Saudis share photos and videos of the crown prince, who made the IPO the centrepiece of his plan to diversify the kingdom's economy away from oil and open up its society.
Oil output capacity was restored on Sept. 25, he told a conference in the United Arab Emirates' city of Fujairah. Oil production was restored to its pre-attack level of about 9.7 million barrels per day or even "a little higher" to replenish inventories, he said.
Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov.3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers
Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco’s record IPO.
Arabtec Holding, a contractor for social and economic infrastructure, on Tuesday announced that its wholly-owned subsidiary, Target Engineering Construction Company,
Saudi Aramco’s Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns.
World’s largest oil company Aramco remains committed on its investment plan in India, including a $15 billion deal with Reliance Industries, even though Covid-19 pandemic has made life difficult
State-run oil producer Saudi Aramco beat analysts’ forecasts on Tuesday with a 30 per cent rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.
The Saudi Arabian Oil Company Aramco announced on Sunday its second quarter (Q2) 2021 financial results, reporting a 288 per cent increase in net income
Saudi Aramco’s net profit soared 124 per cent last year as global growth recovered from the Covid-19 downturn, the oil giant announced on Sunday. “Aramco’s net income increased by 124% to $110 billion in 2021, compared to $49.0 billion in 2020,”