Did you know that on November 13, 2007 there was a huge crash on the Dhahran-Abqaiq Highway which left 224 vehicles damaged last month?
According to an official statement released by the Dhahran traffic police, the crash left 224 vehicles damaged and closed the Dhahran- Abqaiq highway for a distance of at least three kilometers from the Al-Turki petrol station in Dhahran to the Bin Quraya area.
In addition to the three dead -- one Saudi, one Egyptian and one Indian national.
RE:Stinking rich
by Love Angel on Nov 14, 2007 10:57 AM
Can u tell me how many rich Industrialist have done for mankind. Maybe u should check what Ambani is planning to built in Mumbai? You cannot even imagine what these Skeikhs are doing for their countries until u live in one of them. So please keep ur comments for urself.
this guy was born with a golden spoon. he is not a wise investor as the western media would like you to beleive. his wise investments include planet hollywood restaurants(now bankrupt) and citibank(operating under losses) what these goras do is they make him climb the "chane ka jhaad" just to sell him stuff.
RE:chane ka jhaad
by Om on Nov 14, 2007 12:33 AM
You are rigt, this phukra might be thinking that Forbes has twicely made me as the smartest investor, and so he bought this plane but American might be saying him as one of the biggest ch()tia investor of the world by selling this piece for more than $300 million
RE:chane ka jhaad
by Loan Shark on Nov 14, 2007 05:58 AM
Airbus is a french company, now owned by several European Invesors. It's not an American company.
Maybe you are confusing it with Boeing which is an American Bluechip.
RE:chane ka jhaad
by raghav ravindra on Nov 13, 2007 10:03 PM
who said Citibank in under loss. Its the biggest financial institution around the world. Get some good GK and then post a rply here u idiot.
RE:RE:chane ka jhaad
by mastercard on Nov 13, 2007 10:29 PM
hey raghav take your head out of your A*ss and read arbitary's post before replying u dumb a*ss
RE:RE:RE:chane ka jhaad
by Loan Shark on Nov 13, 2007 10:42 PM
mastercard, it is you who has to the take your head out of whereever it is ... LOL ...
Citigroup is not operating in losses. They just had a significant fall in profit - still not a loss. Maybe in Q4, but we are not there yet. When was the last quarter when Citigroup had a negative EPS?
RE:chane ka jhaad
by arbitary on Nov 13, 2007 10:09 PM
mastercard is right. citibank has been doing very badly since this guy bought a stake in it. it wrote off about $1.3 billion due to subprime losses. i guess he always has oil money as backup. even if his other investments go down the price of oil keeps going up.
RE:RE:chane ka jhaad
by Loan Shark on Nov 13, 2007 10:28 PM
... and it's not $1.3 billion. Citigroup wrote off 6 billion in Q3 and plans to write off another 11 billion in Q4.
RE:RE:chane ka jhaad
by Loan Shark on Nov 13, 2007 10:27 PM
Saudi Prince bought Citi stock at $2.75 (after adjuting for splits). The stock is trading at $35 today.
Yes, there have been recent losses at Citigroup (and so have been at Bank oF America, Wachovia, JP Morgan and Washington Mutual) and the stock is down from $55, but volatility in stocks is nothing new.
