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Shares were trading around 28.85 Saudi riyals ($7.69) on the Tadāwul Saudi stock exchange at 1:40 p.m. local time (6:40 a.m. ET), above the stock sale offer price of 27.25 Saudi riyals. There appears ...
Saudi Aramco on Friday said it will price the 1.545 billion of shares on sale as part of its secondary offering at 27.25 Saudi riyal ($7.27) apiece. The pricing is toward the bottom end of a range ...
After floating at 32 Saudi riyals in 2019, the share price of Aramco has struggled, despite its world-beating $120 billion profits in 2024. As Brent futures slumped from the $80 level pierced on ...
Aramco said it benefited from higher prices of crude oil, refined fuels and chemical products during the quarter, according ...
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...
A key pipeline that connects its oil fields in the east to Yanbu port ‘has proven itself to be a critical supply artery’ Read ...
Aramco’s $11.2 billion share sale towers over the rest of the market. The offering, in which the Saudi government sold 0.64% of shares to investors, is by far the largest such deal of the year, ...
Saudi Arabia is set to raise over $11.2 billion from the sale of shares in its crown jewel, Aramco. This significant move aims to generate fresh cash for the kingdom's efforts to diversify its economy ...
The stock market keeps rolling along as if nothing can stop it. The S&P 500 recently hit another all-time high, unemployment ...
FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28 ...