S&P kept the sovereign assessment at A-, on par with Malaysia and Malta
Aramco is speeding up preparations for the IPO with an aim of listing on the Saudi bourse as soon as November
The firm is targeting a valuation of at least $2 trillion — more than double that of Apple
Aramco has now restored pre-attack capacity of 4.9 million barrels a day at Abqaiq and 1.3 million barrels a day at Khurais
Since January 2018, businesses have been required to pay fees for foreign workers they employ
Saudi Arabia’s biggest listed banks ranked by total asset size
The kingdom has vowed a swift restoration of output at Khurais and Abqaiq after the attack disabled 5 per cent of global supply
Aramco aims to stick to its schedule for planned analyst presentations and hasn’t told banks of any plans to delay the IPO
More female founders are starting their businesses in the GCC and the Middle East. But work remains to close the gender gap.
Without outside assistance, Lebanon, which has a debt-GDP ratio of more than 150 per cent, may struggle to avoid a default
Javad Zarif stressed that Iran wasn’t involved in the weekend attacks in Saudi Arabia
Under the new system, pilgrims arriving for Hajj and Umrah – as well as visitors and those requiring a transit visa – will pay SAR300
Pompeo met with Prince Mohammed in Jeddah and discussed the need “to counter the continued threat of the Iranian regime”
The UAE’s central bank lowered the repo rate and its certificates of deposit rate by a quarter percentage point
The kingdom has used oil reserves to fill the gap during the past few days
The company is ready to do it any time in the next 12 months, says chairman
The US secretary of state will discuss ways to “counter Iranian aggression” in the region
The Abqaiq facility will return to processing pre-attack levels of about 4.9 million barrels per day by the end of September
Saturday’s strikes on Aramco facilities slashed Saudi Arabia’s crude output by half
Linking the attack to developments in Yemen is totally “unacceptable”, says Anwar Gargash
The centres will provide regional customers access to services including its autonomous database as well as Oracle fusion applications
The zone can produce as much as 500,000 barrels a day but has been shuttered for at least four years
Saudi officials said initial findings suggest the attack was not launched from Yemen, contradicting claims by Houthi rebels
The attack on the kingdom’s most important oil production facility halved Saudi output
The UK high court ordered the British co-owner of the club to sell his 50 per cent share to Prince Abdullah Bin Mosaad
Saturday’s strikes came just days after Aramco hired banks including Goldman Sachs Group and Morgan Stanley for the IPO
“There is reason to believe that we know the culprit”, the US President said
State energy producer Saudi Aramco lost about 5.7 million barrels per day of output in the attack on Saturday
The Tadawul All Share Index fell as much as 3.1 per cent
The move comes as the kingdom launches PR campaign with influencers on social media