GoAir starts maiden flight to Saudi Arabia
Jeh Wadia, managing director, GoAir said: “With the new flight to KSA, GoAir further consolidates its international network - within a short span of 14 months we have added 9 destinations. Our flights to Dammam are already receiving an overwhelming response. Dammam is GoAir's 4th international destination from Kannur International Airport.
Listing catapults Saudi Arabia ahead of Canada, Germany in market capitalisation
The company’s stock hit the daily upper circuit limit of 10 ...
Saudi Arabia ready to issue new international bonds as soon as January
Local issues are expected to account for 55 per cent of the total debt...
Oil prices hit highest in 3 months as US-China trade deal takes shape
West Texas Intermediate (WTI) crude was up 36 cents, or 0.6 per cent, to $59.54 a barrel.
Saudi Aramco tops $2 trillion, defying valuation sceptics
The Saudi Crown Prince has made the Aramco IPO the centrepiece of his plan to diversify the Kingdom's economy away from its dependence on oil production by using the $25.6 billion raised to develop other sectors. But that was well below the Crown Prince's plan announced in 2016 which called for raising as much as $100 billion.
The Wall Street bankers who burst Aramco’s $2 trillion bubble
For Wall Street, already stung by the collapse of WeWork’s IPO, Aramco is another embarrassment.
View: Saudi Aramco's true value is still a mystery
A more open Aramco can only be a good thing, but much will depend on whether it embraces transparency (despite the Kingdom of Saudi Arabia owning almost all of the stock). The IPO process invited a global discussion about Aramco’s true value.
Oil market oversupply set to stay despite Opec+ pact: IEA
The IEA revised down its forecast for supply growth by non-OPEC countries in 2020 by 200,000 bpd.
Saudi Aramco has to jump several hurdles for overseas listing: Vandana Hari
One of the big challenges for the Saudi government is how to raise additional money from Aramco sales to international investors. The manner in which the Saudi Aramco IPO was sold and pushed through to Saudi citizens and companies and institutional investors, have raised doubts whether the valuation we are seeing now -- almost $1.9 trillion -- is credible and reliable.
Government may impose anti-dumping duty on a chemical from five countries
The ministry's investigation arm DGTR has initiated the probe into an alleged dumping of “Mono Ethylene Glycol” originating in or exported from Kuwait, Oman, Saudi Arabia, UAE and Singapore, following a complaint from a domestic company.
Aramco trading debut to make Saudi bourse world’s ninth-biggest
The start of trading in Riyadh marks the end of a near four-year saga.
Saudi Aramco debuts at 10% premium over issue price
Aramco raised $25.60 billion in the biggest-ever IPO by selling shares at 32 riyals.
Ask the travel expert: Which places would be ideal for a visit in Europe during April?
Europe has now become a year-round destination and there are many beautiful countries to choose from for your holiday.
Opec sees small 2020 oil deficit even before latest supply cut
In a monthly report, OPEC said demand for its crude will average 29.58 million barrels per day (bpd) next year.
Saudi Aramco to be a good lead for a play on oil prices: David Lennox, Fat Prophets
Being the single largest oil producer, we believe that if you want to play on the oil price and want to have exposure through a company, Saudi Aramco will provide a good lead because it is going to be a very low cost producer. That in turn gives the company enough leverage to carry out any amount of price increase.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service