FeaturedMarketsWith 84% share, Saudi Arabia emerges as Gulf’s top dividend marketInternational Finance Business DeskJuly 27, 2026July 27, 2026 by International Finance Business DeskJuly 27, 2026July 27, 2026 As per global asset manager Janus Henderson, Saudi Aramco remained the single largest dividend payer in the global index... Read more
FeaturedTransportSaudi Aramco’s Lumi sets price range for IPO, eyes USD 290 million targetIFM CorrespondentSeptember 26, 2023 by IFM CorrespondentSeptember 26, 2023 According to a statement released by Lumi, the price range was established between 62 and 66 riyals per share, which would give the firm a worth of up to 3.63 billion riyals... Read more
FeaturedOil & GasSaudi Aramco to open up the Jafurah gas field to foreign investorsIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It is one of the largest unconventional gas fields in the world... Read more
FeaturedTechnologyWEF’s blockchain toolkit to maintain supply chain resilience during crisisInternational Finance Business DeskMay 1, 2020May 1, 2020 by International Finance Business DeskMay 1, 2020May 1, 2020 Supply chain resilience largely depends on trust, transparency and integrity which can be improved using the technology... Read more
FeaturedOil & GasSaudi Aramco plans $110 bn investment to develop Jafurah gas fieldBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The field is estimated to have a gas volume of 200 trillion cubic feet... Read more
FeaturedTradingGCC: IPOs in Q42019 raises $26 bnPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Saudi Aramco’s IPO alone raised around $25.6 bn... Read more
Oil & GasSaudi Aramco shares fall $200 bn amid fears of impending US-Iran warBharath KumarJanuary 9, 2020January 24, 2020 by Bharath KumarJanuary 9, 2020January 24, 2020 Under the shadow of a US-Iran clash, Saudi Aramco shares have plunged by 10%... Read more
Oil & GasAramco allocates 23% shares to non-Saudi investors in IPOPritam BordoloiDecember 10, 2019 by Pritam BordoloiDecember 10, 2019 Aramco is expected to list 1.5% of its shares on the Tadawul later this week... Read more
Oil & GasAramco raises $25.6 bn in IPO with shares priced at $8.53International Finance DeskDecember 6, 2019January 24, 2020 by International Finance DeskDecember 6, 2019January 24, 2020 Aramco is expected to achieve a valuation of $1.7 trillion... Read more
Oil & GasAramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more