Check out market updates

Saudi King Abdullah dies, Prince Salman is new ruler

Riyadh — The Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz of Saudi Arabia, has died, state television reported early on Friday and his brother Prince Salman bin Abdulaziz Al Saud  became king, it said in a statement attributed to Salman.

The royal court said in a statement that King Abdullah died at 1:00 am local time (2200 GMT) on Friday, expressing its “great sadness and mourning”.

King Abdullah’s half brother  Prince Moqren bin Abdul Aziz was named Crown Prince, according to the statement…… Read More