FeaturedOil & GasAramco to increase crude production amid price warPritam BordoloiMarch 11, 2020 by Pritam BordoloiMarch 11, 2020 The company will increase production by 300,000 barrels per day... Read more
EconomyFeaturedSaudi Arabia to pump Aramco IPO proceeds into its economyPritam BordoloiJanuary 22, 2020January 22, 2020 by Pritam BordoloiJanuary 22, 2020January 22, 2020 Around $30 bn will be invested in different sectors over the years including defence... Read more
Oil & GasAramco is now only company in the world with $2tn valuationPritam BordoloiDecember 13, 2019 by Pritam BordoloiDecember 13, 2019 Aramco’s stocks gained 10% on their second day of trading... Read more
Oil & GasInvestor appetite pushes Aramco valuation to $1.88 tnPritam BordoloiDecember 12, 2019 by Pritam BordoloiDecember 12, 2019 Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday... 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 & GasFIIs account for only 10.5% of Aramco sharesPritam BordoloiDecember 3, 2019 by Pritam BordoloiDecember 3, 2019 Overall institutional investors put in bids worth $38 bn for Aramco IPO... Read more
Oil & GasSaudi Aramco lures investors in Dubai for IPOPritam BordoloiNovember 25, 2019January 24, 2020 by Pritam BordoloiNovember 25, 2019January 24, 2020 The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia... Read more
MarketsSaudi Stock Exchange hosts first accelerated book-built block tradeInternational FinanceSeptember 21, 2017 by International FinanceSeptember 21, 2017 AS&H Law Firm, in co-operation with Clifford Chance, advised Savola Group on the sale of 2% of Almarai... Read more
EconomySaudi Stock Exchange Officially Transitions to T+2 Settlement CycleInternational Finance DeskApril 27, 2017 by International Finance DeskApril 27, 2017 Shift strengthens the Saudi equity market and provides global investors with greater asset. Security Tadawul also introduces securities borrowing and lending and covered short selling... Read more