Tag: Saudi Aramco
SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut
SpaceX was on course to blow past $2 trillion in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led…
2.5 times more than Saudi’s Aramco: How big is SpaceX’s $75 billion IPO?
SpaceX priced the largest initial public offering in history on Thursday, selling 555.6 million shares at $135 each to raise $75 billion and valuing Elon…
Saudi Aramco is set to ship less crude oil to India, China amid raging Iran war| Business News
Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the…
Iraq cuts crude oil production as blocked Strait of Hormuz fills up storage| Business News
Iraq has started shutting crude oil production at its biggest oilfields and is set to make even deeper reductions in the coming days—the clearest sign…
Saudi Aramco’s Ras Tanura refinery shut down after drone strike| Business News
Saudi Aramco has shut down its Ras Tanura refinery as a precautionary measure after it was hit by a drone, Reuters reported on Monday, adding…
Gulf stocks slide, Kuwait suspends trading as Iran responds to US-Israel attacks| Business News
Most Gulf equities fell on Sunday and Boursa Kuwait suspended trading after US and Israeli strikes on Iran prompted retaliatory attacks across nearby US targets…