Saudi Arabia is committed to the initial public offering of Aramco: Crown Prince

Saudi Arabia is committed to the initial public offering of Aramco: Crown Prince


Riyadh (AFP) - Saudi Arabia remains committed to the sale of shares of state oil giant Ami through an initial public offering, but only at the appropriate time, Crown Prince Mohamed bin Salman.

"We are committed to the initial public offering of Saudi Aramco under the right conditions and at the right time," Prince Muhammad told the Pan Arab Daily newspaper Asharq al-Awsat in an interview on Sunday.

He reiterated his previous expectation that Saudi Aramco's initial public offering "start in 2020 (late) or 2021", almost two years later than expected.

Saudi Arabia plans to sell 5% of the world's largest energy company and expects to raise up to $ 100 billion.

Prince Muhammad said he is not yet mature to announce where the initial public offering will take place, adding that many sales requests have been successfully completed.

Libya has taken a number of key procedures to prepare for an initial public offering, including the enactment of a hydrocarbons tax law, the appointment of a new board of directors of Aramco and an independent audit of the kingdom's oil reserves, said the Crown Prince.

He said Aramco also opened its books to international rating agencies for the first time, announcing its profit scale and transforming it into a public limited company.

The OPI, which is expected to be the world's largest stock exchange, is the cornerstone of the reform plan envisioned by Prince Mohammed, whose goal is to free the Saudi economy from oil dependence.

Undisciplined passengers crash into stewardesses and vomit en route to the flight from Delta to Paris

Undisciplined passengers crash into stewardesses and vomit en route to the flight from Delta to Paris


The passengers of Delta Airlines Flight 500 from Indianapolis to Paris accidentally visited Detroit on Thursday because an "unruly passenger" caused the aircraft to turn.

The interference occurred after 6 pm. According to federal criminal procedures, Eastern time of the United States. Approximately 40 minutes after boarding the flight to Paris Charles de Gaulle airport, authorities said that Ian Robert James Moline began to "scream and scream, it does not work properly".

According to the complaint, the team tried to calm Moline, but he continued to scream and refused to comply with their demands.

Moline allegedly hit the stewardess in her throat with an open hand. The complaint said it tried to attack the waiter a second time and then launched the plane.

Lisa Gass, a spokeswoman for the Wayne County Airport Authority in Michigan, confirmed the incident in the United States today by email and wrote: "Thursday night, due to a destructive passenger, from Indianapolis to Paris. Delta was transferred to Detroit Metropolitan Airport. "

She added: "The security guard on board could limit the man until the plane landed, the man was arrested and the findings were turned over to the FBI."

Morin, who lives in the suburb of Carmel, north of Indianapolis, appeared in federal court in Detroit on Friday afternoon and was released as bail, said a spokeswoman for the Detroit Prosecutor's Office in the Indianapolis Star.

The Delta told the Indianapolis Star that after the transfer and that Morin was expelled and arrested, Delta Air Lines arranged for other passengers to spend the night at the hotel and resumed eight hours of flights to Paris on Friday morning. The flight is scheduled to land at Charles de Gaulle airport 14 hours later than originally planned.

The airline apologized to the passengers, causing delays and inconveniences.

Huawei said that the US ban will result in a loss of $30 billion in revenue

Huawei said that the US ban will result in a loss of $30 billion in revenue



According to a series of US trade restrictions The Chinese manufacturer of telecommunications equipment and smartphones Huawei expects its revenues to be $ 30 billion lower than expected in the next two years. The founder and CEO Ren Zhengfei was at a round table at the company's headquarters in Shenzhen on Monday. He said

According to the executive, Huawei's production will slow down in the next two years, and revenues this year and next year will be around $ 100 billion. He said that the company's overseas smartphone shipments will fall 40%, which confirms the previous Bloomberg report.

In other words, Ren guarantees that after a period of adjustment, Huawei's production will "rejuvenate" in 2021.

The challenges of Huawei are multifaceted because the "list of entities" of EE. UU Prohibits the purchase of certain Android services from the US chip manufacturers UU And other restrictions. In response, the Chinese giant recently announced that it has been preparing its own backup chip and smartphone replacement operating system for many years.

"We did not expect the United States to attack Huawei with such strong and determined efforts, not only are we prohibited from providing specific components, but we have also joined many international organizations, working with many universities, using any component of the United States and even connecting us. "to the network that uses American parts," Ren said in the group.

The founder said that these unfavorable circumstances exceeded his expectations, but he did not prevent the company from making great advances. "We are like a damaged plane, we only protect its heart and its fuel tank instead of its appendages, Huawei will prove it through the period and the adjustment time, we will take this step and we will be stronger".

The image of the incessant aircraft in difficult times is to adhere to the minds of employees through the small power slogans distributed on the Huawei campus. TechCrunch is a small group of reporters who chatted with Huawei employees about the current situation in the US. UU And China. Many of them expressed Ren's optimistic and flexible attitude.

