Economy

SAUDI ARAMCO IPO

Saudi Aramco Picks Advisors for Second Run at Initial Public Offering

Saudi Arabia’s energy minister Khalid Al Falih announced on Tuesday plans to develop the country's gas resources and extending a grid to UAE, Oman and Kuwait.
Saudi Aramco has made first selections for financial partners in its rejuvenated attempt to file for an initial public offering (IPO), choosing Bermuda-based Lazard Ltd. and Moelis & Co. as advisors, people with knowledge of the matter told Bloomberg.

VISION 2030

Saudi Students See Greater Freedom in Travel with New Rules

AFT-MBS-Students6
New rules put in place by Saudi government authorities have granted the right of all Saudi students studying oversees to travel without requiring a permit from their parents or guardians, even if they are under the age of 21, according to reports.

latest headlines