saudi arabia

Aramco in advanced talks on up to $25 bln Reliance deal – Bloomberg News

Saudi Aramco (2222.SE) is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's (RELI.NS) oil refining and chemicals business for…

4 years ago

Analysis: OPEC disagreement lays bare growing UAE-Saudi economic rivalry

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry…

4 years ago

EXCLUSIVE New Saudi airline plan takes aim at Emirates, Qatar Airways

Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Emirates and Qatar…

4 years ago

Goldman, Blankfein, Cohn must face shareholder lawsuit over 1MDB scandal

Goldman Sachs Group Inc (GS.N) and two former top executives were ordered by a U.S. judge on Monday to face…

4 years ago

Maersk VC co-leads funding round in Egyptian start-up Trella

Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including…

4 years ago

Analysis: DAMAC delisting plan piles pressure on shrinking Dubai market

Dubai’s stock market is set for another delisting, raising a question mark over the future of one of the Gulf’s…

4 years ago

Saudi first quarter GDP shrinks 3%, hit by oil sector decline

Saudi Arabia's gross domestic product fell 3% in the first quarter, slightly less than official estimates and compared with a…

4 years ago

Saudi Aramco in talks with banks for new bond sale – sources

Saudi Arabian oil group Aramco (2222.SE) is in talks with banks for a U.S. dollar-denominated bond issue, two sources said,…

4 years ago

Oil extends gains on OPEC+ supply discipline and demand prospects

Oil rose on Wednesday, supported by an OPEC+ decision to stick to its plan to restore supply to the market…

4 years ago

Buy now, pay later players tackle credit conundrum in Mideast’s Gulf

Financial technology start-ups in Saudi Arabia and the United Arab Emirates offering online short-term credit say they are enjoying exponential…

5 years ago