"I have a lot of confidence in the current situation," said an employee who had worked at Huawei for five years and could not be named because he was not authorized to speak with the media. "My confidence is derived from the way our boss understands and predicts the future."

More cooperation
Ren, 74, has maintained a calm attitude since he founded Huawei, but recently appeared in the media because his company has been increasingly examined by the West. This includes the group's efforts on Monday, known as "Café con Ren," and is known as Ren's first chat to the side.

Along with American technology writer and spokesman George Gilder and MIT Media Lab co-founder Nicholas Negroponte, he believes in a more open and collaborative economy. This can bring greater common interests among nations.

"The West is the first person to devise the concept of economic globalization, this is the right decision, but there will be great waves in this process and we must treat them with correct measures, rather than radical ones."

Gilde believes that "this is what the United States will lift any effort." "I think we have excellent business energy, exceptional creativity and exceptional technology, but cooperation with other countries has always flourished."

"The United States is making a terrible mistake when choosing a company," said Negroponte. "I come from a world that is not interested in trade, business or actions, we value knowledge and want to build on the people we have in front of us, the only way to do it is to be open from the beginning ... in science. early stages, this is not a competitive world. [World] benefits from cooperation. "

"This is an era of games where everyone wins," said an anonymous employee, TechCrunch. He cited the example of network operator China Mobile, which recently announced that it not only bought Huawei, but also bought non-Chinese suppliers Nokia and Ericsson, after the company obtained the first commercial license to deploy 5G networks in the country. .

"I think the most important thing is that we focus on our work," said Ocean Sun, whose mission is to integrate network services for Huawei's customers. He believes that, as employees, his work is "professional, providing clients with the best solution".

"I think the trade war between China and the United States hurts both," suggested Zheng Xining, a Huawei network service engineer in Huawei. "Donald Trump should think twice before [about his decision]."

The attack on oil tankers in the Gulf region has generated concern about the return to the "oil war" in the 1980s.

The attack on oil tankers in the Gulf region has generated concern about the return to the "oil war" in the 1980s.



The alleged Iranian attack on oil tanks in the Gulf of Oman raised global concerns about the "oil war" in the 1980s, when oil tankers were often positioned and American warships and Iranian forces fought for cats and cats.

The shipping analysts said that this week's attack on two oil companies has caused tensions in the Gulf region to be the highest since 1987, when Iraq and Iran began to destroy each other's oil infrastructure and caused the price of oil to rise. maritime insurance will increase.

The end of the tank war was only after the deployment of the largest naval escort team in the United States since World War II to protect Kuwaiti oil tankers and US forces and Iranian ships.

"In the last four weeks, we've had six tank truck explosions in the area, the industry is as close to the conflict as it used to be," said Richard Meade, editor of the Lloyd's Register shipping intelligence agency.

"Since the end of the 1980s, we have not seen oil companies become targets or problems in this way, it is understandable that this industry is very nervous, which is very serious."

At the same time, according to CNN, US officials said Iranian troops tried to shoot down a US drone in the Gulf of Oman shortly before attacking two oil tankers on Thursday.

If confirmed, this attempt will show that Iran is willing to fight the United States directly in the Persian Gulf, rather than against non-US targets to avoid US military reprisals.

According to reports, the drone observed the Iranian ships near two tankers, but did not capture them actually attacked.

According to reports, another US drone. UU It was successfully knocked down by the Hussein rebels who received support from Iran last week in Yemen. The rebels took pictures of a wrecked plane, but the United States has not officially confirmed what happened.

Iranian President Hassan Rohani reiterated his threat on Saturday to undermine the 2015 nuclear deal by restoring high-grade uranium that can be used for nuclear weapons.

Rohani said that unless European signatories of the nuclear agreement find a way to bypass US sanctions and ease Iran's economy in crisis, advanced enrichment will resume in July.

"Iran can not unilaterally defend this agreement," Rohani told Russia, China and other Asian leaders at a meeting in Tajikistan.

He did not mention the tanker incident, but Iran denied this responsibility.

After Labor leaders questioned whether there was solid evidence that Iran was responsible for the attack this week, Foreign Secretary Jeremy Hunt and several other conservative leaders also condemned Jeremy Corbin.

A video published by the United States showed that the Iranian troops tried to hide the evidence of the attack on the tanker. The British government said the Iranian Revolutionary Guard is responsible for "almost certainly."

"There is no reliable evidence of oil tanker attacks, and government comments will only increase the threat of war," Corbyn said.

Mr. Hunt said the comments were "sad and predictable." "From Salisbury to the Middle East, why would you never allow yourself to support British allies, British intelligence or British interests?" Hunt said.

Dominic Raab, Michael Gove and Sajid Javid also criticized Mr. Corbyn's comments. Mr. Rab said that the leader of the Labor Party allowed "his anti-American bias to distort his moral guidance and his political judgment."

