Demand for Saudi Aramco's inaugural international bond is expected to excee...
FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia, May 21, 2018. REUTERS/Ahmed Jadallah/File Photo
RIYADH - Demand for Saudi Aramco’s inaugural international bond is expected to exceed $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday.Al-Falih also said he hopes Aramco’s acquisition of petrochemicals firm Saudi Basic Industries will be completed within six months.Our Standards:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Aramco plans to close SABIC acquisition deal in 2020Saudi Aramco plans to complete the acquisition of a 70 percent stake in Saudi Ba...
Read more »
Saudi Aramco is the world's most profitable companySaudi Aramco reveals that it is the world's most profitable company. In the first public disclosure of its earnings, the government-owned oil company is shown to have made $111 billion last year.
Read more »
The most profitable company in the world is not Apple — it's Saudi AramcoSaudi Aramco, the world's biggest oil producer, made core earnings of $224B last year - almost 3x as much as Apple - figures from the state-owned company showed Monday ahead of its debut international bond issue.
Read more »
Saudi Aramco is big, just not big enoughThe oil producer’s accounts show it is hyper-efficient. That helps its valuation, as does the rise in the price of crude since Aramco first flirted with an IPO. But while the company is a giant, it still doesn’t warrant the $2 trillion value envisaged by Saudi’s crown prince.
Read more »
Aramco's Big Reveal: What We Learned About the Saudi Oil GiantSaudi Aramco is the world’s most profitable company. Aramco’s $111.1 billion profit in 2018 easily dwarfed all other businesses on the planet, a stunning result for a company that also paid the Saudi government $102 billion in taxes last year. Aramco, which produces about 10 percent of the world’s
Read more »
Saudi Aramco to offer $16 billion in contracts to small, medium businesses: ArabiyaSaudi Aramco will offer 140 contracts worth 60 billion riyals ($16 billion) to s...
Read more »
Saudi Aramco made a $111bn profit in 2018Saudi Aramco revealed $111bn in net income last year, more than the other five oil majors achieved combined
Read more »
Aramco tapped Allianz's El-Erian as informal adviser before bond roadshowSaudi Aramco, the world's biggest oil producer, tapped Mohamed El-Erian, ch...
Read more »
Viewsroom: What’s driving Lyft’s valuation?The ride-hailing firm is worth $30 bln after its stock-market debut, even though its losses are growing. Shareholders are betting a shift to autonomous driving will steer it to a profit,
Read more »