Aramco

Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO – sources
Middle East

Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO – sources

DUBAI/LONDON (Reuters) – Saudi Basic Industries Corp (SABIC) has hired NCB Capital to advise on a potential listing of its…
Saudi Arabia plans spending cuts to trim deficit amid virus
Middle East

Saudi Arabia plans spending cuts to trim deficit amid virus

DUBAI, United Arab Emirates (AP) — Saudi Arabia plans to cut more than seven percent in spending next year, the…
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand
Middle East

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

DUBAI (Reuters) – Saudi Arabian state oil group Aramco on Tuesday reported a 44.6 percent drop in third-quarter net profit,…
Saudi Arabia to end voluntary cuts on top of OPEC+ pact
Economy

Saudi Arabia to end voluntary cuts on top of OPEC+ pact

DUBAI/LONDON/MOSCOW (Reuters) — Saudi Arabia will boost output in July to match its output OPEC quota while ending voluntary deeper…
US and France vie to bolster Gulf security after Saudi oil attack
Middle East

US and France vie to bolster Gulf security after Saudi oil attack

The chief of the US Central Command and France’s defense minister, whose countries have taken divergent approaches to Iran, also…
With young prince and PR push, Saudi Arabia ready to take over G20 reins
Middle East

With young prince and PR push, Saudi Arabia ready to take over G20 reins

NAGOYA, Japan (Reuters) — Saudi Arabia is set to take over the G20 presidency for a year as it seeks…
Saudi Aramco order book reaches 73 billion riyals so far: Samba
Middle East

Saudi Aramco order book reaches 73 billion riyals so far: Samba

RIYADH/DUBAI (Reuters) — Saudi Aramco’s initial public offering (IPO) has attracted approximately 73 billion riyals (15.1 billion pounds) in institutional…
‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO
Middle East

‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO

RIYADH (Reuters) – From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online…
Saudi Arabia approves listing of energy giant Aramco
Middle East

Saudi Arabia approves listing of energy giant Aramco

Saudi regulators on Sunday approved state energy giant Aramco’s request to make its stock market debut, firing the starting gun…
Saudi Aramco shares to start trading in December: report
Middle East

Saudi Aramco shares to start trading in December: report

RIYADH, Saudi Arabia (AP) — The long-planned initial public offering of a sliver of Saudi Arabia’s state-run oil giant Saudi…
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