Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares' 10 ...
Saudi restaurants no longer required to segregate women and men
Women in Saudi Arabia will no longer need to use separate entrances from men or sit behind partitions at restaurants in the latest measure announced by the government that upends a major hallmark of conservative restrictions that had been in place for decades. The decision, ...
Saudi Aramco priced its long-awaited IPO at the high end of the target range on Thursday, raising $25.6 billion and giving the energy giant a valuation of $1.7 trillion in the world's biggest stock sale. Aramco priced its initial public offering at 32 riyals ($8.53) ...
Saudi Arabia became the first Arab nation Sunday to take over the Group of 20 (G20) presidency as it seeks to bounce back onto the world stage following global uproar over its human rights record. The oil-rich kingdom has promoted a liberalization drive, including granting ...
Saudi Aramco seeks record-setting IPO with value up to $1.7 trillion
Saudi Arabia's state-owned oil giant Aramco announced Sunday it will sell a 1.5 percent stake in the company as it looks to raise as much as $25.6 billion from the sale, potentially becoming the most-valuable initial public offering in history. The newly released figures also ...
Saudi Arabia's King Salman hosted the Central Intelligence Agency's director Thursday, state media said, after three people were charged in the United States with spying on Twitter users critical of the royal family. The king and Gina Haspel "discussed a number of topics of mutual ...
Saudi Arabia pulls out all the stops to ensure Aramco IPO success
Saudi Arabia is pulling out all the stops to ensure the success of Aramco's initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares in the world's largest oil producer. The kingdom cut taxes on the company for a third time, ...
Suspects in murder of Jamal Khashoggi made 'chilling' jokes before killing, U.N. investigators say
Saudi operatives suspected of killing journalist Jamal Khashoggi at the country's Istanbul consulate were heard joking and talking about dismemberment before his arrival, according to secret tapes heard by U.N. investigators. Helena Kennedy, a British lawyer assisting the U.N. probe into Khashoggi's death, said recordings ...
U.N. expert blasts Saudi prince over denial of Jamal Khashoggi 'state killing'
A U.N. human rights expert who led a probe into the brutal murder of journalist Jamal Khashoggi criticized Saudi Arabia's crown prince on Monday for trying to create "distance" between himself and the execution. Agnes Callamard, the United Nations special rapporteur on extrajudicial killings, was ...
Trump says there are many options short of war with Iran after attacks on Saudi oil infrastructure
U.S. President Donald Trump said on Wednesday there were many options short of war with Iran after U.S. ally Saudi Arabia displayed remnants of drones and missiles it said were used in a crippling attack on its oil sites that was "unquestionably sponsored" by ...
Yemen quagmire shows weakness of impulsive Saudi 'shoot-first' foreign policy
Saudi Arabia is confronting the perils of its combative foreign policy as it slides further into a military quagmire in Yemen, one of a series of strategic missteps under the ambitious crown prince, analysts say. The Sunni kingdom, locked in a battle for regional supremacy ...
Prominent Saudi women's rights activist Loujain al-Hathloul has rejected a proposal to secure her release from prison in exchange for a video statement denying reports she was tortured in custody, her family said on Tuesday. Hathloul, along with at least a dozen other women's rights ...
