Tag: riyadh
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Oil prices seesaw in early Asian trade
Singapore, March 11 (AFP/APP): Oil prices seesawed in early Asian trade Wednesday, a day after a strong rebound from a major rout triggered by the start of a price war between Riyadh and Moscow. West Texas Intermediate fluctuated between small losses and gains, with the price hovering around $34 a barrel, while Brent crude was…
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Saudi hosts G20 financial leaders amid coronavirus alarm
Riyadh, Feb 22 (AFP/APP): Finance ministers and central bank governors from G20 nations meet in the Saudi capital Saturday for a two-day gathering to discuss the global economy and the risks from the coronavirus epidemic. Aside from an action plan to shield the world economy from the impact of the outbreak, financial leaders from the…
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Khashoggi’s son welcomes Saudi court verdict over father’s murder
Riyadh, Dec 23 (AFP/APP): The son of murdered Saudi journalist Jamal Khashoggi welcomed a Saudi court verdict Monday that saw five people sentenced to death over the killing, saying justice had been served. “Fairness of the judiciary is based on two principles, justice and swift litigation,” Salah Khashoggi, who lives in the kingdom, said on…
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Saudi court sentences five to death over Khashoggi murder
Riyadh, Dec 23 (AFP/APP): Five people have been sentenced to death over the murder of journalist Jamal Khashoggi, but two top figures investigated over the killing have been exonerated, Saudi Arabia’s public prosecutor said Monday. Khashoggi, a Washington Post contributor, was murdered in October last year in what Riyadh called a “rogue” operation, tipping the…
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Lazio returns to heroes’ welcome as Ronaldo loses first final in over five years
Rome, Dec 23 (AFP/APP): Lazio returned to a heroes welcome in Rome on Monday after their thrilling 3-1 Italian Super Cup victory over Juventus in Riyadh which ended Portuguese star Cristiano Ronaldo’s five-year victorious run in finals. Ronaldo had been on a run of 12 consecutive wins with Portugal, Juventus and Real Madrid going back…
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Saudis resist ‘throwaway’ culture of food waste
Riyadh, Dec 16 (AFP/APP): The plate is designed to make a meal look bigger — a gastronomic illusion and an innovative way to tame Saudi Arabia’s pervasive throwaway culture which results in colossal food waste. Across much of the Gulf lavish displays of food are seen as a cultural totem of generosity and hospitality. But…
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Saudi Aramco stock offering to launch November 17
Riyadh, Nov 9 (AFP/APP): Saudi Aramco announced in a prospectus Saturday that its much-anticipated initial public offering will begin on November 17, with a final share price to be determined on December 5, a day after subscriptions close. After years of delay and false starts, the state-owned company last week said it will sell an…
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Yemen government, southern separatists sign power-sharing deal
Riyadh, Nov 6 (AFP/APP): Yemen’s internationally recognised government signed a power-sharing deal with southern separatists Tuesday, to end a conflict simmering within the country’s civil war. Unrest in the south, which saw secessionist forces seize control of Yemen’s interim capital Aden, distracted the coalition from its battle against rebels and raised fears the country could…
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Saudi Davos investment summit in desert
Riyadh, Oct 29 (AFP/APP): Top finance moguls and political leaders are set to attend a Davos-style Saudi investment summit starting Tuesday, in contrast to last year when outrage over critic Jamal Khashoggi’s murder sparked a mass boycott. Organisers say 300 speakers from 30 countries, including American officials and heads of global banks and major sovereign…
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Floods kill 7 in Saudi Arabia: state TV
Riyadh, Oct 28 (AFP/APP): Seven people have been killed and 11 injured in floods after heavy rain lashed northeastern parts of Saudi Arabia, Al-Ekhbariya state television reported Monday. Rescue services in the northeastern city of Hafer al-Batin, about 100 kilometres southwest of Kuwait, said that 16 people were forced to evacuate their homes. Seven affected…