DUBAI: Saudi Aramco, the world’s biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the...
DUBAI: Saudi Arabia’s economy grew in the fourth quarter of last year at its fastest rate since early 2016 due to an expansion in the oil sector, while...
MANAMA: As the weekend kicks off in Bahrain, Saudi Arabian and Kuwaiti cars jam the capital’s roads and hotel lobbies fill with visitors looking for bars,...
Aramco intends to issue its first U.S. dollar-denominated bonds, expected to be at least $10 billion, in the second quarter to help finance the acquisition of...
Dubai: Dubai’s ruler has resisted efforts by Kuwait to release nearly $500 million in frozen funds at the heart of a money-laundering probe straining...
DUBAI: Gulf stocks fell Sunday, pressured by general weakness across emerging markets as investors steered clear of assets perceived as risky due to a...
DUBAI: Gulf stocks were mixed Sunday, with some companies’ positive financial results offsetting a bearish background due to persisting global trade concerns...
DUBAI: Gulf stock markets were up Sunday, reflecting gains in world stocks last week after the threat of tariffs by the United States and China on billions of...
DUBAI: Middle Eastern stock markets mostly fell Sunday – with Saudi petrochemical shares hit particularly hard – in response to a decline by international...
DUBAI: Saudi Arabia has accelerated steps to resolve a $22 billion debt dispute that is seen by investors as a litmus test of Crown Prince Mohammad bin...
DUBAI/LONDON: A boycott of Qatar by its neighbors has prompted HSBC to turn down a leading role on Doha’s new dollar bond as the bank treads a political...
DUBAI: Saudi Aramco is working to secure billions of dollars in cheap loans from banks seeking to strengthen their ties with the oil giant before its stock...
DUBAI: Kingdom Holding’s plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia’s...
DUBAI: Dana Gas has revoked an offer to creditors to exchange its outstanding $700 million Islamic bond for new notes, ending the chance of a consensual...
DUBAI: Saudi Arabia has included a disclosure on credit risk retention requirements, part of the U.S. Dodd-Frank Act, in the prospectus of a debut dollar...
DUBAI/LONDON: Saudi Arabia conducted the largest-ever emerging market bond sale Wednesday, selling $17.5 billion of debt in the government’s first...