Adani’s essential share sale 85% subscribed as establishments pump in funds

MUMBAI, Jan 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale inched nearer to full subscription on Tuesday as buyers pumped in funds after a tumultuous week for his group through which its shares have been pummeled by a scathing short-seller report. The secondary share sale of flagship Adani Enterprises (ADEL.NS) was subscribed … Read more

Unique: High U.S. Treasury official to warn UAE, Turkey over sanctions evasion

WASHINGTON, Jan 28 (Reuters) – The U.S. Treasury Division’s prime sanctions official on a visit to Turkey and the Center East subsequent week will warn nations and companies that they might lose U.S. market entry in the event that they do enterprise with entities topic to U.S. curbs as Washington cracks down on Russian makes … Read more

Iran reroutes aircraft carrying soccer star’s spouse, blames UK over unrest

DUBAI, Dec 26 (Reuters) – Iranian authorities rerouted a flight sure for Dubai on Monday and prevented the spouse and daughter of former nationwide soccer crew captain Ali Daei, who has supported anti-government protests, from leaving the nation, state media reported. Amid a concerted clampdown, Tehran additionally stated the arrests in Iran of residents linked … Read more

Saudi overseas minister: ‘All bets off’ if Iran will get nuclear weapon

DUBAI, Dec 11 (Reuters) – Saudi Arabia’s overseas minister stated on Sunday that Iran’s Gulf Arab neighbours would act to shore up their safety if Tehran have been to acquire nuclear weapons. Oblique U.S.-Iranian talks to salvage a 2015 nuclear pact between world powers and Iran, which Washington exited in 2018, stalled in September. The … Read more

Twenty oil tankers halted close to Istanbul in insurance coverage dispute

Backlog unsettling oil and tanker markets Turkey says out of query to take insurance coverage danger Yellen says oil from Kazakhstan shouldn’t be focused Ankara says most of ready ships are EU vessels ISTANBUL, Dec 9 (Reuters) – The variety of oil tankers ready within the Black Sea to move via Istanbul’s Bosphorus Strait on … Read more

China’s Xi on ‘epoch-making’ go to to Saudi as Riyadh chafes at U.S. censure

RIYADH, Dec 7 (Reuters) – Chinese language President Xi Jinping started a go to to Saudi Arabia on Wednesday that Beijing stated marked its greatest diplomatic initiative within the Arab world, as Riyadh expands international alliances past a longstanding partnership with the West. The assembly between the worldwide financial powerhouse and Gulf power large comes … Read more

Interpol confirms purple discover for Angolan billionaire Isabel dos Santos

LISBON, Nov 30 (Reuters) – World police company Interpol confirmed on Wednesday it had issued a purple discover for Angolan billionaire Isabel dos Santos, daughter of the nation’s former president, asking international legislation enforcement authorities to find and provisionally arrest her. Dos Santos, who has repeatedly denied wrongdoing, has confronted corruption accusations for years, together … Read more

Unique: Russians, Ukrainians met in UAE to debate prisoner swap, ammonia, sources say

RIYADH, Nov 24 (Reuters) – Representatives from Russia and Ukraine met within the United Arab Emirates final week to debate the opportunity of a prisoner-of-war swap that may be linked to a resumption of Russian ammonia exports, which go to Asia and Africa, by way of a Ukrainian pipeline, three sources with information of the … Read more

Pope Francis thrills small Gulf Catholic community with big Mass

AWALI, Bahrain, Nov 5 (Reuters) – Pope Francis said Mass for thousands of Catholics in Bahrain on Saturday, thrilling members of the small foreign Catholic community from around the Gulf and urging them to show kindness to their hosts, even if they feel sometimes badly treated. The crowd of about 30,000 people that filled Bahrain’s … Read more