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Chinese State Banks to Compete for Role on Aramco’s IPO

(Bloomberg) -- Some of China’s biggest state-owned banks have been invited to pitch for the Saudi Aramco initial public offering, people with knowledge of...
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Saudi Women Get a New Right: Allowing Their Kids to Travel

(Bloomberg) -- Saudi mothers will be able to apply for passports for children in their custody and approve travel abroad under new guidelines. The changes,...
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Omani crude oil production reaches 30.091mn barrels in July

The total production of crude oil and condensate was at 30.091 million barrels in July with a daily average output of 970, 682 barrels,...
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Saudi Oil Fields Are in the Firing Line

(Bloomberg) -- Saudi Arabia’s oil fields, responsible for almost a 10th of global crude production, are in the firing line. Recently, they’ve been targeted...
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Let Down by China, Mauritius Turns to Saudi Arabia for Growth

(Bloomberg) -- Let down by falling numbers of Chinese visitors and fretting about Brexit, the tourism industry of Mauritius is turning to an unexpected savior:...
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Saudi Aramco Cuts All Oil Pricing for September Sales to Asia

(Bloomberg) -- Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in...
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Aramco to Finish Pipeline Expansion, Reducing Reliance on Hormuz

(Bloomberg) -- Saudi Aramco expects to complete the expansion of an oil pipeline that runs east-west across the country by September, according to a person...
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Reliance, Aramco Talks on Refinery Stake Sale Said to Stall

(Bloomberg) -- Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co., Aramco...
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Oman-Saudi Road: Paving a Lucrative Path

Oman and Saudi Arabia had joined forces to construct a road that connects the two countries together directly. Set to open soon, the road...
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Saudi Arabia Starts Offering Permanent Residency for $213,000

(Bloomberg) -- Saudi Arabia has opened applications for a permanent residency program designed to attract foreign investment to the kingdom, but it will cost...
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