Aramco to acquire Sabic stake for $69B
29 March 2019 | 8:17 am
Saudi Aramco will buy a majority stake in chemical giant Sabic from the kingdom’s sovereign wealth fund for over $69B. This is the Middle East’s biggest ever deal. It will transfer a big slug of cash from one arm of the state to another to finance Crown Prince Mohammed bin Salman’s economic agenda.
12 mins ago
The Turkish lira is in free fall — with devastating consequences for people in the Syrian region of Idlib. 46-year-old Khadija needs two jobs to provide for her family.
12 mins ago
A historic trial against members of Bashar al-Asad's regime has moved on to its main defendant. Germany is holding the trial under the principle of universal jurisdiction.
25 mins ago
This week, Twitter co-founder Jack Dorsey announced he was stepping down as CEO, and named Parag Agrawal, the company's chief technology officer, as his replacement. Agrawal has played a key role in driving the "re-acceleration" of Twitter's growth and helped oversee its fledgling cryptocurrency initiatives and machine learning efforts, a possible nod to why the Indian-American may have been the top choice for the CEO position.
1 hour ago
France's prominent Le Petit Robert dictionary, considered a linguistic authority in the country, recently added a new pronoun to its online edition. The word is "iel", a gender-neutral merging of the masculine "il" (he) and the feminine "elle" (she). This new pronoun, intended for those who identify as neither male nor female, is already used online and by younger generations. But the move to include it in the dictionary provoked a backlash from politicians and linguists. One vocal critic of the new pronoun is French Education Minister Jean-Michel Blanquer. He says it's the latest expression of "wokism" which, he claims, threatens France's universalist model. We take a closer look.
1 hour ago
In this edition of Perspective, engineering student Ana Graham and professor Denis Bruneau join us to talk about their BaityKool project. The prototype of a sustainable, eco-friendly building adapted to hot temperatures won third prize in the Solar Decathlon Middle East competition in 2018. The innovative building offers a peek into what the future of sustainable housing could look like.