Wednesday, 18 September, 2019

Saudi Aramco IPO Unlikely This Year As $2 Trillion Valuation In Doubt

Saudi Aramco IPO Unlikely This Year As $2 Trillion Valuation In Doubt Saudi Aramco IPO Unlikely This Year As $2 Trillion Valuation In Doubt
Patty Aguilar | 12 March, 2018, 18:38

The deal, which coincided with the controversial Crown Prince Mohammed bin Salman's visit to the United Kingdom, will see the United Kingdom and Saudi Arabia work together to improve infrastructure in drought and conflict-stricken areas.

But the nation's energy minister suggested in an interview that the offering could be shelved until next year, according to Bloomberg.

In his remarks, the Minister of Defence, Mohammed Dan-Ali said the delegation from Saudi Arabia had already visited the Ministry of Defence, Defence Headquarters and taken a tour of IDP camps in Maiduguri as part of their schedule.

The part-sale was initially planned for late 2018, with a simultaneous listing on Saudi Arabia's own Tadawul exchange as well as one in a second country - with London's stock exchange seen as the favourite to secure it, although NY and Hong Kong are also competing for the listing.

Officials have said they are in the process of recovering $107 billion (87 billion euros) seized in the crackdown, in the form of property, securities and cash, handed over by the suspects in exchange for their freedom.

DeMarco Murray, Jonathan Stewart reportedly meeting with Detroit Lions Monday
Abdullah's 3.3 yards per carry average ranked him next to last in the National Football League of the 48 qualifying running backs. Now, a report has surfaced that the team has scheduled a meeting with another former Pro-Bowl running back: Jonathan Stewart .

Animal rights protesters invade the floor at the Crufts final
Tease, the Whippet, with owner Yvette Short after she was named Supreme Champion at Crufts 2018 at the NEC in Birmingham tonight. An intruder at the Crufts dog show was wrestled to the ground as the competition victor was being announced live on television.

Karachi to host West Indies T20I series in April, confirms Sethi
This will also mark another return of global cricket to the country. PSL final and now three more games for Karachi as per routine. PCB was in efforts to bring cricket back to Karachi .

Middle East Eye has previously reported that several of the detainees - including Prince Miteb bin Abdullah and five other princes, and businessman Amr al-Dabbagh - were tortured while in custody.

Critics have labelled Prince Mohammed's campaign a shakedown and power grab, but authorities insist the purge targeted endemic corruption as the country prepares for a post-oil era.

Saudi King Salman bin Abdulaziz Al Saud on Sunday ordered the creation of specialised anti-corruption units in the public prosecution, the media reported.

During his visit to Egypt, Crown Prince Mohammed became the first Saudi official to visit the spiritual center of Egypt's Orthodox Christian community when he met with Coptic Pope Tawadros II at St. Mark's Cathedral.

Recommended

  • 1 dead, 1 injured after explosion in Austin

    Austin police say a package exploded at a home in east Austin on Monday morning, killing one person and injuring another. Medics said to expect road closures and heavy traffic delays in the area while officials investigate.
    Lille Fans Storm The Pitch After 1-1 Draw With Montpellier

    Lille Fans Storm The Pitch After 1-1 Draw With Montpellier

    Eden Hazard has called on fans at former club Lille to "stay united" with the relegation-threatened Ligue 1 side in turmoil. But over in Ligue One, Lille supporters took it to new extremes after their 1-1 home draw with Montpellier.
    First ever MacBook Air with Retina Display leaks alongside affordable MacBook

    First ever MacBook Air with Retina Display leaks alongside affordable MacBook

    However, the MacBook Air 2018 will come with LG-made Retina Displays, thus, we should expect high-quality displays. LG Display starts mass production of display panels for the new laptop in April.
  • Agrawal's comments on Jaya improper: Sushma

    Agrawal's comments on Jaya improper: Sushma

    Naresh Agarwal has been in the Bahujan Samaj Party, Congress and once even floated his own party -the Loktantrik Congress. With new Rajya Sabha polls looming, Naresh Agarwal was denied a ticket by the Samajwadi Party. "He is welcome.

    Glencore (GLEN) Earns "Outperform" Rating from Credit Suisse Group

    Shares of Glencore ( GLEN ) traded up GBX 6.50 ($0.09) during trading hours on Thursday, hitting GBX 369.80 ($5.11). The stock of Capital & Regional Plc (LON:CAL) has "Buy" rating given on Thursday, March 8 by Numis Securities.
    Who will walk Meghan Markle down the aisle?

    Who will walk Meghan Markle down the aisle?

    The Royal couple are set to tie the knot on May 19 at St George's Chapel in the grounds of Windsor Castle. However, her father - who is based in Mexico - is yet to meet his daughter's fiancé in person.
  • Dolphins Plan To Release Ndamukong Suh

    Dolphins Plan To Release Ndamukong Suh

    The Suh decision comes roughly three years after they signed the defensive tackle to an enormous six-year, $114 million contract. He followed that up by registering 41 tackles and 5.5 sacks in 2016 as he was elected to his fifth ever Pro Bowl appearance.
    Famous Designer Hubert de Givenchy Dies: What Was His Net Worth?

    Famous Designer Hubert de Givenchy Dies: What Was His Net Worth?

