RIYADH: Saudi Arabia is planning to sell an additional stake in Saudi Aramco in February, Bloomberg reported on Wednesday citing sources. Reports about the new sale come four years after the Kingdom raised about $30 billion in Aramco’s initial public offering, which was described as the world’s largest-ever stock sale. Bloomberg reported that Saudi Arabia … Read more
OSLO: Norway, a top donor to the UN agency for Palestinian refugees (UNRWA), is urging countries that have cut funding to the agency to consider the consequences of their actions on the population in Gaza, its foreign minister told Reuters on Wednesday. The Nordic country on Sunday said it would maintain its funding to UNRWA … Read more
Newcastle transfer stance sends message as Magpies stand firm after Bayern move for Trippier NEWCASTLE: January has turned out to be an unsettling month for Newcastle United, according to head coach Eddie Howe. Within days of CEO Darren Eales publicly stating two weeks ago that every player at the club has a price, as a … Read more
RIYADH: When Saudi Arabia launched its ambitious roadmap for economic diversification in 2016, there was too much skepticism over its outcome, as the Kingdom had been reliant on crude oil for several decades. Seven years later, the Vision 2030 blueprint has not only facilitated the rise of the Kingdom’s non-oil sector but also fired up … Read more