German Foreign Minister Heiko Mass also said that the grainy video published by the United States "is not enough" to show that Iran supports the attack. The United Nations requires an independent investigation into what is happening.

Saudi Energy Minister Khalid al-Falih said there must be a "quick and decisive" response to the threat of energy supply from the attack.

The oil war began in 1981, but three years later, Saddam Hussein's forces attacked the Iranian tanker, and Iran responded with a Kuwaiti tanker carrying Iraqi oil, and a full-scale conflict erupted.

In the eight years of fighting, more than 450 ships were attacked. Surprised by the spiraling conflict, the United States placed the Kuwaiti oil tanker under its own protection and deployed 30 warships in the Persian Gulf.

The conflict led to a direct struggle between Iran and the United States, including defamation

Iran says it will violate the enrichment restrictions of the nuclear agreement, which will provoke the attention of the West

Iran says it will violate the enrichment restrictions of the nuclear agreement, which will provoke the attention of the West


Dubai / LONDON (Reuters) - Iran said on Monday it would violate the internationally recognized limit for low-enriched uranium stocks within 10 days - a move that could exacerbate tensions with Washington already highly situation - but added that European countries There is still time Rescue a historic nuclear agreement

The concerns expressed by Iran indicated that Germany urged Tehran to fulfill all its obligations under the 2015 agreement. The United Kingdom said that if Iran violates the restrictions set by the agreement, London will consider "all options".

Close the US allies, Israel, the enemies of Iran, and urge the world powers to quickly tighten the sanctions against Tehran if they exceed the enriched uranium limit.

Tensions in the United States and Iraq are intensifying after the government of US President Donald Trump accused Tehran of attacking two tankers in the Gulf of Oman (a major oil transport route) on Thursday. Iran denies any role.

Chief of the Iranian Armed Forces of the General Staff Mohammad Bakri denied on Monday that Tehran was behind the attack, and said that if the Islamic Republic of Iran decided to block the strategic Strait of Hormuz Strait, it will do so publicly.

Iranian Atomic Energy Organization spokesman Behrouz Kamalvandi on national television that "our enrichment rate multiplied by four, even recently increased the concentration, therefore, 300 kg limit within 10 days it will be finished."

"Iran's reserves are growing at a faster pace every day."

Tehran said in May that it would reduce compliance with the nuclear agreement reached in 2015 with world powers to protest the US decision to withdraw unilaterally from the agreement and re-implement sanctions last year.

The agreement aims to block any route to Iran's nuclear bomb in exchange for most international sanctions.

The agreement requires Iran to curb its uranium enrichment capacity, Iran's low-uranium enrichment inventory is limited to 300 kg of uranium hexafluoride or equivalent to 3.67 percent at the same level for 15 years.

A series of more intrusive UN inspections under the agreement confirmed that Iran has been fulfilling its commitments.

President Hassan Rouhani urged European signatories to accelerate efforts to save the agreement, saying his collapse does not interest the region or the world.

"This is a crucial moment, France can still, and play a historic role in this very short time the other signatories to cooperate with the agreement to save the agreement," Rowhani with the new ambassador of France in Iran Cited in the talks.



The UN caretaker is worried

Kamalvandi told a news conference about Arak's Iranian heavy water nuclear reactor that Tehran could rebuild underground facilities to function properly. Heavy water can be used in the reactor to produce helium, which is the fuel used in nuclear warheads.

In January, the CEO of Iran's nuclear issue, Ali Akbar Salehi to state television, "Although the pipe in the reactor core of Arak pour concrete ... but in the case of breach of agreement in the West, Iran bought the pipeline for its replacement. "

Salehi said that only he and the highest authority in the country, the supreme leader, Ayatollah Ali Khamenei, knew the additional pipeline.

The European signatories of this agreement, France, the United Kingdom and Germany, defended the nuclear agreement as the best way to limit the enrichment of uranium in Iran.

But Iran has repeatedly criticized the delay in establishing a European mechanism that would protect trade with Iran from US sanctions. UU To save the nuclear agreement.

The United States and the International Atomic Energy Agency believe that Iran has its nuclear weapons program abandoned. Tehran denied that there was once.

US Secretary of State Mike Pompey said on Sunday that the United States does not want to go to war with Iran, but will take all necessary measures, including diplomacy, to ensure safe navigation through the Middle route. East.

The International Atomic Energy Agency of the IAEA declined to comment. His boss, Amano Amano, said last week he was concerned that tensions in Iran's nuclear program would intensify and that he hoped to resolve the problem through dialogue.

The Ministry of Foreign Affairs of China did not respond immediately to requests for comments. The Dutch Foreign Minister, Steve Bullock, said on Monday that the EU wants to adhere to the Iranian nuclear agreement, but that Iran must do so.