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Aramco

Aramco latest

Oil Prices Sink As Coronavirus Threatens Demand, Cyber-Attacks On Aramco Threaten Supply
February 9th, 2020 - 05:57 GMT

Oil Prices Sink As Coronavirus Threatens Demand, Cyber-Attacks On Aramco Threaten Supply

Oil prices continued to fall for a fifth week in a row and reached their lowest level in a year. Brent crude dropped to $54.47 per barrel while WTI retreated to $50.32. The global oil market now finds itself trapped between two viruses. The deadly coronavirus outbreak in China has hurt short-term oil market demand and at the same time cyber-attack attempts on Saudi Aramco have also increased. One threatens ...
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After meeting King Salman on Saturday, Trump is scheduled to take part Sunday in a pan-Arab and Islamic summit with leaders from across the Middle East, Africa and Asia. (AFP)
May 18th, 2017 - 10:41 GMT

Saudi Arabia is Literally Counting Down the Days Until Trump’s Arrival

Saudi Arabia's first-ever budget report shows a 115 percent increase in the country's oil revenues, reaching SR112 billion ($29.8 billion) in the first quarter of 2017. (File photo)
May 14th, 2017 - 01:39 GMT

Saudi Arabia Sees 115 Percent Increase in Oil Revenues in Q1 2017: Report

Ramadan is just around the corner and foreigners visiting the Middle East region need to be respectful to the religious month and aware of customary etiquette. (Shutterstock)
May 12th, 2017 - 07:00 GMT

Weekly Business Roundup: Kuwait Deports 2,000 Expats, How to Survive Ramadan at Work and 6 Stories You Probably Missed

Saudi Arabia has decided that only Saudi nationals will be able to work in public sector jobs by the end of 2020. (AFP/ File)
May 11th, 2017 - 08:00 GMT

In a Bold Move, Saudi Arabia Announces It Will Fire All Expats From Government Jobs By 2020

Nearly 100 years have passed since Saudi Arabia’s founder King Abdulaziz first urged Saudi citizens to start investing in oil-giant company Aramco. (Alriyadh)
May 7th, 2017 - 06:00 GMT

Saudi Arabia's Founding Father Foresaw Aramco’s Value 100 Years Ago

An unmanned boat filled with explosives targeted a petroleum production terminal run by Aramco. (Shutterstock)
April 27th, 2017 - 02:24 GMT

Attack thwarted near major Aramco plant in Saudi Arabia

Toshiba has reported a loss of $4.8 billion and faces the possibility of a delisting from the Tokyo Stock Exchange. (AFP)
April 11th, 2017 - 12:33 GMT

Toshiba risks delisting, going out of business

Theresa May, pictured left with Saudi Arabia's King Salman, during her two-day trip to Riyadh on April 4 2017. (AFP)
April 6th, 2017 - 11:23 GMT

Theresa May is trying to get Saudi Aramco's IPO to list in London instead of New York

Saudi Arabian King Salman and Egyptian President Abdel Fattah al Sisi during a meeting in Cairo, April 8, 2016. (AFP)
April 3rd, 2017 - 05:00 GMT

Egyptian court approves hand-over of Red Sea islands to Saudi Arabia

Saudi Aramco's IPO is scheduled in the second half of 2018. (AFP/Fayez Nureldine)
March 23rd, 2017 - 11:03 GMT

Saudi Aramco chooses Islamic bonds in the run-up to its much-anticipated IPO

The resumption of Saudi oil deliveries to Egypt signal a potential thaw in relations after months of tension.  (AFP/Hassan Anmar)
March 21st, 2017 - 07:00 GMT

Saudi Aramco to resume oil shipments to Egypt after six month suspension

Misr Italia Deputy Chairman Mohamed al-Assal said his company was no longer in contact with Saudi Arabia over the deal. (Shutterstock)
February 26th, 2017 - 06:00 GMT

Political tensions hit Egyptian housing deals with Saudi Housing Ministry

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