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Saudi King issues royal orders, appoints son as special advisor

Saudi King issues royal orders, appoints son as special advisor The King also issued orders to appoint Iman Al-Mutairi as deputy minister of commerce, making her the first woman to hold this position in Saudi Arabia. By Sakina Fatima| Published: 4th May 2021 6:27 pm IST Saudi monarch, King Salman bin Abdulaziz Al Saud Riyadh: The Saudi monarch, King Salman bin Abdulaziz Al Saud, on Monday, issued royal orders, one of which includes appointing his son Prince Sultan as his special advisor, as well as naming a minister for the economy. The official Saudi Press Agency reported that King Salman appointed his son Prince Sultan bin Salman as a special advisor to him with the rank of minister and chairman of the board of trustees of the King Salman Foundation (a non-profit charitable organization).

Saudi arabiaAr riyaEiman al mutairiMuhammad al jadaanKing salmanMuhammad al tuwaijriAbdullah alAmer alsuahhAbdulaziz al saudMohsen al ibrahimDevelopment affairsSpace administrationKing salman foundationSaudi commissionCouncil of economicSaudi space authority

UK to freeze assets, issue travel bans on corrupt in new law

UK to freeze assets, issue travel bans on corrupt in new law by MARTIN MWITA Image: COURTESY •The Global Anti-Corruption Sanctions Regulations 2021 now likely to catch up with some wealthy Kenyans stashing millions abroad. •As of November last year, wealthy Kenyans were reported to be hiding more than $4.2 billion (Sh452.9 billion) in offshore accounts. The United Kingdom has set the stage for major freezing of assets and travel bans on corruption suspect under a new law that could affect some Kenyans. The ‘Global Anti-Corruption Sanctions Regulations 2021’, under the powers of the Sanctions and Anti-Money Laundering Act 2018, gives the UK powers to prevent those involved in corruption from traveling to its territory or using its financial system.

United kingdomBritish islesUnited kingdom generalNairobi areaCity ofTheresa mayJohn prendergastDominic raabUhuru kenyattaSamuel gichuruChris okemoDevelopment affairsGlobal alliance for tax justiceTax justice networkWorld bankInternational settlements

Aramco in talks to sell 1% stake to global firm: Crown Prince

Aramco in talks to sell 1% stake to global firm: Crown Prince RIYADH, 3 hours, 47 minutes ago Saudi Arabia is in discussion to sell about 1% of Aramco to a leading global company and this will be a very important deal that will boost Aramco s sales in the country of that company, said His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Council of Economic and Development Affairs. Discussing the most important achievements of the Kingdom s Vision 2030 programmes and projects over the past five years, in an interview with state television, he said he cannot reveal the name of the company at this moment. It will boost Saudi Aramco industries and enhance the demand for Aramco products in that country as well as the company. There are also discussions with other companies to buy shares in a part of Aramco s assets that may be transferred to the Public Investment Fund, he said.

Saudi arabiaAr riyaKingdom of saudi arabiaAbdulaziz al saudPublic investments fundSaudi aramcoDevelopment affairsCouncil of economicPublic investment fundHis royal highness prince mohammedCrown princeDeputy prime ministerState treasuryRade arabiaIddle east trade newsCc business news

Aramco in talks to sell 1% stake to global firm: Crown Prince

Aramco in talks to sell 1% stake to global firm: Crown Prince
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Saudi arabiaAr riyaKingdom of saudi arabiaAbdulaziz al saudPublic investments fundSaudi aramcoDevelopment affairsCouncil of economicPublic investment fundHis royal highness prince mohammedCrown princeDeputy prime ministerState treasuryசவுதி அரேபியாகிஂக்டம் ஆஃப் சவுதி அரேபியாஅப்துலஜிஸ் அல் ஸாட்