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Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

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بالعربية

Results for aramco

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Saudi Aramco China
Aramco

Aramco eyes investments in China

by Staff WriterMon 24 Mar 2025Mon 24 Mar 2025

Saudi Aramco is exploring investment opportunities in China

Saudi Aramco
Aramco

Aramco plans $124bn dividends in 2024

by Staff Writer Tue 6 Aug 2024Wed 7 Aug 2024

Aramco has declared plans to declare industry-leading total dividends in 2024

Saudi Aramco
Aramco

Aramco sees net income fall by $15.1bn in 2024

by Staff WriterTue 4 Mar 2025Tue 4 Mar 2025

Aramco announces 2024 financial results

Saudi Aramco
Aramco

Aramco announces huge dividend payout despite Q3 income drop

by Staff WriterTue 5 Nov 2024Tue 5 Nov 2024

Aramco announces Q3results with $27.5bn net income

Aramco Chile
Aramco

Aramco takes 100% stake in Chile’s Esmax

by Staff Writer Fri 15 Sep 2023Fri 15 Sep 2023

Aramco expands South America operations with Esmax takeover

Saudi Aramco Pakistan
Aramco

Aramco acquires 40% stake in Gas & Oil Pakistan

by Staff Writer Wed 13 Dec 2023Wed 13 Dec 2023

Saudi Arabia’s Aramco makes further move into Pakistan fuel and energy market

Saudi Aramco
Aramco

Aramco raises $6bn with bond sale

by Staff Writer Thu 18 Jul 2024Thu 18 Jul 2024

Saudi energy giant Aramco announces $6bn bond issuance

Saudi Aramco
Aramco

Saudi Aramco announces $32bn profit for Q1

by Staff Writer Tue 9 May 2023Tue 9 May 2023

Saudi Aramco profits fall 19 per cent on lower oil prices

Aramco

Sabic stake vital for growth, says Aramco CEO

by BloombergMon 26 Nov 2018Wed 6 Oct 2021

Aramco CEO Amin Nasser said that the company remains committed to an IPO

Saudi Aramco
Aramco

Saudi’s Aramco reports record $161bn income

by Staff Writer Sun 12 Mar 2023Sun 12 Mar 2023

Aramco announces record revenues and profits as oil prices surge

Saudi Aramco natural gas fields
Saudi Arabia

Saudi Aramco seeks backers for $110bn gas development

by BloombergMon 12 Dec 2022Mon 12 Dec 2022

Saudi Aramco gas field could hold 200tn cubic feet of raw gas

Saudi Aramco
Aramco

Saudi Aramco names banks for $1bn Luberef IPO

by BloombergSun 27 Nov 2022Sun 27 Nov 2022

Saudi Aramco subsidiary could raise $1bn through IPO

Unioil Petroleum Philippines Aramco Saudi Arabia
Aramco

Aramco eyes Philippines expansion with 25% Unioil deal

by Staff WriterWed 19 Feb 2025Wed 19 Feb 2025

Aramco continues international expansion with deal for Unioil Petroleum Philippines stake

Saudi Aramco japan
Aramco

Saudi Aramco sends low-carbon ammonia to Japan

by Staff Writer Fri 21 Apr 2023Fri 21 Apr 2023

Saudi Aramco and Japan launch historic low-carbon energy trade route

Saudi Arabia 2034 FIFA World Cup
2026 FIFA World Cup

Saudi Arabia’s Aramco to sponsor FIFA World Cup

by Staff Writer Thu 25 Apr 2024Thu 25 Apr 2024

Saudi energy giant Aramco becomes key partner to FIFA World Cup

Saudi Aramco
Aramco

Aramco sets final share price ahead of $11.2bn sale

by Staff Writer Fri 7 Jun 2024Fri 7 Jun 2024

Aramco has set a share price of SR27.25 as it looks to raise around $11.2bn from a secondary public offering

Amin Nasser

Saudi Aramco: inside the world’s most profitable company

by Staff Writer Fri 13 Apr 2018Thu 7 Oct 2021

First glimpse of the state oil giant’s finances shows Aramco churned out $33.8bn in net income in the first six months of 2017

Saudi Aramco Korea
Aramco

Saudi Aramco and South Korea break ground on $7bn development

by Staff Writer Thu 9 Mar 2023Thu 9 Mar 2023

South Korea’s President Yoon and Saudi Aramco CEO launch $7bn Shaheen petrochemical project

(KARIM JAAFAR/AFP/Getty Images)
Aramco IPO

Could giant Aramco IPO damage Saudi’s bourse?

by Staff Writer Wed 24 Jan 2018Thu 7 Oct 2021

Securities regulator is asked to study the impact of listing Saudi Aramco on the local bourse

Tadawul chairperson Sarah al-Suhaimi
Aramco IPO

Saudi bourse is ready for any decision on Aramco listing – official

by Staff Writer Thu 8 Feb 2018Thu 7 Oct 2021

Saudi plans to sell up to 5 percent of Aramco shares on one or more foreign exchanges

