RIYADH | SAUDI ARABIA – Saudi Arabian real estate financing firm Amlak International has set the price range for its planned initial public offering (IPO) at between 15 riyals ($4.00) and 17 riyals, it said in a statement on Sunday.
The bookbuilding for the offered shares will start on Monday and will last until June 29, it said.
The company is planning to float 30% of its shares in Riyadh, in what will be the exchange’s first IPO since the coronavirus crisis.
RIYADH – – Saudi Arabia’s interior ministry said on Tuesday it will later announce a date of lifting restrictions on citizens traveling to and from the Kingdom. The Kingdom partially lifted a suspension of international flight on Sept.15, six months after travel restrictions were imposed because of the novel coronavirus pandemic. Saudi authorities had originally … Continue reading TRAVEL | Saudi Interior Ministry To Announce Date Of Lifting Of Travel Restrictions →
MILAN – A video ad from Nike Japan against bullying and racism that features biracial athletes and other minorities, such as those of Korean descent, has prompted a sharp online response including calls to boycott the company. Japan has traditionally prided itself on being racially homogenous, although successful mixed – race athletes such as tennis … Continue reading BUSINESS | Japan Nike Ad On Bullying, Racism Sparks Hot Online Response →
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, has sent a cable of congratulation to Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates (UAE), on the anniversary of his country’s National Day. In his cable, HRH Prince Mohammed Bin Salman wished the … Continue reading BREAKING NEWS | Saudi Crown Prince Congratulated President of UAE on National Day →
HRH Prince Mohammed bin Salman Bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, has sent a cable of congratulation to President Klaus Iohannis of Romania on the anniversary of his country’s National Day. In his cable, HRH Crown Prince Mohammed bin Salman wished the President constant good health and happiness … Continue reading NEWS ALERT | Saudi Crown Prince Congratulates Romania’s President On National Day →
The Kingdom of Saudi Arabia has ranked 6th among the world safest travel destinations, in light of the novel Coronavirus (Covid-19) pandemic, and the only one in the Middle East. This come according to an article published on the Wego Travel Blog website, entitled ‘Safe Placed to Travel During Covid -19 Pandemic”. The classification was … Continue reading TRAVEL | Saudi Arabia Is Among 6 Safest Travel Destinations In World, In Light Of Covid-19 Pandemic →
NEWS ALERT | Jordan’s King Abdullah And Palestinian Leader Abbas Meet, Hope Biden Revives Peace Process
Jordan’s King Abdullah on Sunday met with Palestinian President Mahmoud Abbas and both leaders et high hopes the U.S. President – elect Joe Biden will revive peace talks over a two-state solutions to the decades – old Arab – Israeli conflict, officials said. In a palace statement after meeting with Abbas in the Red Sea … Continue reading NEWS ALERT | Jordan’s King Abdullah And Palestinian Leader Abbas Meet, Hope Biden Revives Peace Process →
White House senior advise Jared Kushner and his team are headed to Saudi Arabia and Qatar this week for talks in a region simmering with tension after the killing of an Iranian nuclear scientist. A senior administration official said on Sunday that Kushner is to meet Saudi Crown Prince Mohammed bin Salman in the Saudi … Continue reading NEWS ALERT | Trump Senior Aide Kushner And Team Heading To Saudi Arabia, Qatar →
France’s State Council, the country’s highest court, on Sunday ordered the government to review a law limiting the number of people in churches during religious services to 30. The Council said in a statement that the measure was not proportionate to coronavirus infection risk. Last week, the government announced that a nationwide lockdown in place … Continue reading NEWS ALERT | France Must Review COVID-19 Crowd Limits On Church Attendance →
RIYADH – – Across town one ice rink has been converted into a COVID-19 hospital, but some Moscow residents took to the ice late on Friday as the city’s biggest outdoor rink opened for winter during the pandemic. The rink in the Soviet – era VDNKh amusement park in northern Moscow opened its doors despite … Continue reading LIFESTYLE | Moscow Opens Its Biggest Outdoor Ice Rink For Winter Amid Pandemic →
MILAN – Qatari Foreign Minister Mohammed bin Abdulrahman Al-Thani condemned the killing of Iranian nuclear scientist Mohsen Fakhrizadeh in a phone call on Saturday with his Iranian counterpart, Mohammad Jawad Zarif, a ministry statement said. Al-Thani extended Qatar’s condolences to the government and the people of Iran and called for self-restraint following Friday’s killing which … Continue reading NEWS ALERT | Qatar Condemns Killing Of Iranian Nuclear Scientist – Statement →
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