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Saudi Aramco pulls out of Chinese JV citing CAPEX reduction

One of the largest companies in the world by revenue, Saudi Aramco has pulled out from a potential joint venture investment to develop a...

Saudi Aramco to reveal Q2 results early August

The world’s largest oil-exporting firm, Saudi Arabia's ARAMCO is expected to reveal its second-quarter results on August 9. The Saudi Tadawul exchange-listed Aramco has declared...

Saudi’s Tadawul is in Top 10 Global Stock Exchanges list

Tadawul, The Saudi Stock Exchange has become one of the top 10 stock exchanges globally in 2019, with a valuation of $2.4 trillion according...

Saudi Oil Giant Aramco concludes its takeover of 70% stake in...

Saudi Arabian Oil behemoth Aramco has successfully completed its share purchase of a 70 percent stake in Saudi Basic Industries Corporation (SABIC) from Saudi's...

US-based Wahed Invest raises $25 million from Saudi ARAMCO

The founder of the digital Islamic investment platform, Junaid Wahedna, announced that it has raised US$25 million in an investment round led by the...

ARAMCO rules the Forbes list of Top 100 in the Middle...

The Forbes Top 100 Companies in the Middle East 2020 list is out and Saudi Aramco makes its debut in the first position. The...

ADNOC closing landmark deal to sell 49% stake in pipeline business

Abu Dhabi National Oil Co. - ADNOC is closing in on a deal with investors supported by Global Infrastructure Partners and Brookfield Asset Management...

Saudi Arabia shifted foreign reserves worth $40 billion to PIF

Saudi Arabian finance minister Mohammed Al-Jadaan stated that the kingdom shifted a total of $40 billion from central bank foreign reserves to finance investments...
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