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June 7, 2024 3:19 PM

Saudi Arabia Crown Prince congratulates PM Modi on triumph in general elections

Saudi Arabia's Crown Prince Mohammed bin Salman has extended congratulations to Prime Minister Narendra Modi on his party's triumph in India's recently concluded general elections, highlighting the strong diplomatic relations between the two nations. "HRH Crown Prince Mohammed bin Salman congratulates the Indian Prime Minister Narendra Modi on his political party's victory in the general elections," the Saudi Ministry of Foreign Affairs stated on Friday. PM Modi is set for an unprecedented thi...

May 30, 2024 4:24 PM

Saudi Arabia may announce landmark Aramco share offering

Saudi Arabia may announce a landmark secondary share offering in oil giant Aramco later on Thursday, pending final approval, people with knowledge of the matter said. Final approval would come from Crown Prince Mohammed bin Salman. The share offering is expected to be launched on Sunday, the sources said. The offering is the culmination of a years-long effort to sell another chunk in one of the world's most valuable companies after its record-setting IPO in 2019 that raised $29.4 billion. Sou...

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