Middle East News

Saudi Prince Alwaleed is King of Tech!

Prince Alwaleed bin Talal bin Abdul Aziz al Saud, the Saudi royal prince has become one of the world's leaders of the information technology industry. As an investor, he holds about $2 billion of Apple, Motorola, AOL, and Teledesic. Which is a paradox, because the prince is a committed value investor, and value investors don't usually own tech stocks. But Alwaleed bought these shares when they were values, finding entry points when they were "hammered," to use his term. And at this very moment the prince is hungrily eyeing another handful of tech stocks for a possible pounce.

 

Posted on 04 May 2007 by admin
India, UAE sign 5 pacts, consolidates business

Tuesday, March 27, 2007, New Delhi: India and United Arab Emirates (UAE) have signed five agreements and resolved to cooperate to make their business ties "number one" in the region.

UAE Vice President and Prime Minister Sheikh Mohammed Bin Rashid Al Maktoum held talks with Prime Minister Manmohan Singh on a wide array of bilateral and regional issues, including intensification of business ties, terrorism and the Middle East peace process.

Posted on 28 Mar 2007 by admin
Bahrain Shaikh in India..Focus on Business!
New Delhi, Mar 18, 2007..The Crown Prince of the Kingdom of Bahrain Shaikh Salman bin Hamad Al Khalifa will begin his official visit to India from tomorrow to strengthen ties between the two countries. During his three-day tour of the country, the Crown Prince will be inaugurating Bahrain's Embassy in Delhi and will also address a select gathering at the Indian Council for World Affairs.
Posted on 18 Mar 2007 by admin
King Abdullah in India..Path breaking visit!

New Delhi/Riyadh..27th Jan 2006:Landmark visit of Abdullah bin Abdulaziz to India is having enough content-it is by a The Saudi ruler in 51 years. India and Saudi Arabia were on opposing sides of the cold war divide, but New Delhi has been an unfortunate beneficiary of Riyadh’s propitious to buy off local Wahhabi fanatics by encouraging them to export their activities aboard. But the cold war is over and Wahhabi extremists are targeting Riyadh itself, which makes the propitious time for New Delhi and Riyadh to emphasis common interest. The most obvious one is oil, and the joint declaration shores up India’s energy security through higher volumes of crude supply that will be made available on long-term contracts.

 

Posted on 26 Jun 2006 by admin

 

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