Saudi Arabia will push for an extension of oil-production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initial public offering share Continue Reading
Saudi Aramco’s share sale has attracted bids worth $44.3 billion as of Friday, about 1.7 times the amount the kingdom’s government plans to raise in what is on course to Continue Reading
OPEC’s largest producer and de facto leader Saudi Arabia will likely tell fellow producers in the OPEC+ pact next week that the Kingdom would no longer tolerate and compensate for Continue Reading
Saudi Arabia has over the past two weeks detained at least eight citizens critical of the kingdom, in what rights groups are calling an escalation in an already two-year-long crackdown Continue Reading
Apparently feeling emboldened by the fact that Saudi Arabia suffered zero repercussions over the Oct.3, 2018 state-ordered murder of Jamal Khashoggi , other than Crown Prince Mohammad bin Salman (MbS) Continue Reading
Abu Dhabi could invest up to US$1.5 billion in the initial public offering of Saudi Aramco, Bloomberg reported on Tuesday, citing people familiar with the matter. Saudi Arabia now relies Continue Reading
The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi Aramco, which is relying mainly on Saudi and Gulf investors Continue Reading
A Reuters investigation has concluded that an Iranian coalition was behind the September 14 attack on the oil facilities of oil giant Saudi Aramco, with Iran’s Supreme Leader Ayatollah Ali Continue Reading
Four months before a swarm of drones and missiles crippled the world’s biggest oil processing facility in Saudi Arabia, Iranian security officials gathered at a heavily fortified compound in Tehran. Continue Reading
Saudi authorities have arrested several high-profile people in recent days, extending an effort to sideline Crown Prince Mohammed bin Salman’s perceived opponents, despite a push to repair the kingdom’s international Continue Reading
