Saudi Aramco - Global Business Magazine

Gulf stocks rise as oil zooms past $110

Global Business Magazine March 2, 2022

Middle East stock markets rose on Wednesday as oil prices skyrocketed past $110 a barrel on worries over the impact of aggressive sanctions Read More

Finance Featured News Regional

Saudi Arabia’s TASI closes at 12,674 points, the highest since July 2006

Global Business Magazine March 2, 2022

The Tadawul All Share Index (TASI), Saudi Arabia’s main stock market indicator, increased by 0.67%, or 84 points, to reach 12,674 on Tuesday, rising Read More

Finance News Regional

Pharmacy firm Nahdi aims to raise up to $1.36 bln in Saudi Arabia’s biggest IPO since Aramco

Global Business Magazine March 1, 2022

Nahdi Medical Co, Saudi Arabia's market leader in retail pharmacies, aims to raise up to 5.11 billion riyals ($1.36 billion) in the country's biggest Read More

Energy Featured Oil & Gas Regional

Saudi Arabia Announces Discovery Of Five Major Gas Fields

Global Business Magazine March 1, 2022

In a major development, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has confirmed that the Saudi Aramco has struck five Read More

Business News World

Abu Dhabi’s ADIC and U.S. partner weigh sale of stake in OiLSERV – sources

Global Business Magazine February 25, 2022

State-backed Abu Dhabi Investment Council (ADIC) and U.S. private equity firm Lime Rock Partners are weighing the sale of their stake Read More

Finance News World

Major Gulf bourses mixed in early trade

Global Business Magazine February 21, 2022

Major stock markets in the Gulf were mixed in early trade on Monday, amid plans by U.S. President Joe Biden and Read More

Business Featured News Regional

UAE Leads MENA Region’s M&A Activity In 2021 with 303 Deals

Global Business Magazine February 16, 2022

The UAE led Middle East and North Africa (MENA) region as far as Merger & Acquisition (M&A) activity was concerned Read More

Energy Featured News Regional

Boost For Saudi Renewables After Aramco Transfers Shares To PIF

Global Business Magazine February 14, 2022

When Saudi Arabia’s Crown Prince Mohammed bin Salman announced transfer of Saudi Aramco’s 4% shares to state-owned Public Investment (PIF), it Read More

Energy News Regional World

Saudi Crown Prince Mohammed Bin Salman Transfers 4% Of Aramco Shares To PIF

Global Business Magazine February 13, 2022

Saudi Crown Prince Mohammed bin Salman on Sunday announced the transfer of 4% of oil and gas giant Saudi Aramco shares to the Read More

Business News Oil & Gas World

Saudi Aramco buys 7.4% stake in Norwegian software firm Cognite

Global Business Magazine February 2, 2022

Saudi Aramco (2222.SE) has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP (AKRBP.OL), Cognite said Read More

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