Matthew Martin
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BlackRock’s Aggressive Hunt For Growth In Saudi Arabia
The kingdom is plowing billions into infrastructure and investments—and Larry Fink is out to make sure the asset management giant gets a share
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BlackRock’s Aggressive Hunt For Growth In Saudi Arabia
The kingdom is plowing billions into infrastructure and investments—and Larry Fink is out to make sure the asset management giant gets a share
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Saudis Bolster Local Manufacturing Drive With SoftBank Venture
Saudi Arabia’s new $100 billion investment firm announced a string of deals Tuesday, including a partnership with SoftBank Group Corp., aimed at transforming the kingdom into an industrial and manufacturing powerhouse.
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Saudis Bolster Local Manufacturing Drive With SoftBank Venture
Saudi Arabia’s new $100 billion investment firm announced a string of deals Tuesday, including a partnership with SoftBank Group Corp., aimed at transforming the kingdom into an industrial and manufacturing powerhouse.
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Saudi Arabia Lines Up Goldman, Citi For Aramco Share Sale
Saudi Arabia is set to hire banks including Citigroup Inc., Goldman Sachs Group Inc. and HSBC Holdings Plc for a secondary share sale in Aramco, a deal that would raise about $20 billion and rank among the biggest offerings in recent years, people familiar with the matter said.
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Saudi Arabia Eyes Reviving Multibillion Dollar Aramco Share Sale
Saudi Arabia is considering plans to revive a follow-on offering in Aramco as soon as February, in a multibillion-dollar deal that’s likely to rank among the biggest share sales in recent years, according to people familiar with the matter.
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Saudi Arabia Prepares To Open Liquor Store, But Only For Diplomats
Saudi Arabia is about to open its first liquor shop in decades as it increasingly loosens social restrictions - but alcohol will only be sold to diplomats.
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Saudi Aramco Keeps Sending Oil Through Houthi-Menaced Red Sea
Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where Houthi militants have for months been menacing merchant ships in response to Israel’s war in Gaza.
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Saudi Aramco Keeps Sending Oil Through Houthi-Menaced Red Sea
Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where Houthi militants have for months been menacing merchant ships in response to Israel’s war in Gaza.
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Saudi Fund Outpaces Singapore’s GIC With $31.6 Billion Splurge
PIF, as the Saudi fund is known, deployed $31.6 billion in 2023, according to research consultancy Global SWF.
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Saudi Arabia Boosts Wealth Fund With $27 Billion Injection
Saudi Arabia, hurt by low oil prices, has drawn down foreign reserves and cut spending while it funds a budget deficit that reached about 15 percent of gross domestic product last year.
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Saudi Aramco Raises $25.6 Billion In World's Biggest Initial Public Offering (IPO)
The state-owned oil giant set the final price of its shares at 32 riyals ($8.53), valuing the world's most profitable company at $1.7 trillion.
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Saudi Aramco Still Chasing $15 Billion Deal With Mukesh Ambani's Reliance
Reliance's shares fell in mid-July after Chairman Mukesh Ambani said a transaction had been delayed "due to unforeseen circumstances in the energy market and the Covid-19 situation."
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Saudi Arabia Seeks Trade Deals, Mulls BRICS Offer To Lift Exports
Saudi Arabia is looking to sign more free trade agreements and still considering joining the BRICS club of emerging nations, as it looks to boost non-oil exports, according to the kingdom’s minister of economy and planning.
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Saudi Arabia Seeks Trade Deals, Mulls BRICS Offer To Lift Exports
Saudi Arabia is looking to sign more free trade agreements and still considering joining the BRICS club of emerging nations, as it looks to boost non-oil exports, according to the kingdom’s minister of economy and planning.
