Page-5 of Saudi Arabia
SIPRI released “Trends in international arms transfers 2019” report
The Stockholm International Peace Research Institute (SIPRI) recently released its annual “Trends in international arms transfers 2019” report. As per the report, India retained its rank as the world’s second largest arms importers during 2015-19. The five largest arms importers ..
Round-up of Saudi Royals
Senior royals of Saudi Arabia were recently arrested for allegedly plotting a coup against the ruling king and his son. Arrested Royals The authorities had arrested 3 senior royals in Saudi Arabia: Prince Ahmed bin Abdulaziz (the younger brother of ..
Oil Prices plunge by 20% as OPEC fails to make a deal
On March 9, 2020, the prices of crude oil plunged by 20% after OPEC to failed to make a deal in making production cuts. Highlights The Saudi Arabia and its major allies like Kuwait, Iraq and UAE initiated to make ..
Month: Current Affairs - March, 2020
Yusuff Ali becomes first Indian to receive Saudi Green Card
The chairman of the LuLu Group, M A Yusuff Ali recently became the first Indian to receive Saudi Arabia’s premium residency. Abu Dhabi-based Indian retail business-person was also ranked the richest expatriate in the UAE by the Forbes magazine last year. ..
G20 Meeting of Finance Ministers and Central Bank Governors held in Riyadh
The Meeting of Finance Ministers and Central Bank Governors from G20 nations was recently organised in Riyadh from February 22-23, 2020. The delegates from across the world attended the meeting, which focussed on maintaining the growth of global economy amid ..
30 Years Egypt Ruler Mohammed Hosni Mubarak passes away
On February 25, 2020, the Egypt ruler Mohammed Hosni Mubarak died at the age of 91. He was severely ill in the last months of his life. He served as the President of Egypt between 1981 and 2011. Initially he ..