Aramco

Saudi Arabia to open more alcohol stores as curbs ease

Saudi Arabia plans to open two new alcohol stores, including one serving non-Muslim, foreign staff at state oil giant Aramco, as the kingdom further eases restrictions, according to people briefed…

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Women footballers call on FIFA to end partnership with Saudi Aramco

A group of over 100 professional women's soccer players sent an open letter to FIFA urging the world governing body to end its partnership with oil and gas conglomerate Saudi…

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May

Aramco reclaims position as most valuable firm

Apple has lost its position as the world's most valuable company amid a broad sell-off of technology stocks. Saudi Arabian oil and gas producer Aramco has reclaimed the top spot…

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Saudi oil giant Aramco sees profits soar by almost 300%

Saudi Arabian state oil producer Aramco reported a near four-fold rise in second-quarter net profit on Sunday, beating expectations and boosted by higher oil prices and a recovery in oil…

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Saudi Aramco reports 44.4% drop in profit for 2020

Saudi Arabian state oil giant Aramco is betting on an Asian-led rebound in energy demand this year after it reported a steep slide in net profit for 2020 on Sunday…

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Saudi Aramco’s profit plunges, sees signs of oil market recovery

Saudi state oil group Aramco on Sunday reported a 73.4% fall in second-quarter net profit, a steeper drop than analysts had forecast, and said it expected capital expenditure for 2020…

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Saudi Aramco shares up sharply on market debut

Saudi Arabia listed state oil company Aramco on the stock exchange on Wednesday in what became the world's biggest-ever initial public offering. Shares opened at 35.2 riyals (€8.47, $9.39), 10% higher…

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Saudi Aramco sets IPO share price at around $8.00

Saudi Aramco’s multibillion-dollar initial public offering (IPO), probably the biggest in history, shifted to full gear as its share price was announced and subscription to the world’s biggest oil company…

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World’s most profitable company, Aramco, to go public

Saudi Arabia’s market regulator approved on Sunday Saudi Aramco’s application to list on the domestic stock market as the kingdom seeks to diversify and create the world’s most valuable listed…

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Oil price recedes on Saudi supply reassurance

Oil prices cooled on Wednesday as Saudi Arabia said the kingdom had fully restored its oil supply following attacks on its crude facilities although caution ahead of an expected U.S.…

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UPDATED: Major Saudi Aramco facility attacked

Drone attacks targeted a major Saudi Aramco processing facility in Buqyaq and oilfield in Khurais in eastern Saudi Arabia Saturday, the Interior Ministry said, sparking a huge fire at one of…

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