Search

Keywords: 13347Z; ARAMCO@AB; ALLTOP; BUSINESS; CMD; COS; EXE; GEN; GOV; INDUSTRIES; IRAQ; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; STK; US; WORLD; WWTOP EN 13347Z ARAMCO@AB ALLTOP BUSINESS CMD COS EXE GEN GOV INDUSTRIES IRAQ MARKETS MIDEAST NORTHAM NRG OIL SAUDI STK US WORLD WWTOP Saudi Arabia's crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a "leading global energy company" as he forecast an economic rebound after the coronavirus pandemic. Prince Mohammed said the government, which still controls more than 98% of Aramco's stock, may sell more shares on the Saudi stock exchange, without giving a timeframe. [Extracted from the article]

Keywords: 13347Z; ARAMCO@AB; ALLTOP; BUSINESS; CMD; COS; EXE; GEN; GOV; INDUSTRIES; IRAQ; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; STK; US; WORLD; WWTOP EN 13347Z ARAMCO@AB ALLTOP BUSINESS CMD COS EXE GEN GOV INDUSTRIES IRAQ MARKETS MIDEAST NORTHAM NRG OIL SAUDI STK US WORLD WWTOP Saudi Arabia's crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a "leading global energy company" as he forecast an economic rebound after the coronavirus pandemic. Asked about the kingdom's regional rival, Iran, the crown prince softened his tone from previous statements, saying that Saudi Arabia was working to solve its differences with the Islamic Republic. [Extracted from the article]

The kingdom is looking at the potential sale -- which could be worth about $19 billion, based on the company's market value -- as a way to lock in customer demand for the country's crude, Crown Prince Mohammed Bin Salman said in a rare interview on a Saudi television channel late Tuesday. Keywords: 13347Z; ARAMCO@AB; ALLTOP; BUSINESS; CMD; COS; EXE; GEN; GOV; IRAQ; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; STK; US; WORLD; WWTOP EN 13347Z ARAMCO@AB ALLTOP BUSINESS CMD COS EXE GEN GOV IRAQ MARKETS MIDEAST NORTHAM NRG OIL SAUDI STK US WORLD WWTOP Saudi Arabia's crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a "leading global energy company" as he forecast an economic rebound after the coronavirus pandemic. [Extracted from the article]

Keywords: 13347Z; ARAMCO@AB; ALLTOP; BUSINESS; CMD; CMDTOP; COS; EXE; GEN; GOV; GOVTOP; IRAQ; MARKETS; MIDEAST; NORTHAM; NRG; NRGTOP; OIL; OILTOP; SAUDI; STK; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN 13347Z ARAMCO@AB ALLTOP BUSINESS CMD CMDTOP COS EXE GEN GOV GOVTOP IRAQ MARKETS MIDEAST NORTHAM NRG NRGTOP OIL OILTOP SAUDI STK TOP US WORLD WWTOP WWTOPAM WWTOPEU Saudi Arabia's crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a "leading global energy company" as he forecast an economic rebound after the coronavirus pandemic. Aramco has separately started a strategic review of its upstream oil and gas assets that could see the firm opening them up to foreign investors. [Extracted from the article]

Keywords: 1922409DAB; 3344642ZAB; ACWA@AB; BINDAWOOAB; STC@AB; SULAIMANAB; ALLTOP; BUSINESS; COS; FIN; GLOBALMACR; INDUSTRIES; MARKETS; MIDEAST; SAUDI; STK; STKTOP; TOP; WORLD EN 1922409DAB 3344642ZAB ACWA@AB BINDAWOOAB STC@AB SULAIMANAB ALLTOP BUSINESS COS FIN GLOBALMACR INDUSTRIES MARKETS MIDEAST SAUDI STK STKTOP TOP WORLD Almunajem Foods Co., one of Saudi Arabia's largest private food companies, has demand for all the shares for sale in its initial public offering that's seeking to raise as much as $288 million, according to people familiar with the matter. Within hours of opening the order book, the IPO had enough investor demand to cover all the shares on offer throughout the price range, the people said, declining to be named as the information is private. [Extracted from the article]

1922409DAB, 3344642ZAB, ACWA@AB, BINDAWOOAB, STC@AB, SULAIMANAB, ALLTOP, BUSINESS, COS, FIN, INDUSTRIES, MARKETS, MIDEAST, MKTTOP, STK, STKTOP, TOP, WORLD, SAUDI Keywords: 1922409DAB; 3344642ZAB; ACWA@AB; BINDAWOOAB; STC@AB; SULAIMANAB; ALLTOP; BUSINESS; COS; FIN; INDUSTRIES; MARKETS; MIDEAST; MKTTOP; SAUDI; STK; STKTOP; TOP; WORLD EN 1922409DAB 3344642ZAB ACWA@AB BINDAWOOAB STC@AB SULAIMANAB ALLTOP BUSINESS COS FIN INDUSTRIES MARKETS MIDEAST MKTTOP SAUDI STK STKTOP TOP WORLD Almunajem Foods Co., one of Saudi Arabia's largest private food companies, is seeking to raise as much as $288 million from an IPO as more family-owned businesses list in the kingdom. [Extracted from the article]

