SAUDI ARAMCO IPO

Rumors Abound Regarding Location(s) of Saudi Aramco IPO Listing

The promotion of Prince Mohammed bin Salman means he will be second-in-line to be King of Saudi Arabia.
Saudi Aramco's advisers have recommended London for the historic listing of the oil company, sources familiar with the matter told Reuters in an exclusive report.

Saudi Arabia

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War in Yemen

Saudi military just stopped a missile from hitting Mecca

Yemen's Houthi militias, who the kingdom is fighting along with a coalition of other nations, lobbed the missile toward Mecca, according to Saudi media. The ...

 

Saudi Aramco IPO

Saudi Aramco’s IPO choice: London, New York — or both?

A quadruple listing would be unprecedented — but then everything about the Aramco IPO, the biggest in history, is without precedent. ...

 

Expatriate Tax

Expat levy has little impact on purchasing power, experts say

According to the research surveying 1,500 male expats with families working in various occupations and different income levels, expats will consider the levy as too ...

 

Sukuk Loans

Saudi Islamic banks to reap benefits from sukuk programme

The kingdom’s ministry of finance announced on Monday it had sold 17 billion Saudi riyals of sukuk under its newly-launched programme, which is aimed at ...

 

Makkah/Madina Express

Video: Successful test of high speed train in Saudi Arabia

The railway is around 450 km in length, and will offer a fast-paced, comfortable and secure transportation option for travelers passing through Jeddah and King ...

 

Women's Health

Saudi Arabia will finally allow girls to take PE — that’s a big deal

Saudi Arabia will allow girls to participate in physical education classes for the first time ever, a change experts say illustrates how the government is ...

 

Qatif Unrest

At least five dead during Saudi security operation in Qatif: activists

At least five people have been killed in eastern Saudi Arabia in two days, activists and a family member said on Thursday, as security forces ...

 

Marriage Regulations

KSA’s Shoura Council recommends banning marriages for girls under 15

The recommendation, drafted by Moodhy Al-Khalaf, Latifa Al-Shaalan, Noura Al-Musaed, Issa Al-Ghaith and Fawzya Aba Al-Khail, stressed the need to have strict conditions that would ...

 

War in Yemen

Saudi Coalition Blocks Four Oil Tankers From Entering Houthi Port

The Hudaidah port is currently controlled by the Houthi rebels, a Shiite militant group that is backed by Iran. The Saudi coalition is trying to ...

 

Alcohol in Saudi

We talked to people who drink illegally in Saudi Arabia and Kuwait

We talked to several individuals who live or have previously lived in Saudi Arabia and Kuwait to understand a bit more about how people obtain ...

 

Makkah Real Estate

Makkah real estate market gets a boost in H1 2017

The overall sentiment in the Makkah real estate market was boosted during the first half (H1) of 2017 as the government lifted the quota on ...

 

Saudi-Tunisia

Tunisian-Saudi Joint Commission Paves Way for Stronger Economic Cooperation

Tunisia and Saudi Arabia have agreed to create a company to implement projects in health and services. ...

 

Saudi +

Regional and related topics

Iran Missile Launch

Iran Claims It Launched a Rocket Into Space

Iran successfully launched an advanced satellite-carrying rocket into space on Thursday, the nation’s state news channel announced. Experts describe the “Simorgh” rocket, whose name translates ...

 

Russia in the Region

Putin signs Syria base deal, cementing Russia’s presence there for half a century

The original deal, signed in Damascus in January, sets out the terms under which Russia can use its Hmeymim air base in Latakia Province which ...

 

Qatar Dispute

Middle East freezes out Qatar: What you need to know

A total of nine nations have so far moved to indefinitely sever ties with Qatar --- a country of nearly 2.3 million people, mostly foreign ...

 

Qatar Dispute

How Kuwait Is Surviving the Gulf Crisis

The Kuwaiti emir helping to mediate the conflict is regarded as one of the region's wise, experienced figures, but the country must demonstrate sensitivity to ...

 

Global Middle Class

A golden age for business? Every second five people are entering the global middle class

Today, around 3.3 billion people belong to the global middle class. This is now the world’s largest group, which continues to rise rapidly. In fact, ...

 

Jordan Attack

‘He was trying to kill us’: New video contradicts Jordanian accounts of how 3 U.S. soldiers were killed

It is still unclear what sparked the shootout that led to the deaths of three American soldiers at King Faisal Air Base in Jordan in November. ...

 

Al Aqsa Mosque

Arab foreign ministers vow to never abandon Al Aqsa

Arab foreign ministers pledged to never abandon Al Aqsa Mosque, the third holiest in Islam, during an emergency meeting held in Cairo at the Arab ...

 

Iran Nuclear Agreement

Iranians support restarting nuclear program if US backs out of deal

Iranians’ approval of the 2015 nuclear deal is growing, but so is their appetite for restarting the country’s suspended program if the Donald Trump administration ...

 

Pakistan

Sharif’s Ousting Returns Pakistan to a High-Risk Investor Play

The ousting of Pakistan’s prime minister by the country’s top court dramatically raises the risk profile for investors and businesses in the tumultuous, but fast-growing ...

 

Pakistan

Pakistan PM Nawaz Sharif resigns over Panama Papers verdict

Mr Sharif, who was serving as prime minister for a record third time, was less than a year away from becoming the first in Pakistani ...

 

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