EconomyFeaturedSaudi Arabia to pump Aramco IPO proceeds into its economyPritam BordoloiJanuary 22, 2020January 22, 2020 by Pritam BordoloiJanuary 22, 2020January 22, 2020 Around $30 bn will be invested in different sectors over the years including defence... Read more
Oil & GasInvestor appetite pushes Aramco valuation to $1.88 tnPritam BordoloiDecember 12, 2019 by Pritam BordoloiDecember 12, 2019 Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday... Read more
Oil & GasExperts: $2 tn valuation possible for AramcoPritam BordoloiDecember 11, 2019 by Pritam BordoloiDecember 11, 2019 High demand, reducing production and incentivising shares could drive share prices up... Read more
Oil & GasFIIs account for only 10.5% of Aramco sharesPritam BordoloiDecember 3, 2019 by Pritam BordoloiDecember 3, 2019 Overall institutional investors put in bids worth $38 bn for Aramco IPO... Read more
Oil & GasAbu Dhabi mulls over $1.5 bn Aramco investmentPritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 The investment will be made through Abu Dhabi’s state-owned entities... Read more
Oil & GasSaudi Aramco lures investors in Dubai for IPOPritam BordoloiNovember 25, 2019January 24, 2020 by Pritam BordoloiNovember 25, 2019January 24, 2020 The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia... Read more
Oil & GasAdnoc eyes $45 bn downstream investment in India, ChinaPritam BordoloiNovember 15, 2019January 24, 2020 by Pritam BordoloiNovember 15, 2019January 24, 2020 The oil giant is also looking to develop refining and petrochemical facilities in the UAE... Read more
Oil & GasAramc to sell 0.5% shares to individual investorsPritam BordoloiNovember 11, 2019 by Pritam BordoloiNovember 11, 2019 The Saudi government will have a lock-in period of a year on further share sales after the IPO... Read more
Oil & GasAramco and other oil giants to bid for stake in India’s BPCLPritam BordoloiOctober 21, 2019 by Pritam BordoloiOctober 21, 2019 The government of India is looking to offload its 53.29% stake in Bharat Petroleum after privatisation was approved on September 30... Read more
Oil & GasAramco to pay up to $450 mn as fees to IPO advisorsPritam BordoloiOctober 17, 2019 by Pritam BordoloiOctober 17, 2019 Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco... Read more