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The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.
Saudi oil giant Aramco (ARMCO) is reportedly considering selling up to five gas-fired power plants, as part of a broader ...
Saudi Aramco is considering selling up to five power plants and increasing debt to sustain payouts to Saudi Arabia amid ...
BlackRock (NYSE:BLK) is currently in talks to sell its stake in the leasing rights to Saudi Aramco’s natural-gas pipeline, a ...
The American investment company had acquired 49% of the entity that holds leasing rights over Aramco pipelines for $15.5bn ...
BlackRock is considering a sale of its stake in the leasing rights to Saudi Aramco's natural-gas pipeline network back to the ...
Saudi Arabia’s giant state-owned oil company, Saudi Aramco, on Thursday set the price of its initial public offering at a level that would raise $25.6 billion, a sum that is expected to make it ...
The first official glimpse of Saudi Aramco’s financial performance confirms the state-run oil giant can generate profit like no other company on Earth: Net income last year was $111.1 billion ...
A small portion of Saudi Aramco will be listed as early as 2017, and the shares could trade on up to four markets: New York, London, Hong Kong and Saudi Arabia's capital Riyadh.. Here's what you ...
Saudi Aramco shares zoomed higher on Thursday, turning the massive state oil producer into the world's first $2 trillion company and achieving the valuation long sought by Crown Prince Mohammed ...
Aramco unexpectedly pulled back its I.P.O. plans a year ago, at a time of low oil prices, and instead decided to pursue a stake in Sabic, a huge Saudi chemical producer controlled by the country ...
Saudi Aramco’s investment in the U.S. Saudi Aramco’s numerous business ventures, as well as its IPO, demonstrate it “is a national oil company that wants to become a global energy company ...