Tag: Saudi Aramco
Cash-strapped Pak approves projects worth billions of dollars to Gulf countries for investment purpose
ISLAMABAD: In a major development, cash-strapped Pakistan has in principle approved 28 projects worth billions of dollars that would be offered to Gulf countries for…
Saudi prince announces transfer of 4% Aramco stake to public investment firm
Saudi Arabia’s crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign…
Shanghai Cooperation Organization: Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow
RIYADH: Saudi Arabia‘s cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S….
Saudi Aramco to buy 10% stake in China oil refinery for $3.6 billion
Bloomberg | | Posted by Shobhit Gupta Saudi Aramco, the world’s biggest oil producer, has agreed to buy a 10% stake in a giant oil…
Saudi Aramco’s 2022 net profit jumps to 46% as oil demand rises
Saudi Aramco said on Sunday it achieved “record” profits totalling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine…