Aramco says foreigners grab ‘majority’ of share offering RIYADH: Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in... Published 10 Jun, 2024 06:52am
Markets Over half of Aramco share sale allocated to foreign investors: sources DUBAI: Saudi Arabia placed over half of an $11.2 billion share sale in Aramco with foreign investors, two people... Updated 08 Jun, 2024 07:31pm
Print PRL, ED Investment may establish a joint group ISLAMABAD: Pakistan Refinery Limited (PRL) and Saudi Arabia’s ED Investment Group are likely to establish a joint... Updated 05 Jun, 2024 09:33am
Print Investors flock to Aramco share sale that could raise $13bn DUBAI: Saudi Arabia’s sale of shares in oil giant Aramco drew more demand than the stock on offer within hours of... Updated 03 Jun, 2024 08:59am
Business & Finance Saudi Aramco begins second share offering: statement RIYADH: Oil giant Saudi Aramco on Sunday kicked off a secondary share offering that could fetch nearly $12 billion,... Published 02 Jun, 2024 06:41pm
Business & Finance Aramco completes acquisition of 40pc stake in ‘GO’ KARACHI: Aramco, one of the world’s leading integrated energy and chemicals companies, has made further progress ... Published 01 Jun, 2024 06:59am
World Saudi Arabia may announce landmark Aramco share sale on Thursday, sources say DUBAI: Saudi Arabia may announce a landmark secondary share offering in oil giant Aramco later on Thursday, pending... Published 30 May, 2024 07:43pm
Business & Finance Saudi Arabia plans Aramco share sale as soon as June DUBAI: Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what... Published 27 May, 2024 05:52am
Business & Finance CCP approves product supply agreement between Aramco, GO Petroleum ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses ... Published 22 May, 2024 05:54am
Business & Finance Aramco, GO Petroleum get CCP’s nod for product supply agreement The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product... Published 21 May, 2024 06:03pm
Business & Finance Aramco maintains $31bn dividend despite lower Q1 net income DUBAI: Saudi Arabia’s state oil giant Aramco expects to pay $31 billion in dividends to the Saudi government and... Published 08 May, 2024 06:43am
Print CCP approves 40pc equity stake acquisition in GO by Aramco ISLAMABAD: The Competition Commission of Pakistan (CCP) approved a 40% equity stake acquisition in Gas & Oil... Updated 30 Apr, 2024 08:45am
Sports Saudi oil giant Aramco agrees major FIFA sponsorship deal DHAHRAN: Saudi Arabia’s state oil giant Aramco and world football governing body FIFA on Thursday announced a major... Published 25 Apr, 2024 07:53pm
Markets Saudi Aramco CEO calls energy transition strategy a failure HOUSTON: Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described... Published 25 Mar, 2024 05:47am
Markets Egypt bourse hits record high after IMF deal, Aramco lifts Saudi DUBAI: Egyptian stocks closed at a record high on Sunday to lead Middle Eastern bourses, extending a rally set off ... Published 11 Mar, 2024 04:45am
Markets Aramco sees China demand growing, eyes more investments DUBAI: Saudi Aramco Chief Executive Amin Nasser said on Sunday the oil giant was looking at further opportunities to... Published 11 Mar, 2024 04:45am
Markets Saudi Aramco boosts dividend despite drop in 2023 profit DUBAI: Saudi Arabia’s state-owned oil giant Aramco said on Sunday it boosted its dividends last year despite net... Updated 10 Mar, 2024 07:03pm
World Saudi Arabia doubles sovereign fund’s stake in Aramco RIYADH: Saudi Arabia transferred an 8% stake in Aramco to the country’s Public Investment Fund, as the kingdom... Published 08 Mar, 2024 03:14am
World Saudi Aramco signs supply agreements worth $6 billion Saudi state oil company Aramco has signed procurement agreements worth $6 billion with local vendors, widening its... Updated 28 Feb, 2024 12:16am
Markets Saudi bourse eases on profit-taking DUBAI: Saudi Arabia’s stock market eased on Sunday as investors booked profits following recent gains, while the... Published 26 Feb, 2024 05:07am
Markets At Saudi Aramco's Jafurah field, another 15 trillion standard cubic feet of gas reserves proven CAIRO: An additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco’s... Updated 25 Feb, 2024 08:27pm
Print Aramco refinery likely to be included in CPEC framework ISLAMABAD: The government is likely to include $10 billion Saudi Aramco refinery project in framework of China... Updated 16 Feb, 2024 10:02am
Markets Saudi Aramco starts trading US crude that helps set Brent oil benchmark LONDON: Saudi state oil company Aramco has started trading a US crude oil grade that underpins the global Brent... Published 13 Feb, 2024 06:06pm
Markets Energy transition spurred Saudi halt to oil expansion: official RIYADH: Saudi Arabia’s surprise decision to halt a planned expansion of its oil production capacity reflects... Published 13 Feb, 2024 05:59am
Business & Finance KSA to hire Goldman, Citi, HSBC for Aramco share sale RIYADH: Saudi Arabia is set to hire Citigroup Inc, Goldman Sachs Group Inc and HSBC Holdings Plc for a secondary... Updated 09 Feb, 2024 09:42am
Markets Saudi Arabia mulls reviving Aramco share sale: Bloomberg Saudi Arabia is considering reviving plans for a follow-on share offering in state oil company Saudi Aramco to raise... Published 31 Jan, 2024 07:37pm
Markets Aramco halts plan to raise production capacity RIYADH: Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels... Published 31 Jan, 2024 05:22am
Business & Finance Saudi’s SABIC gives go-ahead for $6.4bn China petrochemical plant BEIJING: Saudi Basic Industries Corp (SABIC) will go ahead with building a petrochemical complex in southeastern... Published 23 Jan, 2024 05:14am
Markets Aramco CEO predicts tighter oil markets, sees Red Sea risks DAVOS: Global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the... Published 17 Jan, 2024 06:22pm
Business & Finance Saudi Arabian companies warn Aramco fuel price hike may curb earnings DUBAI: Scores of Saudi Arabian companies said their earnings could be dampened this year as production costs will... Published 08 Jan, 2024 05:23am