Aramco and other oil giants to bid for stake in India’s BPCL
The government of India is looking to offload its 53.29% stake in Bharat Petroleum after privatisation was approved on September 30...
Tag : Saudi Arabia
Agility launches logistics complex in Saudi Arabia
The development of the logistics complex is part of Agility’s $267 mn investment in the Kingdom...
Aramco to pay up to $450 mn as fees to IPO advisors
Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco...
Saudi Arabia develops kingdom’s largest integrated logistics zone
The zone will support activities around shipping, freight distribution and transport of goods...
Saudi Arabia fintech HyperPay for MEA Expansion
The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman...
Saudi Arabia’s Dar Al Arkan to raise $600 mn through sukuk
The sukuk offers an interest rate of 7% and is due on 2025...
Islamic financial assets grow over $2 tn globally: IMF
Almost 85% of these assets are from the banking sector...
Saudi Aramco to publish IPO prospectus by month-end
The prospectus will be published in Arabic on October 25 and then in English two days later...
5G to boost MENA’s GDP by $15.4 bn
Saudi Arabia and UAE will be among the top contributors...
5G subscribers in the Middle East to reach 60 mn: Ericsson
A majority of the subscribers will be from Saudi Arabia and the UAE...