Saudi Aramco Expected to Beat Apple as ‘Most Valuable Company’

· Andrew Orr · Link

Oil giant Saudi Aramco recently had the world’s biggest IPO of US$25.6 billion. At that level it has a market valuation of US$1.7 trillion, beating Apple to become the world’s most valuable company.

Aramco did not say when shares would start trading on the Saudi stock market but two sources said it was scheduled for Dec. 11.

Saudi Arabia relied on domestic and regional investors to sell a 1.5% stake after lukewarm interest from abroad, even at the reduced valuation of $1.7 trillion.

Two Twitter Employees Charged With Spying for Saudi Arabia

· Andrew Orr · Link

A complaint unsealed in the U.S. District Court in San Francisco revealed that two Twitter employees have been charged with spying for Saudi Arabia.

The complaint also alleged that the employees — whose jobs did not require access to Twitter users’ private information — were rewarded with a designer watch and tens of thousands of dollars funneled into secret bank accounts. Ahmad Abouammo, a U.S. citizen, and Ali Alzabarah, a Saudi citizen, were charged with acting as agents of Saudi Arabia without registering with the U.S. government.

I wonder if this is a separate incident from Saudi’s Twitter mole.

Two Saudi Sisters That Fled Their Country Plead With Apple, Google to Remove Tracking App

· Andrew Orr · Link

A controversial app called Absher made the news in February because it lets men monitor and control their female relatives’ travel. People like Senator Ron Wyden and others asked Apple and Google to remove the app. No action was taken by either company, although Tim Cook said he would “take a look at it.” Now two Saudi sisters who fled the country are reminding us that no, this app still exists.

Maha, 28 and Wafa, 25 fled Saudi Arabia to for Tbilisi, Georgia via Tuckey earlier this month. The pair had to steal their father’s phone and log onto his Absher account and give themselves permission to go to Istanbul…The al-Subaie sisters said they knew of dozens of other young women who were looking to escape abusive families.