Middle East

Dhahran, Nov 3: Saudi Aramco said Sunday it will list on the Riyadh stock exchange in what could be the world's largest IPO, underpinning Crown Prince Mohammed bin Salman's ambitions to overhaul the kingdom's oil-reliant economy. After years of delays, Saudi Aramco finally fired the starting gun on the stock market debut, saying it was a "significant milestone" in the history of the energy giant

Riyadh, Oct 29: India and Saudi Arabia are moving from a purely buyer-seller relationship towards a closer strategic partnership that will include the resource-rich Kingdom's investments in downstream oil and gas projects in the country, Prime Minister Narendra Modi has said. Saudi Arabia is its second-biggest supplier after Iraq. It sold 40.33 million tonnes of crude oil to India in 2018-19

Riyadh, Oct 29: Prime Minister Narendra Modi arrived in Riyadh late on Monday night on a two-day visit, during which he will attend the third edition of Saudi Arabia's high-profile annual financial conference and hold bilateral talks with top leadership of the Gulf Kingdom. "Landed in the Kingdom of Saudi Arabia, marking the start of an important visit aimed at strengthening ties with a valued

Riyadh, Oct 29: India and Saudi Arabia share security concerns in their neighbourhood and their cooperation on security issues, including counter-terrorism, are progressing well, Prime Minister Narendra Modi has said. The prime minister, who arrived here on Monday night to attend a key financial conference and hold talks with the top Saudi leadership, made the remarks in an interview published in

Riyadh, Oct 29: Prime Minister Narendra Modi arrived in Riyadh late on Monday night on a two-day visit, during which he will attend the third edition of Saudi Arabia's high-profile annual financial conference and hold bilateral talks with top leadership of the Gulf Kingdom. "Landed in the Kingdom of Saudi Arabia, marking the start of an important visit aimed at strengthening ties with a valued

New Delhi, Oct 28: India and Saudi Arabia will sign a raft of key pacts to significantly ramp up ties in several key sectors including oil and gas, renewable energy and civil aviation during Prime Minister Narendra Modi's two-day visit to the Gulf nation beginning Monday. The major pacts to be signed included an agreement to launch an India-Saudi Arabia Strategic Partnership Council, an MoU to

Washington, Oct 27: U.S. President Donald Trump on Sunday announced that Abu Bakr al-Baghdadi died during an overnight raid led by U.S. military forces in Syria, a major victory as he fights a Democratic-led impeachment inquiry. Earlier, Trump tweeted that something big has happened today. Under Iraqi-born Baghdadi's rule, Islamic State -- which at one point controlled swathes of Syria and Iraq --

Dubai, Oct 27: In Dubai, anyone caught selling fireworks can be jailed for up to three months, or handed down fines of up to Dh5,000. The Dubai Police, however, have noted that the practice has largely been curbed as a result of awareness initiatives held among the community. In Dubai, event organisers need to have the permission of the Dubai Police and Dubai Municipality before using them

Riyadh, Oct 26: The Misk Media Forum will take place in Cairo on Oct. 26. The forum is organized by the Initiatives Center of the Prince Mohammed bin Salman bin Abdul Aziz Foundation (Misk), which has billed the event as “an empowerment platform for eight startups set to take part.” The event will also feature 45 speakers from 12 different companies. The eight featured startups come from Saudi

Riyadh, Oct 25: Saudi Arabia is the most improved country in the world for doing business, the World Bank said on Thursday. The Kingdom leapt 30 places in the annual survey of business efficiency in 190 countries, and was the top reforming country — the highest ranking since the bank launched its “Doing Business” survey 20 years ago. The country now ranks 62nd in the world, ahead of many larger