Saudi
Saudi Aramco to expand huge gas plant as global demand surges
SAUDI Aramco is moving ahead with plans to expand the Fadhili gas processing facility in the kingdom’s Eastern Province as part of its strategy to tap vast and under-developed...
Saudi Aramco CEO calls energy transition strategy a failure
POINTING to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday....
Oil prices climb 2% to 4-month high on lower Iraq, Saudi exports
OIL prices climbed about 2 per cent to a four-month high on Monday on lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth...
Saudi Arabia banks embark on record bond binge for mega-projects
SAUDI Arabia’s banks could raise a record amount of debt this year as a liquidity squeeze strains Crown Prince Mohammed Salman’s multi-trillion dollar economic transformation agenda. Lenders may need...
Saudi Arabia in talks to add top Wall Street banks to Aramco share sale
SAUDI Arabia is in talks to add top Wall Street banks for a secondary share sale in oil giant Aramco, as it pushes ahead with one of the largest...
Saudi wealth fund eyes US$20 billion windfall from Aramco dividend
SAUDI Arabia’s sovereign wealth fund is set to earn about US$5 billion in dividend payments every quarter from its stake in Aramco after the government handed it more shares...
Saudi Aramco boosts dividend despite drop in 2023 profit
Saudi Arabia’s state-owned oil giant Aramco said on Sunday (Mar 10) that it boosted its dividends last year despite net profit falling to 454.7 billion Saudi riyals (S$161.7 billion, US$121.3...
Red Bull Suspends Christian Hornor’s Sexting Accuser Female Colleague in Dramatic Move as F1 Boss is Seen Without Wife Geri Halliwell in Saudi Arabia
The female employee who accused Christian Horner of sexting her has been dramatically suspended by Red Bull according to reports. Meanwhile, the F1 boss appeared in Saudi Arabia without...
