Page-7 of Saudi Arabia
What is IPO?
Initial Public Offering (IPO) is also known as a stock market launch, is the first sale of shares by a private corporation to the individual and institutional investors. Through this process, a private company becomes or transforms into a public ..
OPEC cuts production to 500,000 barrels per day
On December 6, 2019, the Organization of Petroleum Exporting Countries reached a deal deepening their output cuts. They have set the target as 500,000 barrels a day. The action is being implemented in order to eliminate surplus and bolster crude ..
Month: Current Affairs - December, 2019
Saudi Arabia First Arab nation to take over the G20 Presidency
Saudi Arabia became the first Arab nation to assume the G20 Presidency on Sunday, December 1, 2019. The G20 Presidency was taken over from Japan and will lead up to the fifteenth meeting of Group of Twenty(G20), scheduled to be ..
India First Country to make the entire process for Haj Pilgrims Digital
The Minister of Minority Affairs, Mukhtar Abbas Naqvi and Minister of Hajj and Umrah of Saudi Arabia, Dr. Mohammad Saleh bin Taher Benten have signed a bilateral agreement for the Indian Haj Pilgrims for the year 2020 on Sunday, December ..
India Highest Recipient of International Remittances in 2018
The World Migration Report 2020 published by the Geneva-based International Organization for Migration has reported India as the top beneficiaries of international remittances in the world. According to the report published on 27, November 2019, a total of USD 689 ..
Saudi Arabia allows women to serve in Armed Forces
As the Kingdom of Saudi Arabia embarks on a broad programme of economic and social reforms, the country announced that it will allow women in kingdom to serve in armed forces. This move is the latest in a series of ..