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Saudi Arabia to raise $12 billion by selling more shares in Saudi Aramco amid Neom struggles

The sale comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the king…

Polly Thompson   


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Oil giant Saudi Aramco points to lower crude prices as profits plunge 38% in the 2nd quarter

The state-run energy major reported about $30 billion in net profits last quarter, down sharply fro…

Phil Rosen   


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Saudi Arabia trims oil prices to Asia as booming US exports add competition

Saudi Arabia lowered prices on its flagship Arab Light crude for the first time since June, facing …

Aruni Soni   


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Stock indices surge as Sensex-Nifty start trading week on positive note

Sensex gained 178.02 points, opening at 74,064.96, while Nifty rose by 49.35 points, starting the d…

ANI   


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Sensex-Nifty mark record highs on expectation of Modi 3.0

The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603…

ANI   


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Nifty, Sensex open flat, experts say markets likely to move ahead before results

Indian markets started Tuesday's trading session on a flat note amid mixed global cues. The Nifty 5…

ANI   


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Mukka Proteins shares jump over 57% in debut trade

Shares of Mukka Proteins, which manufactures fish meal, fish oil, and fish soluble paste, on Thursd…

PTI   


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Saudi oil giant Aramco's net income rose by 124% in 2021

The Saudi Aramco announced that its net income in 2021 rose by 124 per cent, reaching $110 billion.…

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OPEC+ extends major oil production cuts until 2025 to stabilise market

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

ANI   


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Saudi Aramco, the world's largest oil exporter, has cut prices from record highs for Asia - but not for the US

China's COVID-19 lockdowns and restrictions are offsetting gains in oil prices caused by fears of R…

Huileng Tan   


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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   


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Saudi Aramco profits soar 39% in the third quarter to $42 billion, fueled by higher global crude prices

Saudi Aramco posted a 39% jump in profit in the third quarter to $42.4 billion, thanks to rising oi…

Zahra Tayeb   


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Saudi Aramco profits soar 82% following oil price surge days after overtaking Apple as most valuable company

World's most valuable company says it is committed to ensuring affordable prices despite "increased…

Jyoti Mann   


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Saudi Aramco, the world's largest oil company, announces record profit of over $161 billion for 2022

The Saudi Arabian Oil Company, commonly referred to as Saudi Aramco, posted a record profit of $161…

Aaron McDade   


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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…

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Apple dethrones oil giant Saudi Aramco as the world's most valuable company

Shares of Apple surged on Friday after the company reported quarterly earnings on Thursday that ble…

Carmen Reinicke   


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Global stocks edge higher as Russia-Ukraine peace talks in focus, while oil rises on Saudi Aramco price boost reports

Investors are looking to negotiations between Russia and Ukraine, while oil remained volatile.

Hamza Fareed Malik   


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Laila Maidan