November 18th, 2019Saudi Arabia oil company Aramco put up a value of up to USD 1.71 trillion of its IPO, which could be the world's biggest IPO till date.
September 16th, 2019Why Yemeni rebel led Houthi attack over Saudi led the world's biggest oil resource company Aramco. The reason is the Saudi family link into the operation of this company.
August 12th, 2019Reliance group announced that Saudi oil giant Aramco has agreed to acquire 20 percent stake in Reliance Industries oil refinery and chemical business .
June 17th, 2019Saudi Crown Prince Mohammed bin Salman said we are committed to the IPO of Saudi Aramco based on appropriate conditions and at the right time.
October 1st, 2018Saudi Arabia has put on hold an amount of $200 billion under a plan with SoftBank Group Corp. with the purpose of building the largest solar-power-generation project in the world.
As of now, nobody is actively working on the project. However, the Saudi kingdom is working up a broader, much more practical strategy to boost renewable...
August 22nd, 2018Saudi Arabia-based public investment fund is reportedly looking to invest in Lucid Motors, a Newark, CA-based electric car maker which is also a rival of Elon Musk’s Tesla.
The amount of the fund is expected to be more than $1 billion and the fund ownership of the company will be transferred as stated by the reports. Under this...
June 21st, 2018Online travel agency Cleartrip has sealed its first ever cross-border acquisition in Saudi Arabia's Travel Aggregator Flyin. The acquisition will help Cleartrip strengthen its presence and expand its client base in Saudi Arabian market.
Though the financial details of the deal have not been disclosed by the travel firm, it has come...
