Kuwait Airport’s T4 revenue to reach $328 mn in 5 years
T4 also helps the airport operate efficiently, control passenger traffic, and improve punctuality...
Tag : Saudi Arabia
New Aramco chairman takes charge, assures transparency
Yassir Al Rumayyan’s appointment is a clear indication that Saudi Arabia is fast-tracking a local listing of Aramco...
Aramco replaces chairman with sovereign wealth fund chief
Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO...
Saudi Aramco favours Tokyo for international listing of its IPO
London and Hong Kong, considered previously for the listing, have been eliminated owing to political uncertainties...
Portfolio investments lead foreign inflows into Saudi Arabia
Despite weaker performance from its banking and energy, investors show interest in Saudi Arabia...
Mena fund managers increase investments in UAE, Egypt
Funds to reduce allocation to Saudi Arabia while keeping the earlier exposure to other Mena countries...
Moody’s: Islamic Bond issuance to hit $130 bn in 2019
Total issuance in H1 2019 increases by 37% to $87 bn when compared to the same period last year...
Saudi Aramco buys 20% in Reliance’s OTC business for $15 bn
The deal is India's largest foreign direct investment till date...
Saudi Aramco valuation gap might complicate its IPO
While Saudi Crown Prince Mohammed Bin Salman is insisting on a US$2 tn valuation, bankers value the company at $1.5 tn...
Saudi Arabia’s budget deficit in second quarter widens to $8.9 bn
Saudi Arabia's spending was up by 5% but oil revenue dropped 4% year-on-year...