Bloomberg Saudi Arabia is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company” as he forecast an economic rebound after the coronavirus pandemic. The kingdom is looking at the potential sale — which could be worth about $19 billion, based on the company’s market value — as a way to ...

Dubai / WAM Etihad Credit Insurance (ECI), the UAE International Investor Council (UAEIIC), Dubai Exports, the Italian Trade Agency (ITA) and Confindustria, the largest Italian industrial confederation, discussed cooperation in various fields, including increasing exports, Foreign Direct Investment (FDI) and trade finance support between the UAE and Italy. The high-level discussion is in line with Italy’s objective of promoting ‘Made ...

ABU DHABI / WAM The Ministry of Tolerance and Coexistence will host on Saturday, the virtual forum, entitled, “Zayed: A Source of Human Values,” under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence. The forum will be held as part of the ministry’s celebration of the memory of the late Sheikh Zayed bin Sultan ...