Aramco allocates 23% shares to non-Saudi investors in IPO
Aramco is expected to list 1.5% of its shares on the Tadawul later this week
Aramco is expected to list 1.5% of its shares on the Tadawul later this week
To be developed at Jebel Ali Port in Dubai, the facility will serve as a strategic gateway to facilitate chemical trade across GCC
The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn
The SPC has also approved the move to list Murban crude on a globally-recognised exchange to improve its sales
ADB will provide a loan of $37 mn to Vietnam-based independent power producer for the project
The country plans to sell at least 26 percent stakes by 2020 and early 2021
Investment to spread over the next five years and is part of the move to generate more than 75% of power from clean sources
The privatisation of eight Petrobras’ refineries could raise around $18 bn
Renewable energy becomes one of the most attractive sectors for investors in 2019, after fintech and education
The move reflects the country’s efforts to achieve environmental targets amid rising climate change
Saiterm vows to revolutionise the global heating market with their eco-friendly infrared Spring technology
Global oil prices eased in early Asian trading on Monday on concerns that the United States is poised to impose additional tariffs on China