Saudi Aramco - Global Business Magazine

Saudi PIF-backed ADES Holding to Offer 30% Stake on Saudi Exchange

Global Business Magazine August 29, 2023

In what is touted as one of the biggest Initial Public Offering (IPO) on Saudi exchange’s main market Tadawul, ADES Holding Read More

Energy Featured News Regional

Saudi Arabia Announces Financial Closure for Two Solar PV Projects

Global Business Magazine August 22, 2023

Saudi Arabia’s move to harness solar power and move away from using fossil fuels to generate electricity, has gathered pace with Read More

Business Featured Mergers and Acquisitions News Regional

Saudi PIF-backed Nesma to Acquire Dubai-based Private Energy Firm

Global Business Magazine August 2, 2023

Nesma & Partners Contracting Company Ltd, which is partly owned by Saudi Arabia’s SWF Public Investment Fund, on Tuesday signed an agreement Read More

Economy Featured News Regional

GCC Award Contracts Worth $29.9 Billion in Q1 of 2023

Global Business Magazine May 16, 2023

Putting behind the global economic turmoil and growing inflation, the GCC countries have awarded projects worth $29.9 billion in the first three months Read More

Finance Featured News Oil & Gas Regional

Aramcos’ Net Income Down in Q1-2023

Global Business Magazine May 10, 2023

Saudi Arabia’s energy major Aramco, the world’s second biggest company after Apple Inc, on Tuesday reported a first quarter 2023 net Read More

Business Breaking News Featured News Regional

Saudi Aramco Becomes Second Biggest Company in the World

Global Business Magazine May 3, 2023

Saudi Aramco has overtaken global tech giant Microsoft and became the world’s second largest company as its market value has soared Read More

Business Featured News Regional

Aramco and Pertamina explore hydrogen and ammonia value chain

Global Business Magazine November 21, 2022

Aramco and Indonesia’s PT Pertamina (Persero) are exploring collaboration across the hydrogen and ammonia value chain.Read More

Finance Featured News Regional

Aramco’s income increase 39% YoY to $42.4 billion in Q3 of 2022

Global Business Magazine November 2, 2022

Saudi oil giant Saudi Aramco on Tuesday announced the third quarter financial results ending in September 2022 wherein the company’s income rose 39% Read More

Finance Featured News Regional

Saudi Aramco post 90% Y-o-Y increase in net income to $48.4 billion in H1 of 2022.

Global Business Magazine August 15, 2022

The Saudi Arabian Oil Company (Aramco) has posted a 90% year-on-year (Y-o-Y) increase in net income and declared a dividend of $18.8 billion to Read More

Business Featured News Regional

Response Holding Plus plans to expand operations in Saudi Arabia and India

Global Business Magazine August 8, 2022

Response Holding Plus, a subsidiary of ADX-listed International Holding Company (IHC) in Abu Dhabi, is planning to expand its operations in Saudi Read More

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