Saeed Azhar

Recent and archived articles by Saeed Azhar

13 Jun 2019 | 9:12 PM

Tanker attacks cause jitters among Gulf bond investors

DUBAI (Reuters) - International bonds issued by Gulf Cooperation Council (GCC) states weakened on Thursday after two tankers were hit in suspected attacks in the Gulf of Oman, a month after a similar incident in which four tankers in the region were struck.

27 Mar 2019 | 12:50 PM

Uber buys rival Careem in US$3.1bil deal to dominate ride-hailing in Middle East

Global ride-hailing firm Uber Technologies Inc will spend US$3.1bil (RM12.64bil) to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering.

Careem, founded in 2012, has a larger presence than Uber in the Middle East, North Africa, Pakistan, and Turkey, operating in 98 cities there compared with Uber's roughly 23 locations. — Reuters
13 Oct 2018 | 6:38 AM

U.S.'s Mnuchin to attend top Saudi event, media exit over missing journalist

DUBAI/LONDON (Reuters) - U.S. Treasury Secretary Steven Mnuchin and Wall Street bankers will show up at an elite Saudi investment conference this month despite a growing exodus of top media companies and business leaders after the disappearance of a Saudi journalist.

12 Oct 2018 | 11:15 AM

Media companies, executives drop out of Saudi event over missing journalist

NEW YORK/DUBAI (Reuters) - Media companies are pulling out of a Saudi investment conference because of growing outrage over the disappearance of a prominent Saudi journalist in Turkey.

8 Aug 2018 | 10:52 PM

Saudi-Canada row could further rattle foreign investors eying kingdom

DUBAI (Reuters) - A worsening row between Saudi Arabia and Canada about human rights threatens to undermine Riyadh's foreign investment drive, a campaign already unsettled by a series of assertive political and diplomatic initiatives by the top oil exporter.

28 Jan 2018 | 12:05 AM

Prince Alwaleed's release to reassure investors in global portfolio

(Reuters) - The release of Saudi Arabia's Prince Alwaleed bin Talal, known for his big bets on Citigroup and other top Western companies, is likely to reassure investors in his sprawling international business empire.

9 Nov 2017 | 8:09 PM

Saudi Arabia faces battle to repatriate assets after corruption crackdown

DUBAI/ZURICH (Reuters) - Saudi Arabia has announced it will confiscate money and assets held by dozens of top officials and businessmen detained in an anti-corruption crackdown.

5 Nov 2017 | 10:03 PM

Saudi Prince Alwaleed has invested billions in companies around globe

DUBAI (Reuters) - The detention of Saudi Arabia's Prince Alwaleed bin Talal, known for his big bets on Citigroup and other top Western companies, could have an impact on billions of dollars of investments around the world.

7 Jun 2017 | 7:30 PM

Qataris banned from Qantas flights to Dubai - airline executive

DUBAI/SYDNEY (Reuters) - Qataris will no longer be allowed to land at any airports in the United Arab Emirates or catch connecting flights there as part of increased efforts by Arab powers to isolate the Gulf state.

15 Sep 2015 | 5:30 AM

Behind Singapore ruling party's victory, a rising star

SINGAPORE (Reuters) - Singapore's ruling party is celebrating a resounding re-election victory, thanks partly to its economic Tsar, an ethnic Tamil politician whose voter appeal poses an awkward question for its leaders: can a non-Chinese ever become prime minister?