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Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
Business

Saudi Arabia's Aramco Considers Selling $50 Billion in Shares

The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
Finances

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund

The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link

Saudi Aramco plans $10 billion China oil refinery complex for 2026 By Reuters
Finances

Saudi Aramco plans $10 billion China oil refinery complex for 2026 By Reuters

© Reuters. FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo SINGAPORE (Reuters)