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Saudi Aramco IPO

 Watch :  https://www.youtube.com/watch?v=QIGC_bYqhB4               https://www.youtube.com/watch?v=g5L297mtAFQ Saudi Aramco, the world's biggest oil producer, has announced that it will float its shares on the Saudi Stock Exchange. The news has been much anticipated by financial analysts around the world. The flotation is causing a lot of excitement among speculators worldwide. Saudi Aramco will allocate up to 0.5 per cent of its shares to individual investors. Experts say it could be the largest IPO (Initial Public Offering) in history. Investors with deep pockets have between November 17 and December 4 to snap up shares in the world's most profitable company. The company is valued at up to $2.3 trillion. In comparison, its rival, the US oil giant Exxon Mobil, has a valuation of a mere $300 billion. Saudi Aramco President and CEO Amin Nasser told the CNBC news agency last week that the company's IPO will help diversify Saudi Arabi...

Women2Drive Day In Saudi Arabia

   Women in Saudi Arabia took part in a protest on Friday against measures that pretty much ban them from driving. Around thirty female, would-be motorists drove their cars in various cities across the country. Their actions were part of a campaign from the Women2drive Facebook site. Manal al-Sharif, who set up the site, was arrested on May 21 and released the following day. She was rearrested after posting videos of herself on YouTube and spent a week in prison. Authorities said she was “inciting public opinion and harming the country’s reputation.” Another woman was given a traffic ticket in the capital Riyadh on Friday, but there were no arrests. Fewer women than expected decided to protest against their inability to drive. Friday’s protest was the latest in a string of incidents of Saudi women driving without a licence and then posting videos of themselves online. Maha al-Qahtani, 39, drove through Riyadh on Friday with her husband in the passenger seat. She said: “This is...

Beer Wars

  DOHA, Qatar – On Saturday evening, on the fifth floor of the Crowne Plaza hotel, one solution to what has become the World Cup’s first-week crisis is revealed. The answer lies in the name of this establishment: Brewskis and Grub, a restaurant that serves pub food, is decorated with flags from all over the world, plays soccer on its myriad flatscreens and delivers something that has been endlessly debated. Beer . When Brewskis opens at 5 p.m., it’s empty, save for a staff from all over the world. In the corner, near the bar, there’s a sign made from light bulbs that glows like a water station in the, well, desert. BEER YOURSELF it says in neon lights, next to an image of a frosty mug with a slogan— it’s ok to tap it !—glowing red inside. The sign is literal, in that there are taps below it. Those taps work with cards that can be purchased. Grab a frosty mug, place the card against a scanner, pour, watch the balance whittle away by the ounce and … voila. It’s time to go full Homer ...