News

Saudi Aramco is considering selling up to five power plants and increasing debt to sustain payouts to Saudi Arabia amid ...
In a strategic shift, Saudi Aramco is mulling the sale of up to five gas-fired power plants, with the potential to generate ...
Aramco has launched the world’s first renewable energy storage system to power gas production activities. The company has ...
Aramco plans to sell gas-fired power plants. This move aims to boost funds for Saudi Arabia. The sale could generate billions ...
Arabian Gulf Business Insight on MSN11h
Blackrock in talks to resell gas pipeline stake to Aramco
US investor Blackrock is planning to resell its stake in Saudi Aramco’s natural gas pipeline network to the oil giant. The companies are in talks to close a potential deal, Bloomberg reported quoting ...
The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.
Al-Hilal shocked Manchester City at the Club World Cup, but could more Saudi Arabian sides follow in their footsteps?
Saudi National Bank, the kingdom's largest lender by assets, climbed 4.1% and oil major Saudi Aramco added 0.9% ...
Dubai’s benchmark index gained 1.4% to 5,748, marking a 17-year high with most sectors in the green. Emaar Properties jumped ...
BlackRock (BLK), the giant asset manager, is weighing the sale of its interest in the leasing rights to Saudi Aramco's (ARMCO ...
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index (PMI) rose to a three-month high of 57.2 from ...
In Saudi Arabia, electric cars account for a tiny proportion of vehicle sales. But the oil-rich kingdom wants to change that by rolling out manufacturing plants and charging facilities.