(Bloomberg) — The company behind a major tourism destination on Saudi Arabia’s Red Sea coast that will include an archipelago of more than 90 islands as...
SMBC Nikko Securities will be the bookrunner for Saudi Aramco’s much-hyped initial public offering (IPO), according to sources quoted by press sources. SMBC Nikko Securities is...
(Bloomberg) — Saudi Arabia will waive the controversial fees it requires industrial companies to pay for their foreign workers for a period of five years, lightening...
(Bloomberg) — Saudi Aramco’s chairman said the drone strike on the kingdom’s main crude-processing plant won’t slow preparations for an initial public offering of the state-owned...
(Bloomberg) — Saudi Arabia’s oil production was cut by half after a swarm of explosive drones struck at the heart of the kingdom’s oil industry and...
United Arab Emirates Energy Minister Suhail Al-Mazrouei says Saudi Arabia’s replacement of Khalid Al-Falih with Prince Abdulaziz bin Salman as the energy minister doesn’t mean there...
(Bloomberg) — Saudi Arabia has awarded to two Saudi firms contracts to build worker housing for its futuristic mega-city called Neom, as plans for the $500...
(Bloomberg) — Saudi Arabia’s king late on Saturday named his son as energy minister, replacing Khalid al-Falih, the news agency SPA reported, citing a royal order. The...
(Bloomberg) — Saudi Arabia created a new ministry for industry and mineral resources that’s separate from the current energy ministry, reducing the remit of Energy Minister...
The state-owned Saudi Aramco might be considering a two-stage initial public offering (IPO) with a domestic debut and a subsequent international listing possibly in Tokyo, according...
