Butterfly Masala

GoldenFish

Amaco Builders

Middle East

Riyadh, Nov 11: Saudi Aramco launched has its prospectus for the worlds biggest IPO with a potential largest ever company valuation of estimates ranging wildly from $1.2-2.3 trillion, with an India angle-acquiring 20 per cent in Reliance Industries Limited (RIL) oil to chemicals business and an expansion of its upstream business in high growth markets.

In the 658 page...

Tehran, Nov 10: Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over US sanctions.

The announcement by Hassan Rouhani comes as Iran faces...

Dubai, Nov 10: Saudi state oil giant Aramco will sell 0.5 per cent 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.

The more than 600-page prospectus did not include details of how much...

Dubai, Nov 9: Two elderly Indian women have successfully completed a 5-km run on wheelchairs in the UAE, media reports said on Saturday.

Kusum Bhargava, 86, and Eiswari Amma, 78, participated in the Dubai run on Friday, Khaleej Times reported.

Bhargava, probably the oldest participant in the 5-km run, said that it was a great...

San Francisco, Nov 7: Two former Twitter employees and a third man were charged in San Francisco Federal Court with spying on Twitter users critical of the Saudi royal family, the US Justice Department has announced.

The two Saudi citizens and one US citizen allegedly worked together to unmask the ownership details behind dissident Twitter accounts on behalf of...

Abu Dhabi, Nov 5: The UAE’s Supreme Petroleum Council on Monday announced a new pricing mechanism for ADNOC Murban crude, which will be listed on “an exchange,” and also announced a major increases in Abu Dhabi’s oil and gas reserves.

During the meeting held at ADNOC headquarters, the Council revealed the discovery of new hydrocarbon reserves estimated at 7...

Dhahran, Nov 3: Saudi Aramco said Sunday it will list on the Riyadh stock exchange in what could be the world's largest IPO, underpinning Crown Prince Mohammed bin Salman's ambitions to overhaul the kingdom's oil-reliant economy.

After years of delays, Saudi Aramco finally fired the starting gun on the stock market debut, saying it was a "significant...

Riyadh, Oct 29: India and Saudi Arabia are moving from a purely buyer-seller relationship towards a closer strategic partnership that will include the resource-rich Kingdom's investments in downstream oil and gas projects in the country, Prime Minister Narendra Modi has said.

Saudi Arabia is its second-biggest supplier after Iraq. It sold 40.33 million tonnes of crude oil to India...

Riyadh, Oct 29: Prime Minister Narendra Modi arrived in Riyadh late on Monday night on a two-day visit, during which he will attend the third edition of Saudi Arabia's high-profile annual financial conference and hold bilateral talks with top leadership of the Gulf Kingdom.

"Landed in the Kingdom of Saudi Arabia, marking the start of an important visit aimed...

Riyadh, Oct 29: India and Saudi Arabia share security concerns in their neighbourhood and their cooperation on security issues, including counter-terrorism, are progressing well, Prime Minister Narendra Modi has said.

The prime minister, who arrived here on Monday night to attend a key financial conference and hold talks with the top Saudi leadership, made the remarks in...