unclassified S. Arabia mulls reviving Aramco share sale Nada Ali Jan 31, 2024 0 Saudi Arabia is considering a reviving plan for a follow-on share offering in Saudi Aramco to raise at least $10…
Featured S. Arabia’s economy shrinks in Q4 ’23 Aya Anwar Jan 31, 2024 0 Saudi Arabia’s economy shrank in the fourth quarter after it continued to reduce oil output in an effort to raise…
Featured Saudi Aramco requested to cut max capacity target back to 12 mbpd Aya Anwar Jan 30, 2024 0 Saudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity from…
Featured Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks Sama Mousa Jan 22, 2024 0 German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the…
Featured S. Arabia’s Almarai posts 16.4% net profit in ’23 Nada Ali Jan 21, 2024 0 Saudi Arabia dairy giant, Almarai, registered a 16.4 per cent increase in net profit to Saudi riyals 2.05 billion…
Featured S. Arabia eyes investment in semiconductors, space industries Sama Mousa Jan 16, 2024 0 Saudi Arabia’s sovereign wealth fund is set to invest in semiconductor and space industries in 2024 to accelerate…
Featured S. Arabia’s inflation drops to 1.5% in December Aya Anwar Jan 15, 2024 0 Consumer Price Index (CPI) showed that the country’s annual inflation rate slightly declined by 1.5 per cent.
Banks S. Arabia borrows $12bln in bonds Aya El Sayed Jan 9, 2024 0 Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
MENA News S. Arabia’s PIF buys 23.08% stake in MEPCO Nada Ali Jan 4, 2024 0 Saudi Arabia's Public Investment Fund (PIF) announced on Thursday that it has acquired a 23.08 per cent in Middle…
News S. Arabia to borrow $23 bln in ’24 – statement Nada Ali Jan 4, 2024 0 Saudi Arabia's National Debt Management Center (NDMC) said on Thursday that the Kingdom expects $22.93 billion…