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The rise in Saudi Aramco’s stock price within two days of its IPO in November 2019, has taken the company’s market value past the $2-trillion mark. This valuation should not be taken at face value for the offering is miniscule, and closely linked to the ruler's prestige rather than stock market fundamentals
Courtesy: Gateway House
Kartarpur is an exemplary achievement of bilateral discussion over two decades. For the faithful, it is an emotional reconnection with the life of Guru Nanak, now made into a grand memorial. For others, on both sides of the border, it is a neutral place where they can renew contact with long-lost relatives. The author, who visited Kartarpur a month after its inauguration, was witness to the joy and aura of collective worship
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The United States’ decision to rebuild Afghanistan’s ring road was a change of strategy from its earlier focus on countering terrorism. But the road remains in a state of disrepair because the U.S.’ commitment to the cause has wilted
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The second edition of the India-Canada Track 1.5 Dialogue, held in Mumbai last month, drew many ideas from experts and government officials on diversifying and deepening the strategic partnership. A summary of some of the outcomes
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Dr Condoleezza Rice and Dr Henry Kissinger, speakers at the annual meeting of the U.S-India Strategic Partnership Forum, in Delhi in October 2019, kept the audience riveted. The topics covered included China as competitor, the earlier disharmony in India-U.S. relations, and tips from a veteran on the art of negotiation
Courtesy: Princess Nora bint Abdul Rahman University
The immediate panic in the aftermath of the missile attack on Saudi Aramco’s facility at Abqaiq underlines the still-critical role of the Kingdom to the world economy. The subsequent recovery of oil production – with no disruption – showed that Saudi Arabia is a reliable partner/guarantor of energy supplies. Our Energy and Environment fellow Amit Bhandari was in Riyadh recently for a conference, and describes a post-Abqaiq Saudi Arabia
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The announcement by Indian prime minister Narendra Modi of a new position of a Chief of Defence Staff is a long-pending and vital appointment for national security, but it will be effective only if the defence apparatus is also overhauled
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The Demilitarised Zone (DMZ) is a 250-km-long militarised border that divides the Korean peninsula roughly into half. It is one of the most heavily guarded borders in the world. The author, who had a unique opportunity to visit the DMZ, narrates her experience
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India’s foreign minister S. Jaishankar and U.S. Secretary of State Mike Pompeo have sorted through the India-US niggles and minutae, so that the substance of the bilateral can be advanced by their leaders who are meeting in Osaka this week
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The China-Pakistan Economic Corridor with its unaffordable power projects is one reason for Pakistan’s current economic crisis. Pakistan has ended up with capacity it does not need, relying on fuels it is importing at a high cost