Author: Web Desk
Dubai, May 31 (Reuters) – Saudi Arabia, its desire to unlock more international capital likely driving it, is poised to begin accepting orders for as much as $13. 1bn of shares in oil colossus Aramco (2222. SE) from Sunday. This sale demonstrates the kind of appeal in the Saudi market, especially given Aramco’s unprecedented IPO in 2019. The kingdom and Aramco spelled out the strategy on Thursday, with the intention to offer up to 0. 7% of floating stake in the state controlled oil company, of which, 10% shall represent the share for retail buyers. The order-taking will be available…
To boost the collection of criminal fines that have for long being a bone of contention between Kuwait and expatriates, Kuwait has issued a travel ban to expatriates who have been involved in financial cases. The Public Prosecutor Counselor Saad Al-Safran made the revelation through the Administrative Resolution number 167/2024 to forestall the state from losing uncollected fines by virtue of the statute of limitations. The decision resulted from prior recommendations made by a special committee intended on enhancing the performance in managing the collections of the criminal fines payable to the state treasury. The travel ban targets expatriates in…
We’re at the halfway point of the year… Can you believe that? We don’t want to. The year 2024 has been a roller coaster of a ride so far, and we don’t think it’s slowing down any time soon. While life and living is a whirlwind, Netflix can be your moment of calm, winding down at the end of the day with a hot dinner and someone you love by your side. Sounds like a dream to us. Fortunately for us, Netflix has a fresh drop of titles to binge – bring on the summer. Series Bridgerton: Season 3 Part…
Dubai: Tanfeeth+ programme has been launched by the Dubai courts to revolutionize the process of initiating and implementing the judicial execution requests of the civil judgments by speeding up the process to the maximum. This new system is capable to perform these processes is just a seconds, while the previous timeframes could be in days, weeks or even in months. The move was included as part of Dubai Courts’ three-year strategic plan devised to improve the execution of civil judgements and also the efficiency of its services. Assuming this new role is integrated into the Dubai Courts website, it will…
RIYADH – With new trends of entertainment growing in Saudi Arabia rapidly, the Hollywood community has finally woken up fully and has taken note of this rising economy of entertainment said Sheeraz Hasan, Founder and CEO of Hollywood based Fame by Sheeraz. Hasan , who is a guest on the Hussam Al-Mayman show (Arab News) has also noted an increased focus on taking the entertainment sector by storm. In his opinion, the current trend is Saudi Arabia, Hasan commented. “Everyone is discussing agents, managers, publicists, and celebrities so This talk cannot be ignored, which is why I received an invitation from many…