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Saudis scramble to raise cash for Aramco share sale

From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it offered few listing details. After years of delay and false starts, the state-owned company said on Sunday it...

Turkey announces arrest of al-Baghdadi's sister

Turkey on Tuesday announced the arrest of slain former Daesh/ISIS ringleader Abu Bakr al-Baghdadi’s sister. "The arrest of al-Baghdadi's sister is yet another example of the success of our counter-terrorism operations," said Fahrettin Altun, Turkey’s communications director, on Twitter....

Huge Aramco IPO hounded by big ifs

A long-awaited, mega stock listing of Saudi oil giant Aramco has prompted questions about its true value owing to geo-political risks, and the future of oil in general. Often billed as the world's most profitable and valuable company, Aramco plans to float two percent of its shares on the...

Sudan PM talks of peace on maiden trip to Darfur

Sudan's Prime Minister Abdalla Hamdok said Monday his government was working towards bringing peace to war-torn Darfur as he met hundreds of victims of the conflict who demanded swift justice. Hamdok's one-day visit was his first as prime minister to the devastated region, where a conflict...