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Posted On NewsJPMorgan expects no special Aramco dividend in 2025
Saudi Aramco is forecast to have no performance-linked dividend this year after a more balanced 2024 cash cycle followed earlier bumper…
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Posted On NewsGulf still struggling to attract private cash for public projects
Lower oil prices are driving Gulf countries, particularly Saudi Arabia and the UAE, to involve private companies in financing critical…
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Posted On NewsSaudi firms look to improve ESG to attract investment
Improvements in Saudi Arabian companies’ environmental, social and governance (ESG) performance are likely to attract more investment to the kingdom…
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Posted On NewsSaudi Aramco re-enters Philippines after 17 years
Saudi Aramco, which trades on the Saudi Exchange (Tadawul), will acquire a 25 percent stake in the third-largest petroleum company…
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Posted On NewsCEO of $320bn Saudi pension fund to step down
The CEO of Hassana Investment Company, which manages Saudi Arabia’s $320 billion social security and pension fund, will step down…
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Posted On NewsAmbitious plans accelerate Gulf construction costs
Construction costs in Saudi Arabia and the UAE are in danger of accelerating over the next few years as both…
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Posted On NewsMecca project developer targets $533m from Saudi listing
Umm Al Qura for Development and Construction (Umm Al Qura), the developer of Masar, a mixed-use project in Mecca, expects to…
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Posted On NewsLuxury travel is the engine of Saudi’s tourism market
Saudi Arabia and Arsenale Group, developer of Italy’s La Dolce Vita Orient Express project, have shared designs for the Middle…
