You Searched For "Saudi Aramco" and got 18 results
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2 mins read
$1.7 trillion giant Saudi Aramco's profits drop almost $6 billion after oil prices crash below $0
Saudi Aramco reported a net income of $16.7 billion in the first quarter of 2020, down 25% from $22…
Saloni Sardana
1 min read
Saudi Aramco is reportedly considering an IPO for its trading unit as oil prices soar
Saudi Aramco's trading unit could be valued at more than $30 billion, sources told Bloomberg. The o…
Carla Mozée
2 mins read
Saudi Aramco's stock just recovered to its level before the oil price war
The state-led Saudi Aramco is the first major oil producer to have its stock price recover from the…
Carmen Reinicke
2 mins read
Reliance's $15 billion deal with Saudi Aramco has been called off
Consequently, the current application with the NCLT (National Company Law Tribunal) for segregat…
1 min read
Oil giant Saudi Aramco is now the world's most valuable company, bumping Apple from the top spot
Apple's market cap fell to $2.37 trillion after its share price tanked 5.2% on Wednesday. Saudi Ara…
Huileng Tan
3 mins read
Reliance Industries’ investors dump shares after Mukesh Ambani's Aramco deal fails after 27 months of negotiations
Meanwhile, shares of RIL have doubled between the announcement of the deal and its recent peak…
2 mins read
Saudi Aramco is reportedly weighing a delay to its record-setting IPO after drone attacks
Saudi officials want to value the company at $2 trillion, but other bankers and even Aramco executi…
Carmen Reinicke
1 min read
Saudi Arabia in talks to sell 1% of oil giant Aramco to global energy firm, report says
An unnamed energy firm from a "huge" country is in talks about buying a stake in Saudi Arabia's Ara…
Carla Mozée
3 mins read
The attack on Saudi oil supplies threatens what could be the world's biggest IPO. Here's what we know about Saudi Aramco.
Aramco is practically printing money as according to Moody's it got more than $111 billion in profi…
Yusuf Khan
3 mins read
State-owned oil giant Saudi Aramco is worth up to $1.7 trillion in a new IPO range, setting the stage for the world's largest public listing
The global index provider MSCI folded Saudi Arabian stocks into its emerging markets index earlier …
Rebecca Ungarino
2 mins read
Saudi Aramco raised $26 billion in its record-shattering IPO - but banks will get paid an abnormally small 0.25% of that
The top foreign banks - a total of 16 worked with the oil company -will get a lesser sum of 13 mill…
Carmen Reinicke
2 mins read
Saudi Aramco has struck a $15 billion deal with Asia's richest man for a stake in the world's biggest refinery
The Saudi Arabian oil titan has been investing heavily in refineries as it looks to double its dail…
Yusuf Khan
3 mins read
Business Secretary Kwasi Kwarteng travelled around Saudi Arabia on flights paid by energy giant Aramco
Kwasi Kwarteng was flown around Saudi Arabia in January 2022 by majority state-owned energy firm Ar…
Henry Dyer
2 mins read
Saudi Aramco sees profit dive 50% for the first half of the year, but keeps its $75 billion dividend payout intact
Aramco's decision to retain its dividend was influenced by hopes of a rebound in energy demand, as …
Shalini Nagarajan
1 min read
Saudi Aramco is gearing up for what could be the largest IPO ever. Here are 10 public offerings its massive listing would dwarf.
The company is also considering a multi-stage IPO, listing about 1% on Saudi Arabia's stock exchang…
Daniel Strauss
2 mins read
Saudi Aramco is reportedly kicking off its massive IPO this Sunday and plans to debut trading on December 11
Aramco's IPO has been hotly anticipated by investors as it could be one of the largest on record. R…
Yusuf Khan
2 mins read
Saudi Arabia officially kicked of Saudi Aramco's IPO, which could be the largest in the world
Al-Rumayyan went on to say that the percentage of local versus international investors is yet to be…
Carmen Reinicke
2 mins read
Saudi Aramco plans to raise billions by issuing international bonds, as low oil prices and a grim demand outlook loom over its finances
The world's largest oil company will sell an unspecified amount of dollar-denominated bonds, as it …