Saturday 6 July 2019

#Qatar's emir to meet with Trump on July 9: QNA - Reuters

Qatar's emir to meet with Trump on July 9: QNA - Reuters:

Qatar’s ruling emir Sheikh Tamim bin Hamad al-Thani will meet with U.S. President Donald Trump in Washington on July 9 to exchange views on the latest regional and international developments, Qatar’s state news agency said on Saturday.

The White House said in June the visit would deal with economic and security ties as well as counterrorism issues.

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed ties with Qatar in 2017, in one of the worst diplomatic disputes in the region in years. They accused Doha of support for Islamist militants and Iran, charges it denies.

UK bangs business drum in #SaudiArabia with LSE in tow - Reuters

UK bangs business drum in Saudi Arabia with LSE in tow - Reuters:

British finance minister Philip Hammond will visit Saudi Arabia on Saturday to promote bilateral business ties, accompanied by London Stock Exchange chief David Schwimmer as Saudi oil giant Aramco revisits a possible listing.

Hammond will have a series of meetings with political and business leaders in Saudi Arabia as part of the British government’s support for economic and social reforms in the Gulf state, his ministry said in a statement.   

Investment banks are scrambling to re-pitch to advise Saudi Aramco, given that it expects a domestic and international initial public offering (IPO) to take place in 2020 or early 2021.