Aramco’s Increased Shareholder Payout Amid Economic Reforms
The national oil behemoth of Saudi Arabia, Aramco, is gearing up to distribute nearly £100bn to its shareholders, which includes ...
Friday, November 21
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Tag: Saudi economy
Aramco Maintains Hefty Dividends Amid Economic Challenges
In the face of declining profits, Aramco has chosen to preserve its substantial $31 billion dividend distribution to the Saudi ...
Neom’s Visionary Expansion: Hong Kong Showcase
The individual spearheading a flagship initiative central to Saudi Arabia's economic diversification strategy is set to court investors in Hong ...
Saudi Women Transforming Business Landscape
The commercial landscape in Saudi Arabia is witnessing a notable transformation as women entrepreneurs begin to play a pivotal role. ...
Aramco’s Profits Dip in 2023 Amid Economic Challenges
The Saudi Arabian oil colossus, Aramco, has disclosed its financial outcomes for the past year, with profits amounting to US$121 ...
Saudi Sovereign Fund Set for $5 Billion Boost from Aramco
In the wake of a significant transfer of shares by the Saudi government, the kingdom's sovereign wealth fund is poised ...
Saudi Arabia’s Diverse Economic Performance in 2023
In 2023, Saudi Arabia's economy, the largest in the Arab world, saw a contraction of 0.8 percent from the previous ...
Evaluating Financial Policies in Saudi’s Thriving Economy
The financial health of Saudi Arabia's economy is reportedly robust, according to statements made by the country's Finance Minister Mohammed ...
HSBC Saudi Arabia Focuses on Innovation for Market Expansion
HSBC Saudi Arabia Prioritizes Innovation in Business StrategyHSBC Saudi Arabia, under the leadership of CEO Faris Al-Ghannam, is setting its ...
HSBC Saudi Arabia Champions Innovation in Finance
HSBC Saudi Arabia is placing a strong emphasis on innovation as it seeks to expand its services, according to the ...
Surge in Saudi IPO Activity Signals Market Growth
The Saudi Arabian Tadawul stock exchange, the largest in the Arab world by market capitalization, is experiencing a burgeoning pipeline ...
Aramco’s Multi-Billion Share Sale Attracts Top Banks
Saudi Aramco, the oil colossus, is in the process of engaging heavyweight financial institutions such as Citigroup Inc., Goldman Sachs ...
Aramco Readies More Shares for Sale, Boosting Saudi Economy
In a strategic move to bolster its finances, Saudi Arabia is preparing to release additional shares of its state-owned oil ...
Saudi Tadawul Index Ascends While Nomu Dips
The Saudi stock market witnessed an upward trajectory on Sunday, with the Tadawul All Share Index climbing by 102.61 points, ...
Saudi Arabia’s Non-Oil Sector Flourishes with Remarkable Growth
At the World Economic Forum 2024, Faisal Al Ibrahim, the Saudi Minister of Economy and Planning, shared that the Kingdom's ...
Saudi Economy Minister Engages with Moderna CEO at Davos
During the World Economic Forum's (WEF) annual event held in Davos, Switzerland, a strategic dialogue unfolded between Saudi Arabia's Minister ...
Saudi Arabia’s Robust Non-Oil Sector Fuels Positive Economic Forecast
Anticipations for Saudi Arabia's economy remain upbeat for the coming year, driven by a surge in consumer spending and robust ...