Saudi Arabia's Aramco reports lower half-year profits as economic worries dampen energy pricesSaudi Aramco reported half-year profits of $56.3 billion, a decline from the previous year attributed to lower crude oil volumes and refini...
06 Aug, 2024, 12.33 PM IST
Aramco sale set to raise at least $11.2 billion for Saudi ArabiaSaudi Aramco's mega stock offering, set to raise $11.2 billion, supports the government's economic transformation. The sale includes Aramco...
07 Jun, 2024, 08.03 AM IST
Oil giant Saudi Aramco reports $31.88B profit in 1st quarterSaudi Arabian Oil Co. (Saudi Aramco) announced a first-quarter profit on Tuesday of $31.88bn, down from $39.47bn for the same quarter last ...
09 May, 2023, 01.49 PM IST
Oil giant Saudi Aramco has profits of $161 billion in 2022The oil giant Saudi Aramco announced that it earned a $161 billion profit last year. Higher crude oil prices propelled the profits. The ann...
12 Mar, 2023, 03.17 PM IST
Saudi bourse set to start options trading on single stocksThe Tadawul stock exchange plans to allow options trading in five to 10 companies initially over the next few weeks, the people said, askin...
18 Feb, 2022, 04.08 PM IST
Welspun joint venture company EPIC lists on Saudi bourseThe company's market capitalization at the opening price stood around Rs 3,700 crores. Post the public market debut, Welspun Corp owns abou...
14 Feb, 2022, 08.33 PM IST
Saudi Arabia: Drones attack Riyadh oil facility; no damageThe dawn attack caused no injuries or damage, and did not disrupt oil supplies, according to the official Saudi Press Agency. The kingdom i...
20 Mar, 2021, 09.59 AM IST
Saudi bourse Tadawul officially launches derivatives marketSaudi Arabia has become a member of Tadawul with the right to conduct brokerage services for derivatives trading and to deal as a principal...
30 Aug, 2020, 05.09 PM IST
Not even Aramco’s giant IPO can get Saudis trading more stocksWhile there were trading spikes around certain events, they proved short-lived.
30 Jan, 2020, 11.17 AM IST
Listing catapults Saudi Arabia ahead of Canada, Germany in market capitalisationThe company’s stock hit the daily upper circuit limit of 10 per cent on the Riyadh’s Tadawul stock exchange on the opening day.
12 Dec, 2019, 08.39 AM IST
NSE may set up derivatives desk in RiyadhHowever, restrictions on future share sales mean an international IPO may be ruled out.
11 Nov, 2019, 08.39 AM IST
Saudi Aramco IPO could be delayed until 2019The planned sale of 5 per cent of Aramco could bring Saudi Arabia $100 billion.
12 Mar, 2018, 08.30 AM IST
Saudi Aramco set to shake up global markets with $1.5-trillion valuationThe market capitalisation of Aramco will be almost twice that of Apple Inc.
25 Jan, 2018, 02.52 PM IST
Saudi bourse takes more steps to bolster emerging markets caseThe Saudi government plans to create the world’s largest sovereign wealth fund.
11 Jan, 2018, 10.46 AM IST
Donald Trump urges Saudi Arabia to list Aramco on New York Stock Exchange“Important to the United States!” Trump said in a Twitter post from Honolulu early Saturday.
05 Nov, 2017, 10.49 AM IST
Saudi Arabia is all set for the world's biggest IPO: Here are the vital statsSaudi Arabia is aiming to sell 5 per cent of Saudi Aramco. The share sale would be worth $100 billion, four times the world's biggest IPO o...
03 Mar, 2017, 04.24 PM IST
How Saudi Aramco IPO could impact global marketsThe highly-anticipated share sale has become emblematic of Saudi Arabia's push to transform its economy and open its doors to more foreign ...
27 Feb, 2017, 08.06 AM IST