Aramco said on Sunday it will list on the Riyadh stock exchange in what could be the world’s largest initial public offering (IPO), underpinning Saudi Crown Prince Mohammed bin Salman’s ambitions to overhaul the kingdom’s oil-reliant economy. After years of delays, Aramco finally fired the starting gun on the stock market debut, saying it was a “significant milestone” in the history …

KARACHI: Local cement despatches during the July-October period of this fiscal year rose by 2.3 per cent to 13.312 million tonnes while exports grew by 16.48pc to 2.8m tonnes as compared to same period last year. As a result, total cement despatches — local and exports — stood at 16.117m tonnes, up by 4.53pc compared to same period last fiscal …

ISLAMABAD: Pakistan earned $61.850 million by providing different transport services in various countries during the first two months of current financial year (2019-20) as compared to the corresponding period of last year. This shows an increase of 24.60 percent as compared to $49.003 million earned through provision of services during the corresponding period of fiscal year (2018-19), Pakistan Bureau of …

TAL ABYAD: A car bomb killed at least 13 people in a Turkish-held border town in northeast Syria Saturday, as thousands of Kurds in the wider region protested against “Turkish occupation”. The bombing ripped through Tal Abyad, one of several once Kurdish-controlled towns seized by Turkey last month in a deadly cross-border offensive. The blast came despite a truce last week …

The British government called a halt Saturday to the controversial process of “fracking” due to fears it could trigger earthquakes in a surprise U-turn just weeks before a general election. Until now, Britain had hoped that fracking — banned in many countries, but booming in the United States — could help secure its future energy independence. But with just a …

SOFIA: Bulgaria on Saturday said it would summon France´s ambassador to Sofia on Monday over “insulting” comments about immigration by French President Emmanuel Macron sparked outrage. Ambassador Florence Robine would be asked for an explanation of the remarks in which Macron spoke of “clandestine networks of Bulgarians and Ukrainians”, Ivan Dimov, an advisor to Foreign Minister Ekaterina Zaharieva, said. Zaharieva …

WASHINGTON: US President Donald Trump on Saturday brushed off a report of smugglers cutting through his signature wall on the Mexican border, saying it can be “easily fixed.” “We have a very powerful wall. But no matter how powerful, you can cut through anything, in all fairness,” Trump told reporters in Washington prior to his departure for New York. “Cutting …

President Donald Trump has signed off on a plan that continues a dramatic drop in the number of refugees taken in by the US to no more than 18,000 in fiscal year 2020. When the State Department first announced the plan in September religious and humanitarian groups sharply criticised the administration. In the last full year of the Obama administration, …