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Saudi Arabia expands access to sole alcohol store

Business Standard

|

December 22, 2025

Saudi Arabia has quietly expanded access to its only store that sells alcohol, allowing wealthy foreign residents to buy booze in the latest step in the once ultraconservative kingdom’s experiment in liberalisation.

- ASSOCIATED PRESS

There's been no official announcement of the decision, but word has gotten out, and long lines of cars and people can now be seen at the discreet, unmarked store in the Diplomatic Quarter of the Saudi capital, Riyadh.

The store opened in January 2024 for non-Muslim diplomats. The new rules allow non-Muslim foreigners who hold Premium Residency to buy. The residency permit goes to foreigners with specialised skills, investors and entrepreneurs.

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India-Oman trade agreement opens the door to social security talks

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Putin offers no compromise on Ukraine, says EU ‘robbery’ failed

President Vladimir Putin offered no compromise on his terms for ending the war in Ukraine on Friday and accused the European Union of attempting “daylight robbery” of Russian assets.

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Revisiting the idea and project of India

Rather than offer a laundry list of ‘critical reforms in their latest book, A Sixth Of Humanity, Arvind Subramanian and Devesh Kapur identify the necessary conditions that would give India a fair shot at solving the important challenges ahead. An excerpt

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Irdai proposes allowing insurers to invest 20% in debt of public infra SPVs

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed permitting insurers to invest up to 20 percent of their funds in debt instruments issued by public limited special purpose vehicles (SPVs) operating in the infrastructure sector.

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IndiGo probe decision taken after initial assessment: CCI

Competition Commission of India Chairperson Ravneet Kaur on Friday said that based on the initial assessment, the fair trade regulator had decided to look into IndiGo operations after recent flight disruptions, which severely impacted passengers across the country.

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ICICI Pru AMC becomes most valued stock in capital mkt sector

Stock closes 19% higher post debut; market cap overtakes HDFC AMC

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India a step closer to trade pact with NZ

The Union Cabinet on Friday is learnt to have approved a trade agreement between India and New Zealand, according to people aware of the matter.

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December 20, 2025

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