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Saudi Aramco eclipses Alibaba for world's largest IPO

Agence France-Presse
Posted at Dec 06 12:38 PM

Saudi Arabia's state oil company Aramco launched its initial stock offering on Thursday, pricing at the high end of the target range and raising $25.6 billion, two sources told AFP.   Read more »

Oil rises as OPEC weighs deeper output cuts

Ron Bousso, Reuters
Posted at Dec 05 08:18 PM

Oil prices rose on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in an effort to prop up prices and prevent a glut next year.   Read more »

Saudi Aramco pursues war cover after attacks -sources

Carolyn Cohn, Stephen Kalin and Marwa Rashad, Reuters
Posted at Dec 05 02:22 AM

LONDON/RIYADH - Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters.   Read more »

1,000 Pinoy nurse, kailangan sa Germany

ABS-CBN News
Posted at Nov 29 01:25 AM

Mangangailangan ng 1,000 Pinoy nurse ang Germany. Ang buwanang sweldo, aabot ng higit P100,000. Read more »

US, France vie to bolster Gulf security after Saudi oil attack

Stephen Kalin and Ghaida Ghantous, Reuters
Posted at Nov 24 08:38 AM

XThe United States and France are boosting Saudi Arabia's radar systems following crippling drone and cruise missile attacks on Saudi oil infrastructure in September, which Washington blames on Iran.   Read more »

First Saudi woman driver to race car in kingdom

Anuj Chopra, Agence France-Presse
Posted at Nov 23 05:44 AM

DIRIYAH, Saudi Arabia—Sliding behind the wheel of a sleek electric SUV, Reema Juffali is set to blaze a trail in male-dominated motor sports as the first Saudi woman to race in the kingdom. Read more »

A decade of wait: Where are key personalities in the Maguindanao massacre now?

Arianne Merez, ABS-CBN News
Updated as of Nov 22 07:56 PM

Here are some key personalities who figured in the Ampatuan massacre and its backdrop 10 years ago, and where they are now. Read more »

Aramco declares $1.71 trillion valuation in blockbuster IPO

Anuj Chopra, Agence France-Presse
Posted at Nov 18 08:21 AM

Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion.  Read more »

Saudi authorities backtrack on description of feminism as extremism

Reuters
Posted at Nov 13 05:10 AM

RIYADH - Saudi Arabia's state security agency distanced itself on Tuesday from a promotional video that categorized feminism, homosexuality and atheism as extremist ideas, blaming it on an action by individuals. Read more »

3 performers stabbed on stage in Saudi capital: state TV

Agence France-Presse
Posted at Nov 12 07:57 AM

Three performers were stabbed during a play in the Saudi capital Monday and the alleged assailant was arrested, state television said, in the first such incident since the kingdom opened its doors for entertainment. Read more »

3 performers stabbed on stage in Saudi capital: state TV

Agence France-Presse
Posted at Nov 12 05:44 AM

RIYADH, Saudi Arabia—Three performers were stabbed during a play in the Saudi capital Monday and the alleged assailant was arrested, state television said, in the first such incident since the kingdom opened its doors for entertainment. Read more »

Saudi promo video labels feminism, atheism, homosexuality as extremist ideas

Reuters
Posted at Nov 12 05:01 AM

DUBAI—A promotional video published by Saudi Arabia's state security agency categorizes feminism, homosexuality and atheism as extremist ideas, even as the conservative Muslim kingdom seeks to promote tolerance and attract foreigners. Read more »

Twitter spy case highlights risks for big tech platforms

Rob Lever, Agence France-Presse
Posted at Nov 11 07:09 AM

The allegations of spying by former Twitter employees for Saudi Arabia underscore the risks for Silicon Valley firms holding sensitive data which make the platforms ripe for espionage.   Read more »

Saudi Aramco prospectus flags risks, gives few details on IPO size

Reuters
Posted at Nov 10 08:35 AM

Saudi state oil giant Aramco will sell 0.5 percent of its shares to individual retail investors and the government will have a lockup period of a year on further share sales after the initial public offering, its prospectus said on Saturday.   Read more »

Saudi king hosts CIA chief for talks

Agence France-Presse
Posted at Nov 07 11:53 PM

Saudi Arabia's King Salman hosted the Central Intelligence Agency's director Thursday, state media said, after three people were charged in the US with spying on Twitter users critical of the royal family. Read more »

3 charged in US with spying on Twitter users for Saudi Arabia

Agence France-Presse
Posted at Nov 07 08:03 AM

Two former Twitter employees and a third man were charged in San Francisco Federal Court Wednesday with spying on Twitter users critical of the Saudi royal family, the US Justice Department announced. Read more »

Milking it: Investors hope Qatar's desert dairy will be cash cow

Gregory Walton and Anne Levasseur, Agence France-Presse
Posted at Nov 06 01:30 PM

Qatar is now looking to its nascent dairy industry to play a role in the drive to diversify the economy away from oil and gas. Read more »

Saudi Aramco kick-starts what could be world's biggest IPO, offers scant details

Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia, Reuters
Updated as of Nov 04 08:24 AM

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the domestic bourse in what could be the world's biggest listing as the kingdom seeks to diversify its economy away from oil. Read more »

The ANC Brief: Self-restraint in the disputed waters

ABS-CBN News
Posted at Nov 04 04:00 AM

Trade and maritime issues dominate the ASEAN Summit in Thailand. Here are the big stories making the headlines on ANC today. Read more »

Saudi Arabia approves listing of energy giant Aramco

Agence France-Presse
Posted at Nov 03 04:08 PM

Saudi regulators on Sunday approved state energy giant Aramco's request to make its stock market debut, firing the starting gun on the highly anticipated offering which could be the world's largest. Read more »