Saudi perfume maker’s US$188 million IPO sells out in hours
SAUDI Arabia-based perfume maker Al Majed for Oud received more orders for its initial public offering than shares available in ...
Tag: Saudi
Saudi fund said to eye Boeing, Airbus jets for new cargo airline
SAUDI Arabia’s sovereign wealth fund is in exploratory talks to line up Boeing and Airbus freighters for a new cargo ...
Saudi wealth fund’s returns boosted by global markets rally
SAUDI Arabia’s sovereign wealth fund said returns rose last year driven by local investments and gains on its international portfolio.The ...
Saudi crude oil exports to China set to slip in September: sources
SAUDI crude oil exports to China are set to fall in September to about 43 million barrels, several trade sources ...
Saudi Arabia raises oil prices to Asia in sign of faith in demand
SAUDI Arabia raised the price of its flagship crude to Asia for the first time in three months, a tentative ...
China investors pile into Saudi ETFs as two nations grow closer
CHINESE investors are pouring money into two new exchange-traded funds (ETFs) tracking Saudi Arabian shares as the dismal performance of ...
China’s Baosteel to boost investment in steel plate in Saudi to US$1 billion
CHINA’S biggest listed steelmaker, Baoshan Iron and Steel Co (Baosteel), said on Thursday (Jul 25) that it will more than ...
China investors can now trade Saudi stocks on two ETFs
TWO exchange-traded funds (ETFs) focused on Saudi Arabian stocks that debuted on Tuesday (Jul 16) in Shanghai and Shenzhen give ...
Saudi Aramco seeks at least US$3 billion from first bond sale in three years
SAUDI Aramco is looking to raise at least US$3 billion from its first bond sale in three years, according to ...
Saudi Aramco to buy 10% stake in Renault, Geely auto JV
The transaction is set to value Horse Powertrain at around 7.4 billion euros with Renault and Geely keeping roughly 45 ...
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