Int’l investors grabbed bulk of share offering: Saudi AramcoSaudi Aramco's latest offering raised $11.2 billion with international investors acquiring the majority of shares. The Gulf kingdom aims to...
10 Jun, 2024, 07.09 AM IST
Host Saudi warns of economic fallout from Gaza war at global summitSaudi Arabia urges regional stability amid the Israel-Hamas conflict, hosting a summit attended by mediators. Concerns about economic impac...
29 Apr, 2024, 12.19 PM IST
Saudi Aramco reports 24.7 percent drop in profits for 2023Saudi Aramco on Sunday reported a 24.7 percent decline in profits in 2023 compared to the previous year, the result of lower oil prices and...
10 Mar, 2024, 01.45 PM IST
The Saudi fund trying to build a post-oil economyThe Public Investment Fund (PIF) of Saudi Arabia, initially a passive sovereign wealth fund, has become a key player in the country's econo...
26 Oct, 2023, 05.28 PM IST
What is Saudi Arabia's bigger plan as the kingdom bets billions on Messi, Ronaldo?Saudi Arabia wants tourism to account for 10% of its gross domestic product in 2030 and and expert says sport is essential to what the king...
22 May, 2023, 06.48 PM IST
Saudi Aramco reports 46% jump in profits for 2022Aramco's facilities have in the past suffered drone and missile attacks claimed by Yemen's Iran-backed Huthi rebels, most recently about a ...
13 Mar, 2023, 08.40 AM IST
Saudi expecting tens of thousands of World Cup fans: MinisterWith prices high and accommodation options limited in Doha, Qatar's Gulf neighbours are expected to soak up an overflow of fans, organising...
26 Oct, 2022, 08.02 PM IST
Saudi Crown Prince Mohammed bin Salman, the hard-charging heir reshaping the countrySaudi Crown Prince Mohammed bin Salman is known for his super-sized ambitions, from building the futuristic megacity known as NEOM to wagin...
17 Jun, 2022, 03.51 PM IST
Saudi Arabia announces $6.4 billion investments in future techWealthy Gulf countries have launched initiatives to boost non-oil growth and reduce dependence on crude oil as climate change campaigners a...
01 Feb, 2022, 08.50 PM IST
Saudi Arabia's race to attract investment dogged by scepticismUltimatums, combined with abrupt changes in trade deals and taxation regimes, are perceived as another sign of the kingdom's unpredictable ...
16 Nov, 2021, 10.04 AM IST
Saudi Arabia’s bold plan to rule the $700 billion hydrogen marketAs governments and industries seek less-polluting alternatives to hydrocarbons, the world’s biggest crude exporter doesn’t want to cede the...
07 Mar, 2021, 11.14 AM IST
Saudi prince pushes on with $500 billion megacity as U.S. points the finger over Khashoggi killingYet preparations for NEOM, the $500 billion signature project in Prince Mohammed bin Salman's drive to diversify Saudi Arabia's economy, ar...
04 Mar, 2021, 05.54 PM IST
Saudi Arabia and Israel: Quiet prelude to landmark meetingThe meeting reported by Israeli media, if confirmed, would be the first reported trip by an Israeli premier to the kingdom and a major step...
23 Nov, 2020, 05.05 PM IST
The strange story of Uber’s massive fund raising deal from the Saudi governmentThe $3.5 bn deal is now drawing Uber into a global reckoning over the business world's ties with Saudi.
05 Nov, 2018, 09.28 PM IST