News
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Posted On NewsSaudi Arabia’s Pokémon Go deal is a gamechanger
Saudi Arabia’s acquisition of Pokémon Go marks a milestone in the gaming industry and the broader cultural and geopolitical landscape. Last month Niantic, the studio behind Pokémon Go,…
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Posted On NewsAramco holds LPG prices steady for April
Oil producer Saudi Aramco kept April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March, while Algeria’s Sonatrach cut its OSPs by 2-7…
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Posted On NewsSaudi Aramco considering investment in Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its…
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Posted On NewsSaudi Arabia may cut May oil prices for Asia to three-month low
Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep declines in benchmark…
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Posted On NewsSaudi Arabia must capitalise on curiosity to grow investment
Fulfilling the bold ambitions of Vision 2030 will require more foreign direct investment and private sector participation. AGBI spoke to Ali Raza, CIO at Saudi Arabia Holding Company, to…
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Posted On NewsJunior Saudi market considers easing investor requirements
Saudi Arabia’s Capital Markets Authority has proposed reforms to broaden the investor base of the kingdom’s junior stock market in an attempt to increase liquidity.…
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Posted On NewsAramco buys 50% of local blue hydrogen producer
Saudi Aramco has purchased a 50 percent stake in a low-carbon hydrogen production plant in Jubail, a city on the Gulf, owned by a unit of…
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Posted On NewsUmm Al Qura shares soar as more Saudi IPOs approved
Shares in Saudi Arabia’s Umm Al Qura for Development and Construction surged 30 percent on Monday, the maximum allowed on a first day of trading.…
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Posted On NewsAramco launches its first carbon capture facility
Saudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens. This is the company’s first…
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Posted On NewsFive more IPOs approved by Saudi regulator
Five more companies have received approval to sell shares in initial public offerings from Saudi Arabia’s Capital Markets Authority regulator. Already this year three Saudi…
Liyana Parker
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