Keywords: 13347Z; ARAMCO@AB; ALLTOP; BUSINESS; CMD; COS; EXE; GEN; GOV; IRAQ; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; STK; US; WORLD; WWTOP EN 13347Z ARAMCO@AB ALLTOP BUSINESS CMD COS EXE GEN GOV IRAQ MARKETS MIDEAST NORTHAM NRG OIL SAUDI STK US WORLD WWTOP Saudi Arabia's crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a "leading global energy company" as he forecast a rebounding economy in the aftermath of the coronavirus pandemic. Asked about the kingdom's regional rival, Iran, the crown prince softened his tone from previous statements, saying that Saudi Arabia was working to solve its differences with the Islamic Republic. [Extracted from the article]

The company's gas division consists of 11 processing centers with a total capacity of 16 billion standard cubic feet a day of raw gas. Keywords: ARAMCO@AB; ALLTOP; ALTNRG; BASIC; BUSINESS; CHM; CLIMATE; CMD; COS; ELC; GOV; INDUSTRIES; MARKETS; MIDEAST; NRG; NRGTOP; OIL; OILTOP; SAUDI; TOP; UTI; WORLD; WWTOP; WWTOPEU EN ARAMCO@AB ALLTOP ALTNRG BASIC BUSINESS CHM CLIMATE CMD COS ELC GOV INDUSTRIES MARKETS MIDEAST NRG NRGTOP OIL OILTOP SAUDI TOP UTI WORLD WWTOP WWTOPEU QZ6JRKDWRGG2 (Bloomberg) - Saudi Arabia's state-run energy firm is splitting its gas production division in two, as the fuel becomes increasingly important for expanding its chemicals business and amid efforts to position itself for the energy transition. [Extracted from the article]

Keywords: ARAMCO@AB; ALLTOP; ALTNRG; BASIC; BUSINESS; CHM; CLIMATE; CMD; COS; ELC; GOV; INDUSTRIES; MARKETS; MIDEAST; NRG; NRGTOP; OIL; OILTOP; SAUDI; TOP; UTI; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ARAMCO@AB ALLTOP ALTNRG BASIC BUSINESS CHM CLIMATE CMD COS ELC GOV INDUSTRIES MARKETS MIDEAST NRG NRGTOP OIL OILTOP SAUDI TOP UTI WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU QZ6HUDDWLU69 (Bloomberg) - Saudi Arabia's state-run energy firm is splitting its gas production division in two, as the fuel becomes increasingly important for expanding its chemicals business and amid efforts to position itself for the energy transition. The company's gas division consists of 11 processing centers with a total capacity of 16 billion standard cubic feet a day of raw gas. [Extracted from the article]

The company's gas division consists of 11 processing centers with a total capacity of 16 billion standard cubic feet a day of raw gas. Keywords: ARAMCO@AB; ALLTOP; ALTNRG; BASIC; BUSINESS; CHM; CLIMATE; CMD; COS; ELC; GOV; INDUSTRIES; MARKETS; MIDEAST; NRG; NRGTOP; OIL; OILTOP; SAUDI; UTI; WORLD; WWTOP; WWTOPEU EN ARAMCO@AB ALLTOP ALTNRG BASIC BUSINESS CHM CLIMATE CMD COS ELC GOV INDUSTRIES MARKETS MIDEAST NRG NRGTOP OIL OILTOP SAUDI UTI WORLD WWTOP WWTOPEU QZ5NQ4T1UM13 (Bloomberg) - Saudi Arabia's state-run energy firm is splitting its gas production division in two, as the fuel becomes increasingly important for expanding its chemicals business and amid efforts to position itself for the energy transition. [Extracted from the article]

Mobile Telecommunications Co. Saudi Arabia, as Zain Saudi is formally known, would own the remaining 20%. Keywords: 2900322ZAB; 3382936ZAB; 3486180ZAB; ETISALATUH; STC@AB; ZAIN@KK; ZAINKSA@AB; BUSINESS; CMD; COS; FIN; GOV; HAR; INDUSTRIES; MARKETS; MIDEAST; NRG; SAUDI; STK; TEC; TLS; TMT; WORLD EN 2900322ZAB 3382936ZAB 3486180ZAB ETISALATUH STC@AB ZAIN@KK ZAINKSA@AB BUSINESS CMD COS FIN GOV HAR INDUSTRIES MARKETS MIDEAST NRG SAUDI STK TEC TLS TMT WORLD Saudi Arabia's sovereign wealth fund has made a $484 million bid for a controlling stake in the mobile phone towers unit of the kingdom's second-largest telecom company. [Extracted from the article]

