Saudi
HSBC bolsters Saudi Arabia investment banking team to tap deals boom
HSBC Holdings named new heads for two of its investment banking businesses in Saudi Arabia to bolster its position in a hot spot for deal activity.
Mehdi Benabdallah has been...
Saudi Aramco’s US$12 billion stock offer sells out in hours
Saudi Aramco’s US$12 billion share sale sold out shortly after the deal opened on Sunday (Jun 2), in a boon to the government that’s seeking funds to help pay...
Saudi Arabia set to launch US$10 billion Aramco share sale on Jun 2
SAUDI Arabia is preparing to formally launch a secondary offering of shares in oil giant Saudi Aramco as soon as Sunday (Jun 2) that could raise more than US$10...
Saudi Arabia plans Aramco share sale as soon as June: sources
SAUDI Arabia is planning a multi-billion-US dollar share sale in energy giant Aramco as soon as June in what would be one of the region’s biggest stock deals, two...
Saudi Aramco interested in buying minority stake in Repsol’s renewable unit
State-controlled oil company Saudi Aramco is interested in buying a minority stake in the renewable unit of Spanish oil company Repsol, newspaper Expansion reported on Friday (May 24), citing...
IBM makes more AI models open source and lands Saudi Arabia deal
INTERNATIONAL Business Machines (IBM) on Tuesday (May 21) said that it will release a family of artificial intelligence models as open-source software, and that it will help Saudi Arabia...
Airbus wins historic order from Saudi Arabia’s flagship carrier
AIRBUS secured an order for 105 of its narrow body jets from Saudi Arabia’s flagship carrier as the kingdom pours billions of dollars into turning the country into an...
Oil prices climb amid uncertainty over Iran president’s fate, Saudi King’s health
OIL prices extended gains on Monday, inching up amid political uncertainty at major producing countries after Iran’s president was feared dead in a helicopter crash and the Saudi crown...
