Saudi Arabia will host its first ever golf tournament for women from March 19-22 next year at the Royal Greens Golf & Country Club in Jeddah, with 108 professionals set to participate.The Ladies European Tour (LET) event will be staged in collaboration with Golf Saudi and the Saudi Golf Federation and will carry a winning purse of $1 million.“I’m incredibly excited by this announcement and it is an honour for the Tour to be part of history in bringing the first-ever professional women’s golf event to Saudi Arabia,” LET CEO Alexandra Armas said in a statement.“Confirmation of adding Saudi Arabia to our schedule for 2020 is an exciting prospect... and having seen the quality of the event staging for the Saudi International, I am sure this will be a fantastic experience for our players.”A number of golfers have been roped in as ambassadors to promote the sport in the country, including Britain’s Carly Booth, … [Read more...] about Saudi Arabia to host first-ever women’s golf tournament in March 2020
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Saudi Aramco shares zoomed higher on Thursday, turning the massive state oil producer into the world's first $2 trillion company and achieving the valuation long sought by Crown Prince Mohammed bin Salman. The stock gained 10% for a second consecutive day, reaching 38.70 riyals ($10.32) per share before giving up some of its gains. Saudi Aramco has gained roughly $300 billion in value since its shares debuted on the Riyadh stock exchange on Monday in the biggest initial public offering on record. It's by far the most valuable company in the world, dwarfing runner up Apple, which is worth around $1.2 trillion. The vast majority of buyers for the stock are in Saudi Arabia. Samba Capital, which managed the IPO, said Tuesday that 97% of retail investors who received shares were from the country. And more than 75% of shares sold to institutional investors went to Saudi companies, funds and government institutions. The $2 trillion valuation was a priority for the crown prince ever since he … [Read more...] about Saudi Aramco Gives the World Its First $2 Trillion Company. But For How Long?
In a special gesture, Prime Minister Narendra Modi on Tuesday received at the airport in New Delhi Saudi Arabia's Crown Prince Mohammed bin Salman, signifying importance India attaches to the visit by the leader of the powerful Gulf nation. The Crown Prince arrived in New Delhi on a less than 30-hour visit, a day after concluding his high-profile tour of Pakistan where he said dialogue was the only way to resolve 'outstanding issues' between India and Pakistan. In a tweet, Modi said India is 'delighted to welcome' the Crown Prince of Saudi Arabia. After Salman's arrival, External Affairs Ministry spokesperson Raveesh Kumar tweeted, 'A new chapter in bilateral relations. Breaking protocol, PM @narendramodi personally recieves HRH Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince of Saudi Arabia as he arrives on his first bilateral visit to India!'The Saudi leader had returned to Riyadh from Pakistan. He and Modi will hold extensive talks on Wednesday during which India is … [Read more...] about Breaking protocol, Modi receives Saudi Crown Prince at airport
MIAMI: A Saudi air force trainee opened fire Friday at a US naval base, killing three people before being shot dead by police, with the country's king quickly offering his condolences to President Donald Trump. The shooting, which took place in a classroom building at Naval Air Station Pensacola in Florida, left eight people wounded, including two sheriff's deputies who responded to the attack. Florida Governor Ron DeSantis said the shooter was from Saudi Arabia — the same nationality as 15 of the 19 men involved in the 9/11 attacks, some of whom attended civilian flight school in Florida. "There's obviously going to be a lot of questions about this individual being a foreign national, being a part of the Saudi air force and then to be here training on our soil," DeSantis told a press conference. "Obviously the government of Saudi Arabia needs to make things better for these victims. And I think they are going to owe a debt here given that this is one of their individuals." … [Read more...] about Saudi military student kills three at US naval base
Rakshit Desai, Managing Director, FCM Travel Solutions India, Flight Centre Travel Group Australia’s Indian subsidiary, answers your questions on Travel — howtos, trends, recommendations and more. Send in your questions to: [email protected] I am an Indian passport holder and have an Australian visa. I am travelling from Mumbai to Melbourne via Kuala Lumpur with a long layover. Which Visa do you recommend to enter Malaysia? If you plan to leave the airport in Kuala Lumpur during your layover and explore the city, I would suggest you get a visa before your departure from Mumbai. Alternatively, you can get an "On Arrival Transit Visa" when you land in Malaysia, although its successful issuing will depend on your immigration officer. I and my partner have our wedding towards end of April 2020. Basis our research we understood that it would be a good time to visit Europe. Can you help us select some good destinations and an itinerary? Europe has now become a … [Read more...] about Ask the travel expert: Which places would be ideal for a visit in Europe during April?