EconomyFeaturedSaudi Arabia hosts digital G20 business chief meetingInternational Finance Business DeskApril 23, 2020April 23, 2020 by International Finance Business DeskApril 23, 2020April 23, 2020 The leaders discussed strategies for the post-pandemic period... Read more
EnergyFeaturedMENA needs to spend $148 bn till 2050 to fight climate changeInternational Finance Business DeskApril 21, 2020 by International Finance Business DeskApril 21, 2020 The region would create 1.51 mn jobs in the renewable sector compared to 78 mn lost in the fossil fuel sector... Read more
FeaturedOil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Aramco slashed its selling price for Asian buyers by $4.20 per barrel... Read more
FeaturedOil & GasSaudi Arabia-Russia agree to slash oil output and end the oil price warInternational Finance Business DeskApril 10, 2020 by International Finance Business DeskApril 10, 2020 The parties agreed to cut production by about 10 million barrels a day in May and June... Read more
FeaturedOil & GasTrump, US oil companies to discuss tariffs on Saudi oilInternational Finance Business DeskApril 2, 2020April 2, 2020 by International Finance Business DeskApril 2, 2020April 2, 2020 CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House... Read more
FeaturedOil & GasAramco mulls selling pipeline stake to raise cashInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic... Read more
EnergyFeaturedSaudi Arabia to develop $1.8 bn chemical plant in the kingdomInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 The project will be developed by Saudi Arabia’s Advanced Petrochemicals and South Korea’s SK Gas Petrochemical... Read more
FeaturedOil & GasAramco to cut refinery runs to sustain high oil output through MayPritam BordoloiMarch 20, 2020 by Pritam BordoloiMarch 20, 2020 Aramco to continue supplying crude at a record rate of 12.3 bpd... Read more
Asset ManagementMagazineAlinma’s new fund to distribute periodic incomeInternational FinanceMarch 17, 2020March 19, 2020 by International FinanceMarch 17, 2020March 19, 2020 Such an investment vehicle will be of interest to asset managers and investors managing or interested in savings programmes that also promote a savings culture in Saudi Arabia... Read more
BankingFeaturedCoronavirus: Saudi Arabia plans $13.3 bn stimulus for private sectorInternational FinanceMarch 16, 2020March 18, 2020 by International FinanceMarch 16, 2020March 18, 2020 UAE announces its own $27.2 bn stimulus and Egypt allocates $6.4 bn... Read more