He will be among a 15-member squad headed to the United States and West Indies for the tournament starting June 1
cricket9 hours ago
The long-planned initial public offering of a sliver of Saudi Arabia's state-owned oil giant Saudi Aramco will begin this December, a Saudi-owned satellite channel reported on Tuesday, at the start of the kingdom's marquee investment forum.
Saudi Crown Prince Mohammed bin Salman hopes Aramco will draw a $2 trillion evaluation, which would raise $100 billion needed to fund his ambitious development plans for the kingdom.
Stagnant global energy prices and a September 14 attack on the heart of Aramco already spooked some.
The report by Al-Arabiya did not elaborate and cited anonymous sources for the information.
The channel's English arm elaborated, saying that a final price for the stock will be set December 4, with shares then beginning to be traded on the Riyadh-based Tadawul stock market on December 11. It added that the Saudi Capital Markets Authority will make a formal announcement about the IPO plans on Sunday.
"The Aramco IPO is a cornerstone of Saudi Arabia's Vision 2030 plan, which aims to wean the kingdom off its reliance on oil to diversify the economy," the channel said in its report.
He will be among a 15-member squad headed to the United States and West Indies for the tournament starting June 1
cricket9 hours ago
Most EVs promise mileage of 250-500km depending on engine variants and price points
uae9 hours ago
Public health risk low but farm worker vigilance urged; drinking pasteurised milk advised to reduce risk of spread
americas9 hours ago
PSG were dominant in a 2-0 win over Dortmund at home to open their Champions League campaign, but were held to a 1-1 draw in the return leg
football9 hours ago
Company aims to increase dividends by a minimum of 5% every year
energy9 hours ago
Ronaldo, 47, agreed with BPW Sports company to sell the 90% stake he acquired in 2021 for $70 million
football10 hours ago
The decision aims to ensure the safety of teachers as well as students across the country
uae10 hours ago
The facility had been targeted by a drone on Friday in which four workers were killed
energy10 hours ago