AJ Impact

Saudi Aramco pitches Abu Dhabi investors on troubled IPO

Sources say oil company executives have been visiting UAE to obtain financial backing for big market debut.

Saudi Aramco pitches Abu Dhabi investors on troubled IPO

Middle East

Performers stabbed on stage in Saudi capital

The performance was taking place as Saudi Arabia moves to promote entertainment in the conservative country.

Three performers stabbed on stage in Saudi capital

AJ Impact

Global oil demand could peak in 2020, Saudi Aramco IPO shows

The state-owned oil producer used forecasts in its prospectus that suggest oil demand could decline after 2040.

Global oil demand could peak in 2020, Saudi Aramco IPO shows

AJ Impact

Aramco's record IPO to start November 17, though questions remain

Oil giant's prospectus does not disclose number of shares for sale, in key part of Saudi plan to diversify economy.

Aramco's record IPO to start November 17, though questions remain

AJ Impact

Aramco IPO expected to lean on Saudi investors and China

Despite government entreaties, international fund managers are not showing much interest in oil giant's market debut.

Aramco IPO expected to lean on Saudi investors and China

AJ Impact

Aramco: Domestic IPO next month, but overseas listing much later

Around two percent of the company to debut on Saudi stock market in December, with final pricing due in several weeks.

Aramco: Domestic IPO next month, but overseas listing much later

Inside Story

Saudi Arabia: Will Aramco's IPO succeed?

Oil giant Saudi Aramco has finally been given the green light to go public with shares.

AJ Impact

$2 trillion? Aramco courts investors to hit IPO valuation target

In last-minute attempt to secure buy-in for domestic stock market debut, Saudi oil giant meets with possible financiers.

$2 trillion? Aramco courts investors to hit IPO valuation target

AJ IMPACT

Saudi Arabia hosts 'Davos in the desert' investment summit

Last year saw top CEOs boycott the event over the killing of journalist Jamal Khashoggi by 'rogue agents'.

Saudi Arabia hosts 'Davos in the desert' investment summit

AJ Impact

Davos in the Desert: Kushner, Mnuchin & others to attend from US

After many notables skipped out in 2018, Saudi financial conference later this month will feature major business names.

Davos in the Desert: Kushner, Mnuchin & others to attend from US

AJ Impact

Was Aramco listing delayed to rope in anchor investors?

Sources say Aramco wants anchor investors to cover no less than 40 percent of its IPO deal.

Was Aramco listing delayed to rope in anchor investors?

AJ Impact

Aramco reportedly delays planned IPO to allow for earnings update

Company executives had originally said the Saudi oil infrastructure attacks would not change timeline for market debut.

Aramco reportedly delays planned IPO to allow for earnings update

Saudi Arabia

Putin visits Saudi Arabia in sign of growing ties

Putin signs oil agreements and discusses regional security in his first visit to the kingdom since 2007.

Putin visits Saudi Arabia in sign of growing ties

Middle East

Saudi Arabia, Iran 'take steps towards indirect talks'

New York Times says Saudi crown prince asked leaders of Iraq and Pakistan to speak to Iran about defusing tensions.

Saudi Arabia, Iran take steps towards indirect talks: Report

Middle East

In Saudi Arabia, criticism of MBS increases after oil attack

Some members of ruling family and business elite express frustration with Crown Prince Mohammed bin Salman's leadership.

In Saudi Arabia, criticism of MBS increases after oil attack