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Strategies & Market Trends : Booms, Busts, and Recoveries
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From: elmatador12/29/2004 2:06:46 PM
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Two large blasts were heard in the Saudi capital Riyadh near the Interior Ministry as well as gun fire, witnesses said on Wednesday.
The cause of the blasts was not immediately clear. Witnesses said the blasts were felt up to 2 km (1.25 miles) away from the area.

Large Blasts Heard in Saudi Capital-Witnesses\Wed Dec 29, 2004 01:13 PM ET


RIYADH (Reuters) - Two large blasts were heard in the Saudi capital Riyadh near the Interior Ministry as well as gun fire, witnesses said on Wednesday.
The cause of the blasts was not immediately clear. Witnesses said the blasts were felt up to 2 km (1.25 miles) away from the area.

Saudi Arabia, the world's largest oil exporter, has been battling a wave of al-Qaeda linked violence.

Earlier in the day, Saudi police killed a suspected militant in a shootout in Riyadh and captured two wanted militants after a gun battle in the Red Sea city of Jeddah, state television and security sources said.

It was not clear if the militants were on the list of 26 most wanted militants linked to al Qaeda.

Earlier this month, al Qaeda militants stormed the U.S. consulate in Jeddah, killing five non-U.S. staff in the first attack on a Western mission in Saudi.

An audio tape attributed to Saudi-born al Qaeda leader Osama bin Laden praised the attack, in which four militants were also killed, and called for strikes on oil facilities in the kingdom.

Saudi Arabia has been rocked by a surge of Islamic militant violence since May 2003, in which about 170 people have been killed, including Westerners.
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