Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has sent a cable of condolences to President Ram Nath Kovind of the Republic of India on victims of flood caused of glacier burst in Uttarakhand, which resulted in deaths, injured and missing person.
In his cable, HRH Crown Prince expressed condolences and sympathy to the President, the families of the deceased and the people of India, wishing the injured a speedy recovery, and the missing a safe return.
SABIC’s Quarterly Net Profits Slumps 94% On Lower Sales Prices
PARIS, France – Petrochemicals firm Saudi Basic Industries Corp (SABIC) said on Tuesday its fourth-quarter net profit slumped 94% on lower average sales prices. SABIC posted a net income of 0.29 billion riyals ($77.28 million) in the three – month period ended Dec. 31, down from 4.97 billion riyals in the year-ago period. Princes across…
Ukraine Gets Support From Saudis With $400 Million Aid Deal
PARIS, France – Saudi Arabia signed agreements worth $400 million with Ukraine on Sunday after the kingdom’s foreign minister made a surprise visit to Kyiv, a movie praised by Washington. Prince Faisal bin Farhan met President Volodymyr Zelenskiy, his chief of staff Andriy Yermak, his Ukrainian counterpart Dymytro Kuleba, and others. He was the highest-ranking…
Saudi Arabia Pauses Wealth Fund Plan To Acquire Egyptian Bank – Sources
PARIS, France – Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, two sources familiar with the matter told Reuters. The pause is the most recent stumble in the vast investment programme promised…
Loading…
Something went wrong. Please refresh the page and/or try again.
ARABIA 5AM NEWS 