HONG KONG, Feb 27 Hong Kong’s stock exchange will bank on its role as a gateway to mainland China’s deep-pocketed investors to take on other leading venues and win the coveted $100 billion listing of Saudi Arabia’s giant state oil company, Aramco, it said on Monday. Charles Li, the CEO of Hong Kong Exchanges and Clearing , said access to Chinese capital and China’s role as the world’s largest importer of oil made Hong Kong a viable contender in the frantic race between listing venues.
Category: Saudi Arabia Travel
UK courts Saudi spenders with new tourism office in Riyadh
The British ambassador to Saudi Arabia , Simon Collis, has expected a rise in joint investment projects between Riyadh and London, hoping the number of Saudi visitors to the United Kingdom would surge after the British Tourism Authority inaugurated its first office in Saudi Arabia. The diplomat told Asharq Al-Awsat that the Gulf countries have always been an important source for the British tourism economy.
Court rejects Trump appeal to restore travel ban
A U.S. appeal court late on Saturday denied an emergency appeal from the U.S. Department of Justice to restore an immigration order from President Donald Trump barring citizens from seven mainly Muslim countries and temporarily banning refugees. Ivor Bennett reports.
Longtime US residents, aspiring citizens caught up in ban
Nour Ulayyet foreground, looks on after her sister Sahar Algonaimi was not permitted to enter the United States while comforting her mother Isaaf Jamal Eddin at Munster Community Hospital Saturday, Jan. 28, 2017, in Munster, Ind.