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Organization of the Petroleum Exporting Countries agreed to cut production by 1.8m bpd from Jan. 1 to boost prices and get rid of a supply glut
Sources say oil giant is the front-runner to buy Petrol Ofisi from Austria's OMV
Saudi will list up to 5 percent of Aramco on both the Saudi stock exchange in Riyadh and on one or more international markets
Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion
Saudi government has invited investors to pre-qualify for renewable projects
Oil giant promises full investigation
Original plan was to make Aramco "industrial conglomerate", but this could make valuation more complex
Top OPEC oil producer makes a large cut in its crude output in January to support prices, lessen glut
OPEC is cutting its crude output by about 1.2 million barrels per day
IPO, which Saudi officials have predicted will value Aramco at a minimum of $2 trillion, is expected to take place in 2018
Saudi Arabia expects to value the state-owned oil producer at a minimum of $2 trillion
Moelis previously advised on Samsonite's $1.3 billion IPO in 2011 and Polypipe Group's £320 million IPO in 2014
Aramco is helping to diversify the Saudi economy beyond oil, developing a $5.3bn ship repair and shipbuilding complex
Sources say Singapore Exchange has held talks after oil giant said it could list on more than one stock market
Energy Minister Khalid al-Falih says still evaluating options for IPO of Saudi oil giant
First orders of Model S and Model X vehicles are expected to be delivered in Dubai this summer...
Everyone from celebrities to fashion bloggers show off their style
List of top 30 CEOs in Abu Dhabi and Dubai
Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan will be the chief guest of honour...
Download these mobile money-makers to your smartphone and start saving
Annual award ceremony saw more celebrities opt for Arab designers
Bringing the magic from the screen to the red carpet, the final night of the Dubai International...
Welcome to the 2016 Arabian Business guide to the world’s most influential young Arabs.
Dubai ranked eighth while classic romantic destinations such as Venice came in ninth place
Was it planned? So lightly summoned. Generates a lot of free Dubai publicity more
Wonder what the Chance cards will look like?
"You have been accused of making an obscene gesture. GO TO JAIL. DO NOT PASS GO"
"Your cheque... more
With people like Sharjeel Azhar on the driving seat of Al Ittefaq Steel, this industry will see new heights in progress and prosperity. more
Looking at the strategy being played out in Downtown and at Dubai Mall it looks like someone has already worked out that the game is up with regard US... more
Just ponder over it for a moment; ethical leadership enhances the company’s reputation in the financial market and society at large. A solid reputation... more
Can't wait to pay 5% VAT on my DEWA housing fee - tax on tax!
I feel with VAT in place from 2018, retailers, SMEs will figure out ways of Tax-evasion as it happens in most of the developing economies unless authorities... more