Massive Saudi Aramco IPO likely to be delayed until 2019

Massive Saudi Aramco IPO likely to be delayed until 2019

The NY Times report on Monday puts the figure to at least 17 people who were hospitalised for physical abuse.

On Saturday, Reuters reported that Saudi Arabia will work with Egypt and Jordan to attract European cruise companies to operate in the Red Sea during the winter season, noting that Riyadh is negotiating with seven such companies and plans to build yacht marinas.

Saudi's crown prince, Mohammed bin Salman, reportedly spent $450m on a Leonardo da Vinci painting, as well as $320m on a luxury French house.

Saudi Arabian Oil Co, known as Saudi Aramco, was not immediately available for comment. Mojeb has previously said that $107 billion was recovered in the crackdown in various forms of assets that included property, securities and cash.

The detainees included billionaire Prince Al-Waleed bin Talal, former National Guard chief Prince Miteb bin Abdullah, construction magnate Bakr bin Laden and media mogul Waleed al-Ibrahim of the regional MBC cable network.

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He later died in custody, his corpse bearing signs of torture, according to witnesses quoted by the newspaper.

Saudi King Salman has ordered specialised anti-corruption units to be established in the public prosecutor's office, the government said Sunday, several weeks after a sweeping anti-graft purge of the kingdom's elite.

Officials have not made public the charges against suspects detained at the Ritz-Carlton.

"Prince Mohammed spoke a lot of his affection for the Copts", the Pope said, adding that the kingdom's heir to the throne invited him and all Copts to visit Saudi Arabia.

The tour is aimed partly at courting foreign investors.

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