Tag: ARAMCO
5 leading Saudi companies join PIF’s Voluntary Carbon Market Initiative
The Saudi Public Investment Fund (PIF) has revealed that five leading Saudi Arabian businesses have signed a separate non-binding Memorandum of Understanding (MoU) to...
Aramco partners with Emerson to develop Saudi’s manufacturing skills
Saudi Arabia’s multinational petroleum and natural gas company, Saudi Aramco, has signed an agreement with Emerson Electric, a US-based global technology and engineering company,...
Saudi Arabian firm may cut dividends to fund the Kingdom’s economy
Saudi Arabia's biggest publicly traded firms have decided to cut dividends and reinvest the money in the local economy as the crown prince attempts...
ARAMCO and ADNOC CEOs optimistic about oil consumption reaching pre-Covid levels...
Chief Executive Officers of Saudi Arabian Oil Company, Saudi Aramco, and Abu Dhabi National Oil Company (ADNOC) are optimistic that oil demand will return...
Saudi Aramco plans to raise fund from asset sales
Saudi Arabia’s multinational petroleum and natural gas company is planning to raise billions of dollars from investors by selling stakes in some subsidiaries, according...
Saudi’s SABIC is weighing an IPO of specialty chemicals unit by...
One of the largest petrochemical firms in the Middle East, Saudi Basic Industries Corp. (SABIC) is reportedly planning for an initial public offering (IPO)...
SABIC consolidates its agri-nutrients business with SAFCO deal
Saudi Arabian multinational chemical manufacturing company Saudi Basic Industries Corp (SABIC) will sell its agri-nutrients business to Saudi Arabia Fertilizers Co (SAFCO), a firm...
Saudi Aramco halts billion-dollar deals amid oil price crash
Saudi Arabia’s official oil company, Saudi Aramco is now slowing down and reviewing its multi-billion-dollar expansion projects due to lower oil prices and a...