Thai PM to visit Saudi Arabia as diplomatic relations thaw

Thai PM to visit Saudi Arabia as diplomatic relations thaw - Reuters

23/1/2022 3:07:00 PM

Thai PM to visit Saudi Arabia as diplomatic relations thaw - Reuters

RIYADH (Jan 23): Thailand's prime minister will visit Saudi Arabia on Tuesday, the Saudi foreign ministry said, in what will be the first high-level meeting between the two countries since a diplomatic row over a jewellery theft nearly three decades ago.Saudi Arabia downgraded its diplomatic relations with Bangkok following the theft in 1989 of around US$20 million of jewels by a Thai janitor working in the palace of a Saudi prince, in what became known as the 'Blue Diamond

RIYADH (Jan 23): Thailand's prime minister will visit Saudi Arabia on Tuesday, the Saudi foreign ministry said, in what will be the first high-level meeting between the two countries since a diplomatic row over a jewellery theft nearly three decades ago.

Saudi Arabia downgraded its diplomatic relations with Bangkok following the theft in 1989 of around US$20 million of jewels by a Thai janitor working in the palace of a Saudi prince, in what became known as the"Blue Diamond Affair".A large number of the gems, including the rare blue diamond, are yet to be recovered.

Read more: The Edge Malaysia »

Saudi digital security firm Elm seeks to raise up to US$820 million at IPODUBAI (Jan 23): Saudi Arabia's digital security firm Elm said on Sunday it has set an indicative price range for its initial public offering (IPO), aiming to raise as much as three billion riyals (US$820 million).Elm, owned by the kingdom's sovereign wealth fund, said in a statement it plans to sell 24 million shares at an indicative price of 113 to 128 riyals per share.Reuters reported in May 2020 plans by Saudi Arabia's Public Investment Fund to go ahead

Saudi digital security firm Elm seeks to raise up to US$820 million at IPODUBAI (Jan 23): Saudi Arabia's digital security firm Elm said on Sunday it has set an indicative price range for its initial public offering (IPO), aiming to raise as much as three billion riyals (US$820 million).Elm, owned by the kingdom's sovereign wealth fund, said in a statement it plans to sell 24 million shares at an indicative price of 113 to 128 riyals per share.Reuters reported in May 2020 plans by Saudi Arabia's Public Investment Fund to go ahead

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