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DUBAI: Saudi state oil giant Aramco will sell 0.5% of its shares to individual retail investors and the government will have a lockup period of a year on further share sales after the initial public offering (IPO), according to its prospectus on Saturday.
WASHINGTON (Reuters) - The United States and six Gulf countries agreed to jointly impose sanctions on 25 corporations, banks and individuals linked to Iran's support for militant networks including Hezbollah, the U.S. Treasury Department said on Wednesday.
DUBAI: Saudi Aramco is pressing ahead with plans to become the world’s biggest oil refiner and a top chemicals maker to secure future demand for its crude and bolster growt
RIYADH (Reuters) - U.S. Defense Secretary Mark Esper arrived in Saudi Arabia on Monday, his first trip to the key Middle East ally since taking the job this summer, as tensions simmer between Washington and Tehran, and Russia seeks to increase its regional influence.
ON PAPER, you could scarcely imagine two more different companies than WeWork and Saudi Aramco.
Economic uncertainty and a bearish oil demand outlook continue to offset heightened geopolitical risks and keep a lid on oil prices.
JERUSALEM (Reuters) - Secretary of State Mike Pompeo underscored U.S.-Israeli efforts to counter Iran in talks with Prime Minister Benjamin Netanyahu on Friday, in an apparent attempt to ease concerns in Israel that Tehran could exploit a U.S. military pullback in Syria.
LONDON: Saudi Aramco’s stop-start initial public offering was delayed again just days before a planned launch as doubts re-emerged about the $2 trillion valuation placed on the state oil giant by Crown Prince Mohammed bin Salman.
WASHINGTON (Reuters) - The United States carried out a secret cyber operation against Iran in the wake of the Sept. 14 attacks on Saudi Arabia's oil facilities, which Washington and Riyadh blame on Tehran, two U.S. officials have told Reuters.
DUBAI (Reuters) - Saudi Arabian forces have taken over control of Yemen's southern port of Aden as part of efforts to end a power struggle between the Saudi-backed Yemeni government and southern separatists, four sources familiar with the matter said.