The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.
Read More »Saudi Arabia`s `Game of Thrones` and Big Implications for Oil
Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.
Read More »Arrest of Saudi Aramco Board Member Casts Fresh Doubt over Oil Giant’s Listing
Alwaleed’s arrest will send shockwaves through the world’s major financial centres.
Read More »Jam Petchem Co. in Talks with Linde. Technip
Upon signing the agreement. JPC will be provided with the much-needed technical know-how to raise ethylene output.
Read More »Trump Pushes for Saudi Aramco I.P.O. in U.S.
The N.Y.S.E. has competed fiercely against foreign rivals. particularly the London Stock Exchange. for the privilege.
Read More »Is This The Cure To Saudi Arabia’s Oil Curse?
The country hopes to double the number of tourists by 2020 from the 8 million expected this year.
Read More »The Rise of the Petroyuan
A more significant development was Russia agreeing to some yuan-based oil trade in 2015. also the result of U.S. sanctions.
Read More »At Riyadh Jamboree. Saudis may Struggle to Lure Foreign Funds in Recession
Austerity helped push the economy into recession in the second quarter of 2017.
Read More »Saudi Aramco CEO: IPO Has Never Been Linked to Oil Market
Aramco’s petrochemicals output is about 30 million tonnes a year from plants it owns and joint ventures in Saudi Arabia and abroad.
Read More »Saudis Set $500 Billion Plan to Develop Zone Linked with Jordan and Egypt
Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »