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Aramco, the state-controlled oil company in Saudi Arabia, is considering offering $50 billion in shares, the Wall Street Journal reported, citing unnamed sources—such a sale would amount to the ...
State-backed oil company Saudi Aramco has been forced to raise $3bn (SR11.25bn) from Islamic bonds in order to pay dividends to the government in Saudi Arabia. At the same time, the Saudi ...
Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange.
Saudi Arabia’s national oil company, Saudi Aramco, is seeking to borrow more from the financial markets to meet its investment needs, having raised $5 billion this week in its first dollar-bond ...
An employee rides a bicycle next to oil tanks at a Aramco facility. Saudi Arabia is transferring a big stake in the company to the country's main sovereign wealth fund. (Maxim Shemetov/Reuters ...
Saudi Arabia has raised more than $12bn (SR45bn) from selling additional shares in state-owned Aramco, after the offering was increased for the energy giant. The company, one of the most valuable ...
Saudi oil giant Aramco is weighing a fresh stock offering that could allow the state-owned oil company to tap billions of dollars, as the kingdom ploughs ahead with mega projects designed to ...
PARIS - Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project involves ...
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Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlierA fraction of Aramco trades on the Tadawul while the lion’s share of the company is owned by Saudi Arabia’s government, helping pay for expenditures and adding to the wealth of the country’s ...
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