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Saudi Arabia denies cancelling Aramco IPO

audi Arabia on Thursday rejected reports that Aramco’s planned initial public offering had been scrapped. “The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum,” Energy Minister Khalid Al Falih said in a statement. The plan to float around …

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Pilgrims gather on Mount Arafat for Haj climax

More than two million Muslims gathered at Mount Arafat on Monday for a vigil to atone for their sins and ask God’s forgiveness as the annual Haj pilgrimage in Saudi Arabia approached its climax. Pilgrims clad in white robes signifying a state of purity spent the night in an encampment …

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Canada asks for help in Saudi dispute

Canada is quietly working back channels to prod allies including Germany and Sweden to help resolve its row with Saudi Arabia, a government source confirmed Thursday. The senior official, who asked not to be identified due to the sensitivity of the diplomacy, said Foreign Minister Chrystia Freeland spoke with her …

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Saudis weigh fresh measures against Canada

Saudi Arabia said on Wednesday it was “considering additional measures” against Canada, adding that there was no room for mediation in the kingdom’s escalating diplomatic dispute with the country, and that Ottawa knew what it needed to do to “fix its big mistake”. “There is nothing to mediate. A mistake …

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My son, Osama: Bin Laden’s mother speaks out

On the corner couch of a spacious room, a woman wearing a brightly patterned robe sits expectantly. The red hijab that covers her hair is reflected in a glass-fronted cabinet; inside, a framed photograph of her firstborn son takes pride of place between family heirlooms and valuables. A smiling, bearded …

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Oil heads for a fourth weekly drop

Oil was poised for a fourth weekly decline as the unexpected halt in Saudi shipments through a Red Sea waterway failed to add a significant risk premium to prices, while concerns lingered over how the US-China trade spat will affect demand. US futures headed for a 1.4 per cent decline …

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Aster eyes Saudi Arabia for expansion

Dr Azad Moopen, who has built Aster DM Healthcare from a single-doctor practice into a multinational corporation over the last 30 years, has a stack of awards. He has a gold medal from the medical college where he trained, a top doctor award from the government of Kerala, and one …

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