Tag Archives: Saudi Arabia

Saudi Arabia. UAE account for 38 per cent of the total spending in the wider region.

Saudi Arabia. UAE account for 38 per cent of the total spending in the wider region.

The two countries initiated diplomatic relations in 1940 during World War II.

Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.

Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.

Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.

Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.

The project is expected to achieve a direct conversion rate from crude oil to chemicals of almost 50 percent.

New York and London have long been the clear frontrunners to host the international leg of the flotation. alongside a Riyadh listing.

The IPO will be '.anchored'. by a listing on Saudi Arabia'.s local exchange.