Keywords: MSFT; ORCL; ALLTOP; BUSINESS; COS; GOV; INDUSTRIES; MIDEAST; SAUDI; SOF; TEC; TMT; WORLD; WWTOP EN MSFT ORCL ALLTOP BUSINESS COS GOV INDUSTRIES MIDEAST SAUDI SOF TEC TMT WORLD WWTOP Global tech giants including Apple and Microsoft will open training academies in Saudi Arabia, as the oil-rich kingdom looks to position itself as a Middle East hub for technology and innovation. MSFT, ORCL, ALLTOP, BUSINESS, COS, GOV, INDUSTRIES, MIDEAST, SAUDI, SOF, TEC, TMT, WORLD, WWTOP American-Japanese cybersecurity software firm Trend Micro and China-based gaming firm OneMT said they will launch their headquarters in the kingdom. [Extracted from the article]

Read: OPEC+ Shows No Sign of Healing Rift Just Before Talks Resume "Saudi Arabia will exclude from the GCC tariff agreement goods made by companies with a workforce made up of less than 25% of local people and industrial products with less than 40% of added value after their transformation process", the decree said. The change comes as Saudi Arabia plans its own network of free zones with the goal of diversifying its economy and attracting foreign investment, a strategy that the UAE and Oman have relied on for years. Keywords: 0536743DAB; ASIA; BUSINESS; CHINA; CMD; EUROPE; FRX; GOV; ISRAEL; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; US; WORLD EN 0536743DAB ASIA BUSINESS CHINA CMD EUROPE FRX GOV ISRAEL MARKETS MIDEAST NORTHAM NRG OIL SAUDI US WORLD Saudi Arabia said it would exclude imports from free zones or linked to Israel from a preferential tariff agreement with neighboring Gulf Arab countries, signaling growing strains in relations with the United Arab Emirates which has normalized relations with the Jewish State. [Extracted from the article]

Read: OPEC+ Shows No Sign of Healing Rift Just Before Talks Resume "Saudi Arabia will exclude from the GCC tariff agreement goods made by companies with a workforce made up of less than 25% of local people and industrial products with less than 40% of added value after their transformation process", the decree said. Keywords: 0536743DAB; ALLTOP; ASIA; BUSINESS; CHINA; CMD; ECOTOP; EUROPE; FRX; GOV; GOVTOP; ISRAEL; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; TOP; US; WORLD; WWTOP; WWTOPEU EN 0536743DAB ALLTOP ASIA BUSINESS CHINA CMD ECOTOP EUROPE FRX GOV GOVTOP ISRAEL MARKETS MIDEAST NORTHAM NRG OIL SAUDI TOP US WORLD WWTOP WWTOPEU Saudi Arabia said it would exclude imports from free zones or linked to Israel from a preferential tariff agreement with neighboring Gulf Arab countries, signaling growing strains in relations with the United Arab Emirates which has normalized relations with the Jewish State. The change comes as Saudi Arabia plans its own network of free zones with the goal of diversifying its economy and attracting foreign investment, a strategy that the UAE and Oman have relied on for years. [Extracted from the article]

Keywords: %USD; ALLTOP; ASIA; BUSINESS; CHINA; CMD; ECOTOP; EUROPE; FRX; GOV; GOVTOP; ISRAEL; MARKETS; MIDEAST; NORTHAM; NRG; OIL; SAUDI; TOP; US; WORLD; WWTOP; WWTOPEU EN %USD ALLTOP ASIA BUSINESS CHINA CMD ECOTOP EUROPE FRX GOV GOVTOP ISRAEL MARKETS MIDEAST NORTHAM NRG OIL SAUDI TOP US WORLD WWTOP WWTOPEU Saudi Arabia said its tariff agreement on imports from neighboring Gulf countries will exclude goods made in free zones or from Israel. QVRQYVDWX2PS (Bloomberg) -- Saudi Arabia said its tariff agreement on imports from neighboring Gulf countries will exclude goods made in free zones or from Israel. [Extracted from the article]

QVPSVUDWX2PS (Bloomberg) -- Royal Dutch Shell Plc appointed Mohammed Alzumaia as country chairman for its operations in Saudi Arabia and Bahrain. Keywords: RDSA@LN; ALLTOP; BUSINESS; CLIMATE; CMD; COS; INDUSTRIES; MARKETS; MIDEAST; NRG; OIL; OILTOP; SAUDI; SVC; WORLD EN RDSA@LN ALLTOP BUSINESS CLIMATE CMD COS INDUSTRIES MARKETS MIDEAST NRG OIL OILTOP SAUDI SVC WORLD Royal Dutch Shell Plc appointed Mohammed Alzumaia as country chairman for its operations in Saudi Arabia and Bahrain. [Extracted from the article]

QRA5AJT1UM0X (Bloomberg) -- Saudi Arabia remains confident that an OPEC+ agreement to increase oil production over the next three months was the right move, said its energy minister. Keywords: AFRICA; BUSINESS; CMD; COS; DRG; EUROPE; GOV; HEA; INDUSTRIES; MARKETS; MIDEAST; NRG; OIL; RUSSIA; SAUDI; WORLD EN AFRICA BUSINESS CMD COS DRG EUROPE GOV HEA INDUSTRIES MARKETS MIDEAST NRG OIL RUSSIA SAUDI WORLD Saudi Arabia remains confident that an OPEC+ agreement to increase oil production over the next three months was the right move, said its energy minister. [Extracted from the article]