RIYADH: Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion, one of the biggest such offerings in recent years.
In a statement posted to the Saudi stock exchange, Aramco announced a “secondary public offering of 1.545 billion shares,” with an expected price range between 26.70 and 29 Saudi riyals ($7 to $7.70).
The sale on the local bourse, which represents approximately 0.64 percent of the company’s issued shares, will commence on Sunday, Aramco said.
It is the firm’s second listing after an initial public offering in December 2019 that raised $25.6 billion, the biggest flotation in history.
Saudi Arabia is the world’s largest crude oil exporter and, before the announcement on Thursday, the government owned about 82 percent of its shares.
Saudi Aramco says to offer shares worth over $10 billion on Saudi bourse
https://arab.news/6mjwx
Saudi Aramco says to offer shares worth over $10 billion on Saudi bourse
- It is the firm’s second listing after an initial public offering in December 2019 that raised $25.6 billion
Maya Acra on the Oscars and making space for Arab voices in Hollywood
DUBAI: Lebanese actress and comedian Maya Acra has spent years carving out her niche across Beirut and New York. This year, that journey reached a new milestone when “Anora,” a film she appears in, won five Oscars, including Best Picture.
But for Acra, the recognition is just one part of a much longer story.
“I was raised by ‘Comedy Central’ (and) … ‘The Nanny.’ Fran Drescher was my hero,” Acra told Arab News. Her early love of performance was sparked at home, where her father, a filmmaker, recorded endless hours of her childhood on VHS. “Being in front of the camera has been my reality since I was a baby. I have hours of footage from my childhood, sometimes just talking endlessly like I was the host of my own show. Somehow that early lens shaped me,” she said.
She began performing on stage at a young age, often drawing from real-life experiences marked by grief, resilience and reinvention. After building her career in Lebanon — working behind the scenes at MTV, acting in student films and her comedy sketches going viral — Acra moved to New York to pursue acting and stand-up full-time.
Now part of the city’s vibrant improv and comedy scene, she has performed at venues such as The Stand, Stand Up NY and Broadway Comedy Club.
Her acting work includes short films, commercials and theater, often centered around stories of identity and migration. “I’m drawn to stories that spotlight the emotional and cultural struggles of Arab immigrants,” she said.
Acra is passionate about breaking the mold for Arab characters onscreen. “Arab talent is slowly gaining more visibility in Western media… (but) the industry still has a long way to go. Too often, the roles offered to Arab actors are still limited to certain tropes, like the villain, the terrorist or the oppressed woman.
“We have so many untold stories that reflect the diversity and success of Arabs in America,” she added.
While “Anora” was not an Arab story, being part of an indie project that defied expectations — and that went on to sweep the Oscars — was a powerful moment for Acra. She had been invited to the ceremony but did not attend.
“I didn’t even watch the ceremony. I had just moved into my apartment. I was in a really emotional place. I had just lost my aunt,” she recalled. “Then suddenly, I got a message: ‘You’re featured in the Best Picture of 2024!’ I was stunned. It felt completely surreal. I was so happy, and I couldn’t stop smiling.”
Looking ahead, Acra is focused on continuing to tell real, layered stories through both comedy and drama. “I carry Lebanon with me into every room,” she said. “I’ll be at the Oscars when I win my own one day. I’m claiming that.”
Two women shot on campus of small technical college near Los Angeles
- The Los Angeles Police Department said officers detained a male subject from a car matching the description of a vehicle linked to the shooting
- The school went on lockdown for at least an hour after the shooting
INGLEWOOD: Two female employees of a Southern California technical college were shot on campus Friday and taken to the hospital in an incident that authorities attributed to workplace violence.
The shooting occurred around 4 p.m. in an office at the Spartan College of Aeronautics and Technology campus in Inglewood, where Mayor James Butts said the suspect was believed to be a former employee.
Aerial TV video showed a heavy police presence outside the campus in the city, which abuts Los Angeles to the southwest.
One of the victims was in critical condition, Butts said. The Los Angeles County Fire Department confirmed on the social platform X that two people were taken to the hospital.
A person was taken into custody after initially leaving the scene, Butts said.
The Los Angeles Police Department said officers detained a male subject from a car matching the description of a vehicle linked to the shooting, which had been sent to local law enforcement agencies by the Inglewood Police Department. The Inglewood police did not immediately respond to a request for more information.
The school went on lockdown for at least an hour after the shooting.
Chris Becker, president and chief administrator of the campus, told KABC-TV that the campus is patrolled regularly and, as an aviation school, safety is one of its primary focuses.
“It’s a peaceful campus,” Becker said. “It’s a nice community of students and teachers and staff.”
The Spartan College of Aeronautics and Technology has campuses across the country. The college’s Inglewood location, about a mile (about 1.5 kilometers) from the Los Angeles International Airport, accommodates 500 students and offers training programs focused on aviation maintenance technology, according to its website.
Ramy Youssef’s ‘#1 Happy Family USA’ comedy hits close to home
- Focus on challenges facing Muslim Americans post-9/11
- Stark reminder that today’s dystopia is no laughing matter
TORONTO: American-Egyptian comedian and actor Ramy Youssef’s first animated venture “#1 Happy Family USA,” on Amazon Prime Video, is a satirical take on the challenges faced by Muslim-American families in a post-9/11 world.
