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Saudi Cup Could Change How Sires Are Ranked
If the winner of the Saudi Cup is by a U.S. sire and goes on to win the $12 million Dubai World Cup Sponsored by Emirates Airline (G1), then the leading sire title is clinched for the year. Even a second in the Dubai World Cup would make it difficult for trailing sires to close the earnings gap.
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Saudi Aramco Open to Share Sales Abroad to Fuel Economic Plans
Saudi Arabia is planning to sell more stakes in state-owned oil producer Saudi Aramco as it looks to raise money to fuel an economic diversification plan, chairman Yasir Al-Rumayyan said. The kingdom, which raised nearly $30 billion last year from Saudi Aramco’s initial public offering in Riyadh, is planning to sell more of its stake in the world’s biggest oil producer, Al-Rumayyan said in an interview with Carlyle Group Inc. co-founder David Rubenstein. Potential future share sales could be held outside Saudi Arabia, he said.
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Saudi cuts March oil volumes to China by at least 500,000 bpd
Saudi Arabia, the world’s top oil exporter, is reducing crude supplies to China in March by at least 500,000 barrels per day (bpd) due to slower refinery demand following the coronavirus outbreak, two sources with knowledge of the matter said. The scale of the reduction underlines the drop in consumption caused by the outbreak in the world’s top oil importer. China normally takes 1.8 million bpd to 2 million bpd of Saudi crude, the sources said.
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Commentary: Khamenei’s New Parliament: Cohesive, But Unrepresentative
The supreme leader’s engineering of Iran's parliamentary elections may help the regime to manage the multiple crises it is facing. But there will be consequences for narrowing the circle of the ruling elites and restricting the path for political participation for Iranian citizens.
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Ethiopia asks U.S. to postpone final talks on Blue Nile dam
Ethiopia has asked the United States to postpone what was expected to be the final round of talks on the giant Blue Nile hydropower dam, it said on Wednesday, delaying the potential resolution of a dispute that sparked a years-long diplomatic crisis.
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Turkey will repel Syrian forces from Idlib posts this week: Erdogan
Turkey plans to push Syrian government forces away from its military observation posts in northwest Syria’s Idlib region this week, President Tayyip Erdogan said on Wednesday, despite advances by Damascus’s Russian-backed military.
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Aramco Is Said to Start Early Preparations for Overseas Listing
The world’s largest publicly traded company is in discussions with Wall Street banks to draw up scenarios for a second listing overseas, according to the people, who asked not to be identified because the information is private. Aramco wants to be ready to move ahead if Saudi Arabia’s de-facto ruler, Crown Prince Mohammed bin Salman, gives the go-ahead to proceed with the plans, the people said.
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Afghan peace talks: The woman who negotiated with the Taliban
Fawzia Koofi's childhood dream of becoming a doctor was dashed when Taliban militants took over Afghanistan in the 1990s. The group, which banished women from public life, imprisoned her husband - and tried to kill her when she later became a politician. But she ended up talking to the Taliban, who are now on the brink of a peace accord with US forces that drove them from power.
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Sports minister launches Saudi Games, Kingdom’s largest sporting event
The event will feature 40 games with the participation of 35 sports federations in 18 venues within Riyadh.
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Delhi, India riots: Anger as judge critical of violence removed
More than 30 people have been killed so far in the deadliest violence the Indian capital has seen in decades. The clashes first broke out on Sunday between protesters for and against a controversial citizenship law in north-east Delhi.
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