Featured Oil & 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
Featured TechnologyWEF’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
Featured Oil & GasSaudi Aramco plans $110 bn investment to develop Jafurah gas fieldInternational FinanceFebruary 24, 2020March 18, 2020 by International FinanceFebruary 24, 2020March 18, 2020 The field is estimated to have a gas volume of 200 trillion cubic feet... Read more
Featured TradingGCC: 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 warInternational FinanceJanuary 9, 2020January 24, 2020 by International FinanceJanuary 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
BankingBank of America hires Saudi investment banking headInternational Finance DeskNovember 13, 2019 by International Finance DeskNovember 13, 2019 Saud Al Tassan has previously worked at NCB Capital and Banque Saudi Fransi... Read more
Oil & GasSaudi Aramco aims for $ 1.6 tn to $1.8 tn valuation at IPOSamuel AbrahamNovember 4, 2019 by Samuel AbrahamNovember 4, 2019 Aramco made a net income of $111 billion in 2018, making it the most profitable of any global corporations... Read more