Saudi Aramco
Aramco

Saudi Aramco reports $32.6bn Q3 profit, down 23 percent on last year

by Staff Writer Tue 7 Nov 2023Thu 9 Nov 2023

Saudi Aramco has reported Q3 2023 financial results

Sabic, Saudi Aramco PKN Orlen
Aramco

Sabic and Saudi Aramco team up for Poland petrochemical project

by Staff Writer Fri 2 Dec 2022Fri 2 Dec 2022

Sabic, Saudi Aramco and Poland’s PKN Orlen launch petrochemical joint venture                                               

Saudi Aramco
Aramco

Saudi Aramco income falls to $121bn, dividends of almost $100bn paid out

by Staff Writer Mon 11 Mar 2024Mon 11 Mar 2024

Saudi Arabia’s Aramco reports second highest ever income despite slump in revenue

IPO underwriters will hold two days of analyst presentations with their banks’ research teams starting Wednesday.
Aramco IPO

Bankers decamp to Saudi Arabia as Aramco goes ahead with IPO

by BloombergMon 23 Sep 2019Wed 6 Oct 2021

Sources say Saudi Aramco is ploughing ahead with preparations for its initial public offering

Aramco IPO

Aramco oil payments to Saudi state fall 30% to $110 billion

by BloombergMon 22 Mar 2021Wed 6 Oct 2021

Aramco kept its pledge to pay the $75 billion dividend

Saudi Aramco’s new chairman, Yasir al-Rumayyan
Amin Nasser

Attacks won’t derail Aramco IPO, says chairman

by BloombergWed 18 Sep 2019Wed 6 Oct 2021

Aramco CEO Amin Nasser said all contracted supplies to customers would be met

Digitisation

New Aramco, AEC partnership to focus on accelerating Saudi Arabia’s digital ecosystem

by Matthew AmlotMon 3 Jan 2022Mon 3 Jan 2022

Announcement comes as Aramco pursues several business digitalisation programmes under its industrial investment program, Aramco Namaat

Saudi Aramco
Aramco

Saudi Aramco takes $3.4bn stake in China’s Rongsheng Petrochemical Company

by Staff Writer Fri 21 Jul 2023Fri 21 Jul 2023

Saudi Aramco snaps up 10 per cent stake in Chinese petrochemical business

Saudi Aramco
Aramco

Aramco awards $7.7bn of contracts for major gas plant expansion

by Staff Writer Tue 2 Apr 2024Tue 2 Apr 2024

Aramco awards major contracts for expansion of Fadhili Gas Plant in the Eastern Province of Saudi Arabia

Saudi Aramco PIF
Aramco

Aramco boosts venture capital group with $4bn fund

by Staff Writer Wed 17 Jan 2024Wed 17 Jan 2024

Aramco Ventures boosted by $4bn fund allocation

“Aramco will always avail the right amount of resources to satisfy the customers,” said Amin Nasser, CEO of the Saudi oil giant.
Aramco

Aramco will meet increased oil demand after OPEC deal, says CEO

by Staff Writer Tue 26 Jun 2018Thu 7 Oct 2021

Saudi Aramco is pumping 10 million barrels a day and has the capacity to produce 2 million more, according to Saudi Aramco CEO Amin Nasser

aramco lng
Aramco

Aramco taps gas market with $500m MidOcean stake

by Staff Writer Thu 28 Sep 2023Thu 28 Sep 2023

Aramco takes share of MidOcean in first international investment in LNG

Saudi Aramco
Aramco

Saudi Aramco unit heads for $30 billion IPO, plans listing in 2023

by BloombergThu 20 Oct 2022Tue 30 Jul 2024

Aramco, which pumps around 11 million barrels of crude oil every day, is valued at $2.09 trillion

Saudi Aramco
Aramco

Aramco signs $9bn of deals at iktva forum in Saudi Arabia

by Staff WriterMon 13 Jan 2025Mon 13 Jan 2025

Aramco signed 145 agreements as it looks to boost In-Kingdom Total Value Add

Aramco IPO

Aramco is said to seek $2bn from Japan’s export agency

by Staff Writer Wed 10 Jan 2018Thu 7 Oct 2021

UK govt agreed to a $2bn loan guarantee for Aramco in November as it competed with the US to host the IPO

Aramco is accelerating its listing plans after recovering faster than expected from the biggest terror attacks in its history.
Aramco IPO

RBC, Santander, Mizuho said to win roles on Aramco IPO

by BloombergFri 27 Sep 2019Wed 6 Oct 2021

Sources say Saudi Aramco has picked a total of 15 joint bookrunners for the initial public offering

Saudi Aramco procurement
Aramco

Aramco signs $6bn of procurement deals in Saudi Arabia

by Staff Writer Tue 27 Feb 2024Tue 27 Feb 2024

Aramco signs 40 deals as it looks to develop local supply chain

Aramco Saudi TotalEnergies
AOC

Saudi energy giant Aramco to invest billions in China 

by Staff WriterTue 28 Mar 2023Tue 28 Mar 2023

The Saudi energy major’s latest acquisition deal followed the announcement on Sunday, March 26, about its joint venture in China, Huajin Aramco Petrochemical Company

