Search
1 to 10 out of 555
Results
Saudi Aramco said that international investors had snatched up the majority of shares sold in its latest offering, which was expected to raise $11.2 billion.
Saudi Arabia is set to raise more than $11.2 billion after pricing its offering of Aramco stock toward the lower end of the targeted range.
Saudi Arabia adds four banks for Aramco's $13B share offering. Investors can order through Thursday, with trading starting next Sunday on the Riyadh Exchange,
Saudi Aramco is planning on selling shares worth more than $10 billion dollars, with sales potentially transferred to the PIF to finance domestic projects.
World soccer governing body FIFA has signed a partnership with oil and gas conglomerate Saudi Aramco that will run through to the end of 2027.
Oil giant Aramco reported a 24.7 percent decline in profits in 2023 compared to the previous year, as a result of lower oil prices and production cuts.
Saudi Aramco had initially proposed to ramp up its oil production to 13 million barrels per day following an announcement in 2021.
A new report by a think tank found that Saudi oil giant Aramco is spending around $1.3 billion on the global sports industry.
The LNG investment marks another step towards Saudi Arabia's economic expansion beyond oil production.
The letters to Aramco expressed concerns over Aramco's business activities which are adversely impacting human rights in the context of climate change.