By Joe Bavier and Alexander Winning JOHANNESBURG (Reuters) – South Africa aims to free up over a billion dollars in stalled weapons sales, including to Saudi Arabia and United Arab Emirates, by amending a document at the heart of an export row, a senior arms control official told Reuters. LocalRead More →
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.15% Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the declined 0.15%. The best performers ofRead More →
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.71% Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the declined 0.71%. The best performers ofRead More →
Saudi supporters called for an Amazon boycott on Thursday, angered by the accusations that their crown prince had hacked Jeff Bezos’s phone. U.N. human-rights experts linked Crown Prince Mohammed bin Salman on Wednesday to the hacking of a phone belonging to the Amazon AMZN, -0.43% founder and Washington PostRead More →
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.24% Investing.com – Saudi Arabia stocks were higher after the close on Monday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the added 0.24%. The best performers ofRead More →
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.12% Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the lost 0.12%. The best performers ofRead More →
© Reuters. FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran DUBAI (Reuters) – State-owned oil company Saudi Aramco (SE:) said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering (IPO)Read More →
© Reuters. A trader uses a computer at the Doha Stock Exchange in Doha DUBAI (Reuters) – Shares of Saudi Aramco (SE:) opened at 34 riyals ($9.06) on Wednesday, their lowest level since the oil giant began trading on December 11, after Iran launched missiles on U.S. targets in Iraq.Read More →
Saudi Aramco shares have tumbled 10% from their peak levels less than a month after IPO, however, it still looks too expensive compared to peers. Last week the U.S. ordered a drone strike which killed Iran’s most prominent general Qassem Soleimani and caused crude oil futures (TICKER:UK:BRENT CRUDE) to brieflyRead More →
© Reuters. Fincantieri wins $1.3 billion U.S. Navy contract to build four ships for Saudi Arabia MILAN (Reuters) – Italian state-owned shipbuilder Fincantieri (MI:) won a contract worth approximately $1.3 billion from the U.S. Navy to build four ships for Saudi Arabia, it said on Friday. The order is partRead More →
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.92% Investing.com – Saudi Arabia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the lost 0.92%. The best performers ofRead More →
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.55% Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the gained 0.55%. The best performers ofRead More →
© Reuters. Amin H. Nasser, President and CEO of Aramco, attends the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s stock market, in Riyadh DUBAI (Reuters) – Saudi Aramco’s (SE:) share price jumped 10% for the second consecutive day, hitting 38.7 riyals ($10.32)Read More →
© Reuters. Saudi Aramco Investors Should Cash Out Now, Bernstein Says (Bloomberg) — Saudi Aramco (SE:) investors should take profit now after shares in the world’s biggest company jumped 10% in their first day of trading Wednesday, analysts at Sanford C. Bernstein & Co. recommended in a note to clients.Read More →
© Reuters. FILE PHOTO: Sign of Saudi Aramco’s IPO is seen during a news conference by the state oil company in Dhahran By Hadeel Al Sayegh, Marwa Rashad and Rania El Gamal DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history,Read More →
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63% Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the gained 0.63%. The best performers ofRead More →
© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.78% Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the lost 0.78%. The best performers ofRead More →
© Reuters. FILE PHOTO: Amin H. Nasser, president and CEO of Saudi Aramco, speaks during a news conference in Dhahran By Ahmed Hagagy, Tuqa Khalid and Hadeel Al Sayegh DUBAI (Reuters) – Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying toRead More →
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.11% Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the added 0.11% to hit a newRead More →
© Reuters. A Saudi man reads the prospectus of Aramco IPO, in Riyadh By Hadeel Al Sayegh, Saeed Azhar and Rania El Gamal DUBAI (Reuters) – Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2 trillion soughtRead More →
DUBAI (Reuters) – Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources familiar with the matter said. Aramco had said in its IPO prospectus earlier this month that the offering of shares would rely on the 144A rule of theRead More →
By Marwa Rashad and Davide Barbuscia RIYADH/DUBAI (Reuters) – The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia’s young and untested Tadawul stock exchange. The Tadawul has said it has been preparing for years and is primed for the long-awaited share sale in comingRead More →
Dara Khosrowshahi, chief executive of Uber Technologies Inc., was forced to quickly backtrack after calling the murder of Saudi journalist Jamal Khashoggi a “mistake,” comparing it to a fatal crash by one of his company’s self-driving cars. In an interview that aired Sunday on “Axios on HBO,” Khosrowshahi said thatRead More →
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.98% Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the rose 0.98%. The best performers ofRead More →
© Reuters. FILE PHOTO: A Saudi Aramco sign at the company’s Abqaiq oil plant By Saeed Azhar, Hadeel Al Sayegh, Aziz El Yaakoubi and Maher Chmaytelli DUBAI (Reuters) – Saudi state oil giant Aramco will sell 0.5% of its shares to individual retail investors and the government will have aRead More →
