ARAMCO-SABIC

PIF Selects Goldman Sachs, Bank of America Merrill Lynch and Michael Klein Selected to Advise on SABIC sale

sabic
Saudi Arabia’s sovereign wealth fund has chosen Goldman Sachs, Bank of America Merrill Lynch and Michael Klein as advisers on its planned sale of a stake in petrochemicals firm SABIC to Saudi Aramco, sources familiar with the process told Reuters.

Saudi Arabia

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Saudi Oil Policy

Why The U.S. Is Suddenly Buying A Lot More Saudi Oil

In the last week of October 2017, the four-week average of U.S. imports from Saudi Arabia was just 506,000 bpd—almost half of the four-week average...

 

U.S-Saudi Relations

DOE: US, Saudi Energy Ministers Meet in Washington 

Perry and Falih discussed the state of world oil markets, the potential for U.S.-Saudi civil nuclear cooperation and efforts to share technologies to develop “clean...

 

Tadawul

Saudi stocks slump amid emerging markets sell-off

Saudi Arabia’s stock market dipped on Tuesday as lingering trade disputes weighed on emerging markets....

 

Saudi-Spain

Spain to hold talks with Saudi Arabia over bomb sale, after halting it

Spain said on Monday it would hold talks with Saudi Arabia over the sale of 400 laser-guided bombs to the Gulf kingdom, after confirming last...

 

SABIC

Saudi’s SABIC signs MOU to build petrochemical complex in China

Saudi Basic Industries Corp (SABIC) on Tuesday signed a memorandum of understanding (MOU) with China’s Fujian provincial government to build a petrochemical complex....

 

Transportation

Saudi rail chiefs reveal expansion plans for freight, passengers

Saudi rail chiefs plan to turn the Kingdom into a global logistics hub with an expanded network of commercial and industrial freight services....

 

AHAB

Saudi Group Seeks to Stop Banks Claiming Assets After Default

LISTEN TO ARTICLE 1:51 SHARE THIS ARTICLE Share Tweet Post Email In this article ARNB ARAB NATL BANK 32.00SAR-0.80-2.44% 3330775Z SAAD GROUP Private Company SAMBA SAMBA 28.80SAR-0.25-0.86% SABB SAUDI BRITISH BK 31.60SAR-0.75-2.32% Ahmad Hamad Algosaibi & Brothers Co. will seek to prevent Arab National Bank...

 

Saudi Workforce

Saudization in 4 retail sectors: Inspections begin today

The four trading activities to be 70% Saudized include car and motorbike showrooms, shops selling ready-made garments for men and children, home and office furniture...

 

Agriculture

Saudi Arabia’s Salic Is Said to Be Close to Ukraine Farming Deal

The Saudi Agricultural & Livestock Investment Co. is close to acquiring a farming company in Ukraine, a grain-producing powerhouse in the Black Sea region, according...

 

Cyber Security Training

Saudi Monetary Authority Launches Cyber-Security Training Program

SAMA explained that the 26-week program will be held in Saudi Arabia and United States, through which 26 trainees will attend seminars, meetings and scientific...

 

Oil Exports

Asia buyers to receive more Saudi oil ahead of Iran sanctions

At least three North Asian buyers will receive extra supplies of oil from Saudi Arabia after the kingdom cut its prices for most grades in...

 

Anti-Corruption

Three arrested in Saudi Arabia for posing as officials, bribing journalists

Three men have been arrested by Saudi police after appearing in a video purportedly tricking a journalist into believing a gift to her was from...

 

Saudi +

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US-backed force attacks last IS pocket in eastern Syria

A US-backed militia alliance has begun what it says is the final stage of a campaign to clear the Islamic State (IS) group from north-eastern...

 

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US marks 9/11 anniversary; Trump to mark it at Pennsylvania memorial

Thousands of 9/11 victims' relatives, survivors, rescuers and others are expected at Tuesday's anniversary ceremony at the World Trade Center, while President Donald Trump and...

 

Afghanistan

On 9/11 Anniversary, U.S. Nears 17 Years of Afghan War

The U.S.-led invasion of Afghanistan in October 2011 quickly evolved from a mission to capture or kill Osama bin Laden and al-Qaeda’s leadership to one...

 

Global Oil Markets

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U.S. Middle East Policy

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TV Representation

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Turkey

Dreams Turn Sour as Turkey’s Building Boom Sags

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Djibouti

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YouTube

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Google

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