    He became close friends with Audrey Hepburn, designing the black dress that she wore in Breakfast at Tiffany's . In 1988, The House of Givenchy was sold to LVMH Moet Hennessy Louis Vuitton.
    Iran will not let its soil be used against Pakistan: Iranian envoy

    Iran will not let its soil be used against Pakistan: Iranian envoy

    The premier said Pakistan believed that a peaceful and stable Afghanistan was vital for economic progress of the region. Khawaja Asif said trade volume between the two countries has reached to five-billion dollars during last two years.
  • Hit-and-run driver tried to get away

    Hit-and-run driver tried to get away

    Dramatic video footage shows the crumpled silver Infiniti SUV attempting to escape after slamming into six cars in Miami Saturday. Even though the SUV was damaged in the crash, its driver put the vehicle in reverse and began moving away from the scene.
    S.Korean envoy briefs China on North Korea

    S.Korean envoy briefs China on North Korea

    Xi told Chung the peninsula was "facing an important opportunity of mitigation and dialogue", according to state broadcaster CCTV. In the meeting, Chung briefed on the results of his recent talks with North Korean leader Kim Jong-un and U.S.
    With Details: Jeff Hardy Arrested This Weekend

    With Details: Jeff Hardy Arrested This Weekend

    However, it's not known if Jeff made an appearance, or the likelihood of him being edited out by WWE if so. It's believed that Hardy will be added to the current feud between brother Matt Hardy and Bray Wyatt .

Ryan Coogler pens tribute to one of his heroes Ava DuVernay Ryan Coogler pens tribute to one of his heroes Ava DuVernay I met her in 2013, but shes one of those people who you feel like youve always known, ? the director wrote in a letter for ESPN . DuVernay's production company worked to finance and distribute independent movies created by women and people of color.

South Africa vs Australia: International cricket second Test South Africa vs Australia: International cricket second Test Trailing by 139 runs, Australia got off to a disappointing start as opener David Warner was clean bowled by Rabada for 13. Even though Maharaj was castled by Hazlewood, de Villiers batted through to take the total to 382 in 118.4 overs.

The danger of tying tariffs to NAFTA The danger of tying tariffs to NAFTA The president and the combative Navarro share the same hard-line views on trade that were a centerpiece of Trump's campaign. He said the auto industry was "systemically relevant" for the German economy, with the US being an important market .

Assassin's Creed Origins: Curse of the Pharaohs Launch Trailer Is Suitably Sinister Assassin's Creed Origins: Curse of the Pharaohs Launch Trailer Is Suitably Sinister The Curse of the Pharaohs is scheduled to release on March 13 for the Xbox One, PlayStation 4, and PC. Four new archery abilities have also been added to the game.

Teen Gets College Scholarship After Random Act of Kindness Teen Gets College Scholarship After Random Act of Kindness Evoni, 18, explained that Adrien Charpentier needed help because his hands were "not functioning too well". The City honored William's good deed by giving her her own day on Thursday.

Goldman Sachs CEO succession clearer with Schwartz retiring Goldman Sachs CEO succession clearer with Schwartz retiring He rose through the firm's trading business and took the top job in 2006 when Hank Paulson left to become Treasury secretary. He also does yoga with his adult daughter, dines out more frequently than some food critics and is a wine connoisseur .

Bose is developing 'AR glasses to hear' Bose is developing 'AR glasses to hear' So who knows, maybe popular brands will be able to implement this into their trendy sunglasses before we can book our 2019 holiday.

Dropbox is staring at a downround IPO Dropbox is staring at a downround IPO Salesforce's venture arm had also invested previously in Dropbox's Series C funding round, data provided by Crunchbase show. "A majority of our registered users may never convert to a paid subscription to our platform", Dropbox said in the filing.

Paul O'Connell On The Main Difference Between Ireland & England Paul O'Connell On The Main Difference Between Ireland & England Machenaud slotted it home and levelled with a 45-metre kick after England were penalised for offside shortly before halftime. Elliot Daly collected the ball out wide and found May inside for the try, which was converted by Owen Farrell.

Beyonce announces OTR II joint tour with husband Jay-Z Beyonce announces OTR II joint tour with husband Jay-Z Beyoncé on Monday shared a series of photos on her official Instagram account about the upcoming tour. The power couple dropped news of their OTR II tour via the superstar's website early Monday morning.

Payback and pay: 'Vengeful' Richard Sherman defends contract with 49ers Payback and pay: 'Vengeful' Richard Sherman defends contract with 49ers In my former contract, no matter what I did this year, nothing would be guaranteed to me next year. The 10-year pro was due to make $6.5 million in salary, with a cap hit of $8.5 million.

Philips Hue smart lightning hits the garden with outdoor lamp options Philips Hue smart lightning hits the garden with outdoor lamp options If you've already bought into the Philips Hue ecosystem, these new lights will work with your existing hardware and lights. United States only: the PAR38 lamp will retail for Dollars 29.99 for a single pack and double pack for Dollars 49.99.

Secretary of State, Rex Tillerson to land in Nigeria today Secretary of State, Rex Tillerson to land in Nigeria today Tillerson's schedule for Saturday also included a site visit to PEPFAR, a USA program that works to fight AIDS in the continent. It is believed that the 2019 general elections will also be part of discussions between Tillerson and President Buhari.

California Special Mustang drops just in time for spring break California Special Mustang drops just in time for spring break A signature Ebony Black and Race Red script California Special badge adorns the trunk lid. Impressed, Ford put a limited number of California Special cars into production for 1968.

Iredell man arrested, charged in 1986 murder of MA teen Iredell man arrested, charged in 1986 murder of MA  teen Authorities would later say Tracy had been brutally murdered, the cause of death most likely from a massive blow to the head. A North Carolina man has been arrested in the 1986 killing of the Massachusetts State Police commander's teenage sister.