor’s downgraded Egypt’s rating on Tuesday to BB-, citing weak prospects for public finances and rising risks to macroeconomic stability during the nation’s political transition. The agency lowered its long-term foreign-currency sovereign credit rating to BB- from BB and said that outlook remains negative. “The downgrade…