Saudi Aramco
oil output

Saudi Aramco reports $42.4bn third quarter profit

by Staff Writer Tue 1 Nov 2022Tue 1 Nov 2022

Saudi Aramco paid $18.8bn dividend on higher oil prices

Saudi
Aramco

Saudi Arabia’s AEW announces $425m deal with Aramco

by Staff Writer Fri 12 May 2023Fri 12 May 2023

Saudi power and water firm AEW strikes Zuluf water treatment deal with Aramco

The IPO is part of Crown Prince Mohammed bin Salman’s efforts to modernise the economy and diversify the nation’s revenue from oil.
Aramco

Why the Aramco IPO may be kryptonite to Saudi stocks

by BloombergWed 11 Sep 2019Wed 6 Oct 2021

The Tadawul All Share Index almost wiped out this year’s gains after the kingdom’s efforts to line up banks for the Aramco IPO

Saudi Aramco
animal welfare

Aramco launches animal welfare division to protect strays in Saudi Arabia

by Staff WriterWed 28 Aug 2024Fri 30 Aug 2024

Olfa Animal Welfare will protect stray animals in Saudi Arabia said Aramco

Saudi Aramco PIF
Aramco

Saudi Aramco to set up major petrochemical complex in China

by Staff WriterMon 27 Mar 2023Mon 27 Mar 2023

Aramco will hold 30 percent stake in the JV, while NORINCO Group will have a majority of 51 percent and Panjin Xincheng Industrial Group will hold the remaining 19 percent stake

Aramco

Aramco and Sabic plan ‘discovery phase’ to unlock savings after merger

by BloombergSat 30 Mar 2019Wed 6 Oct 2021

Aramco and Sabic announced the $69 billion deal last week

Aramco Namaat

Saudi Aramco signs deal around hydrogen-powered vehicles

by Matthew AmlotMon 6 Dec 2021Mon 6 Dec 2021

Agreement between Aramco and France-based Gaussin aims to establish a modern manufacturing facility for hydrogen-powered vehicles in Saudi Arabia

The sovereign wealth fund's head, Kirill Dmitriev, who has previously said that Russian pension funds were considering participation in the Saudi Aramco IPO, said he expects widespread interest from the Russian financial sector.
Bill PuglianoGetty Images
Petrochemicals

Russian fund builds investors pool for Saudi Aramco IPO

by Staff Writer Thu 15 Feb 2018Thu 7 Oct 2021

RDIF says Russian banks interested in Saudi Aramco IPO

aramco gas Saudi Arabia
Aramco

Saudi Arabia’s Aramco awards over $25bn of contracts as it looks to massive gas expansion

by Staff Writer Mon 1 Jul 2024Mon 1 Jul 2024

Saudi Arabia’s Aramco plans a 60 per cent sales gas production growth by 2030

Saudi Aramco PIF
Aramco

Saudi Arabia’s Aramco transfers 8% of shares to PIF

by Staff Writer Thu 7 Mar 2024Thu 7 Mar 2024

Saudi Arabia has announced the successful transfer of 8 per cent of Aramco shares to PIF companies

Aramco IPO

Saudi Aramco IPO preparations said to stall

by Staff Writer Fri 6 Jul 2018Thu 7 Oct 2021

Wall Street Journal quotes unnamed senior Aramco exec as saying IPO may not happen

Saudi Aramco
Aramco

Aramco signs deal to buy further $702m stake in Petro Rabigh from Sumitomo Chem

by Staff WriterWed 7 Aug 2024Thu 15 Aug 2024

Aramco takes larger stake in joint venture with Japan’s Sumitomo Chemical

Saudi Aramco’s chief executive officer Amin Nasser.
Amin Nasser

Saudi Aramco reveals ambitions beyond $70bn SABIC deal

by BloombergWed 24 Oct 2018Wed 6 Oct 2021

Aramco CEO touts plastics as a key hedge against an electric-car driven slowdown in global oil demand growth

Apple

Everything you need to know about the Saudi Aramco IPO

by BloombergTue 20 Aug 2019Thu 28 Oct 2021

A much-vaunted plan to sell shares of Aramco in 2018 got postponed, raising speculation that it might be dropped altogether

Aramco Digital
5G

Qualcomm, Aramco Digital partner to launch world’s first AI-enabled 5G industrial smartphones

by Staff Writer Mon 10 Feb 2025Mon 10 Feb 2025

The new service will initially focus on advanced industrial solutions for Aramco

Amin Nasser

Saudi Aramco to peel back financial veil with August earnings call

by BloombergWed 12 Jun 2019Thu 7 Oct 2021

State oil giant Aramco is preparing to host its first earnings call in August to discuss half-yearly results

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