Saudi Arabia is likely to announce as soon as this week plans to sell $10 billion to $20 billion worth of stock in Aramco, ...
Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom and is reviewing three others as it ...
Saudi Aramco has mandated banks for the dollar-denominated bonds, according to a statement on the Saudi stock exchange, without giving details on the amount it plans to raise. The expected $3 ...
Aramco stock meanwhile has fallen by nearly a fifth over the past year as oil prices dropped. Aramco reported making a $121 billion profit in 2023, down from its 2022 record due to lower energy ...
MENA equity capital markets (ECM) raised $21 billion in equity and equity-related issuances in the first nine months of 2024, ...
The capital raise, which involved the sale of debt certificates compliant with Islamic religious laws, consisted of $1.5 ...
State-owned Saudi Aramco raised official selling price of its main Arab Light crude grade for buyers in Asia, and cut rates ...
Most stock markets in the Gulf ended higher on Wednesday as investors prepare for the third-quarter earnings season to ...
Saudi Arabia’s state-owned oil company priced its offering at a level that would raise $25.6 billion, becoming the largest stock market debut on record. Aramco, the world’s largest oil company ...