News

Most Gulf markets dip as Trump-Putin talks fell short; Saudi gains

Most stock markets in the Gulf ended lower on Sunday as high-stakes talks between U.S. President Donald Trump and Russian ...
Argaam4h

Saudi Aramco sees SAR 48.2M negotiated deal on 2M shares

The Saudi Exchange (Tadawul) witnessed today, Aug. 17, a negotiated deal worth SAR 48.2 milliononnearly two million shares of ...

Saudi Aramco posts revenue drop ahead of projected demand hike in second half

Aramco has increasingly tapped debt markets, with two issuances totalling $9 billion in the second half of 2024 and a ...
NPR3y

Your price at the pump went up. So did Saudi Aramco's profits — to a ...

Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.
Asharq Al-Awsat6h

Mitsubishi Power: Saudi Arabia a Key Hub for Our Sustainable Energy Investments

Saudi Arabia has emerged as one of Mitsubishi Power’s most strategic global markets and a prime destination for its ...

Saudi crude oil price hike is at odds with regaining market share

OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...

China’s Soft Saudi Oil Buying Implies Trade Rerouting, EA Says

Chinese refiners are asking for less oil from Saudi Arabia, with the drop possibly pointing to a reshuffle of global flows as ...
The New Arab3d

Saudi wealth fund loses $8 billion, but Vision 2030 megaprojects continuing

Saudi Arabia’s sovereign wealth fund has revealed a $8 billion hit on mega projects, but experts say Vision 2030 will ...