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  • Saudi oil giant Aramco announces world largest IPO

    Saudi oil giant Aramco announces world's largest IPO

    World | December 06, 2019 9:34 IST

    Saudi Arabia has pursued a commitment from wealthy Saudi citizens and regional allies to purchase shares as a gesture of solidarity and goodwill as opposed to an investment decision. Meanwhile, the kingdom's banks were directed to double the leverage limit for loans to investors looking to buy Aramco's shares. Compared to an average leverage-ratio limit for loans of 1 to 1, banks were allowed to lend to retail customers for this purpose at a 2-to-1 ratio.  

  • any threat to saudi arabia will evoke reaction from pakistan

    Any threat to Saudi Arabia will evoke reaction from Pakistan

    World | March 27, 2015 10:14 IST

    Islamabad: Pakistan Prime Minister Nawaz Sharif asserted that any threat to Saudi Arabia's territorial integrity would evoke a strong response from Pakistan.Sharif said this while chairing a high-level meeting at the prime ministers house to

  • yemeni president in riyad en route to summit in egypt

    Yemeni president in Riyad en route to summit in Egypt

    World | March 27, 2015 7:38 IST

    Riyadh: Yemeni President Abdrabbo Mansour Hadi arrived in the Saudi Arabia's capital of Riyadh, media reported.Upon arrival at Riyadh Airbase on Thursday, Hadi was received by Prince Mohammed bin Salman bin Abdulaziz, also the defence

  • riyadh hosts gcc summit to discuss qatar

    Riyadh hosts GCC summit to discuss Qatar

    World | November 17, 2014 7:48 IST

    Riyadh: Leaders of Gulf Cooperation Council (GCC) members gathered in Riyadh Sunday for a summit to discuss issues of common interests, mainly Qatar's policy towards other member countries.The leaders discussed disputes between Qatar and a

  • millionaire keralite vegetable trader arrested in saudi

    Millionaire Keralite vegetable trader arrested in Saudi Arabia

    World | November 14, 2014 12:36 IST

    Dubai: An Indian-origin expatriate, who is a leading trader of fresh vegetables in Saudi Arabia, involving trade running into millions of dollars, has been arrested for allegedly running a cover-up business.  The expatriate from Kerala

  • saudi man divorces wife for not closing car door

    Saudi man divorces wife for not closing car door

    World | September 25, 2014 12:22 IST

    Riyadh: A Saudi man divorced his wife because she refused to close the car door, media reported Thursday.The couple reportedly went out on a picnic and when they returned home, the wife got out, helped

  • ready to jointly combat terrorism in middle east saudi

    Ready to jointly combat terrorism in Middle East: Saudi minister

    World | September 12, 2014 8:51 IST

    Riyadh: Saudi Arabia's Foreign Minister Prince Saud Al-Faisal has said the US and Arab allies were ready for a unified vision to combat terrorism through all means."Today's meeting was a good opportunity for us to

  • yemeni police kill three wound more ahead of talks

    Yemeni Police Kill Three, Wound More Ahead Of Talks

    World | April 20, 2011 8:08 IST

    Sanaa, Apr 19 : Three people were shot dead in Yemen today—one a passer-by—as security forces opened fire to disperse protesters calling for the ouster of embattled President Ali Abdullah Saleh.The latest killings came as

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