Created with Pam Brady of “South Park” fame, the eight-episode series opens with a darkly comic twist of fate — the Egyptian-American Hussein family is at the airport when news breaks of the World Trade Center attacks.
And from that moment, everything changes. The patriarch and owner of Hussein’s Halal Cart is convinced that “we must work harder at being like them. So, we blend in.”
To fit in, Hussein shaves his beard and pushes the family to “look more American.” Meanwhile, mom Sharon (also known as Sharia) embraces her faith with renewed conviction by donning a hijab.
Twelve-year-old Rumi (voiced by Youssef) finds himself an outcast at school and is now forced to navigate not only the throes of middle school and adolescence, but also the harsh realities of a post-9/11 world.
Each character is so vividly portrayed that you can easily imagine your Arab teta or the local Pakistani imam in the mix. The well-timed vocal interjections and cultural (Arab and American pop-culture) references bring an extra layer of freshness and humor to the show.
Known for his Emmy-nominated “Ramy,” Youssef continues to shed light on the Muslim-American experience.
The show evokes the familiar sentiment of fear. It captures the lived reality of Islamophobia and surveillance in Muslim communities, and explores related themes of identity struggles, microaggressions, and code-switching.
We can laugh at the Hussein family’s antics, but the show serves as a stark reminder that in today’s dystopian and polarized political climate, there is little humor to be found.
On World Press Freedom Day, Pakistan honors journalists killed in Gaza
- Israel’s war on Gaza has killed 232 journalists, an average of 13 per month, making it the deadliest conflict for media workers
- President Asif Ali Zardari says media is indispensable in promoting dialogue, highlighting social, economic and environmental issues
ISLAMABAD: Pakistan’s President Asif Ali Zardari on Saturday hailed journalists who lost their lives while reporting in conflict zones like Gaza, saying their dedication continues to inspire others.
The statement came on the World Press Freedom Day on May 3 that aims to raise awareness about the importance of press freedom and remind governments of their duty to respect and uphold the right to freedom of expression enshrined under Article 19 of the 1948 Universal Declaration of Human Rights.
Israel’s war on Gaza has killed 232 journalists – an average of 13 per month – making it the deadliest conflict for media workers ever recorded, according to a report by the Watson Institute for International and Public Affairs’ Costs of War project issued on April 1.
More journalists have been killed in Gaza than in both world wars, the Vietnam War, the wars in Yugoslavia and the United States war in Afghanistan combined. The 18-month Israeli war, which began after the Oct. 2023 attacks on Israel by Hamas, has also killed more than 52,000 Palestinians, laying waste to almost all of Gaza.
“[We] honor the sacrifices made by those who have lost their lives in pursuit of truth, especially reporting in conflict zones like Gaza and Palestine,” President Zardari said in his statement on the day.
“Their courage and dedication continue to inspire us.”
The media is indispensable in promoting dialogue, highlighting issues of social, economic and environmental significance, uncovering corruption and advocating for the marginalized communities, according to the Pakistan president.
Article 19 of the Constitution of Pakistan guarantees the right to freedom of speech and a free press, subject to “certain restrictions.”
Pakistan ranks 152nd out of 180 countries on Reporters Without Borders (RSF) press freedom index, and journalists in the country have long complained of increasing state pressure on traditional media. Social media platform X is officially banned, but accessible using VPNs, while YouTube and TikTok have faced bans in the past.
“We have taken a number of steps for the protection and welfare of journalists, but more needs to be done by providing them a safe, secure, and enabling environment,” Zardari said.
“A culture where journalists feel secure to perform their duties without fear and harassment is the need of the time. I urge the media to uphold the highest standards of journalism, accuracy, and professionalism.”
Gunman kills three in Thailand’s conflict-hit south
- Violence frequently rocks the kingdom’s southern provinces of Narathiwat, Pattani and Yala
- In 2004, Thai security forces shot into a crowd of protesters outside a police station in Tak Bai, killing seven
BANGKOK: A gunman has shot dead three people including a child in Thailand’s insurgency-hit south, police said Saturday, as authorities pursued the suspect.
The attacker opened fire late Friday in a residential area of Tak Bai district in Narathiwat province, one of three Muslim-majority provinces in Thailand’s far south gripped by a decades-long separatist insurgency.
Three people were killed, including a nine-year-old girl and a 75-year-old man, police said.
“One victim died at the scene, and two others succumbed to their injuries at the hospital,” local police officer Watthana Thurarat told AFP, adding that two more people were wounded.
Police believe the suspect, who remains at large, is linked to a rebel group, Watthana said.
Violence frequently rocks the kingdom’s southern provinces of Narathiwat, Pattani and Yala, where separatists seeking greater autonomy for the religiously distinct region have killed more than 7,000 people since 2004.
However, attacks on unarmed civilians in residential areas remain relatively rare, with most targeting security personnel.
In 2004, Thai security forces shot into a crowd of protesters outside a police station in Tak Bai, killing seven.
Subsequently, 78 others suffocated in the back of military trucks after they were arrested — a deadly crackdown widely seen as a trigger for the southern unrest in the Buddhist-majority country.
Last year, a Thai court dismissed the long-delayed Tak Bai case, brought by victims’ families against seven officials, when the statute of limitations expired.
Analysts have warned the decision could further inflame tensions in the region.
