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The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.
Saudi oil giant Aramco (ARMCO) is reportedly considering selling up to five gas-fired power plants, as part of a broader ...
Saudi Aramco is considering selling up to five power plants and increasing debt to sustain payouts to Saudi Arabia amid ...
BlackRock (NYSE:BLK) is currently in talks to sell its stake in the leasing rights to Saudi Aramco’s natural-gas pipeline, a ...
BlackRock is considering a sale of its stake in the leasing rights to Saudi Aramco's natural-gas pipeline network back to the ...
Saudi Aramco saw its Q1 2023 net profit decline by 19% year-on-year. Many Western investors are concerned that Saudi Arabia uses Aramco as a cash–cow for non-hydrocarbon related projects.
Saudi Arabia’s giant state-owned oil company, Saudi Aramco, on Thursday set the price of its initial public offering at a level that would raise $25.6 billion, a sum that is expected to make it ...
A small portion of Saudi Aramco will be listed as early as 2017, and the shares could trade on up to four markets: New York, London, Hong Kong and Saudi Arabia's capital Riyadh.. Here's what you ...
Saudi Aramco shares zoomed higher on Thursday, turning the massive state oil producer into the world's first $2 trillion company and achieving the valuation long sought by Crown Prince Mohammed ...
Saudi Aramco’s investment in the U.S. Saudi Aramco’s numerous business ventures, as well as its IPO, demonstrate it “is a national oil company that wants to become a global energy company ...
Aramco unexpectedly pulled back its I.P.O. plans a year ago, at a time of low oil prices, and instead decided to pursue a stake in Sabic, a huge Saudi chemical producer controlled by the country ...
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