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Saudi-Malaysian refinery CDU has begun to restart, says Petronas

Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun...
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Saudi Arabia Is Set to Start First Wind-Power Plant

(Bloomberg) -- Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to...
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Aramco to Peel Back Financial Veil With August Earnings Call

(Bloomberg) -- Now that Saudi Aramco has revealed itself as the world’s most profitable company, it’s preparing to host its first earnings call in...
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Saudi Arabia on Track to Outpace India at Top of ETF...

(Bloomberg) -- Saudi Arabia is climbing quickly in a ranking that tracks flows into exchange-traded funds of developing countries this year, and could soon...
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UAE-Led Probe of Oil Tanker Attacks Blames a ‘State Actor’

(Bloomberg) -- An investigation into a spate of attacks on oil tankers in the Middle East last month has concluded that a “state actor”...
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Careem Offers Bus Hailing to Pilgrims

(Bloomberg) -- Careem Networks FZ, the Middle Eastern ride-hailing company recently snatched up by Uber Technologies Inc., is expanding in Saudi Arabia with a...
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Gulf Bank Mergers: Who’s Talking to Whom?

(Bloomberg) -- If you’re struggling to keep up with the pace of bank consolidation in the Gulf, here’s an overview of which lenders are in...
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Saudi Taqa Sees $1.2 Billion in Oil Deals

(Bloomberg) -- A Saudi oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying...
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Saudi Wealth Fund on Track to Manage $400 Billion Assets in...

(Bloomberg) -- Saudi Arabia’s sovereign wealth fund is on track to manage $400 billion of assets by the end of next year, its head...
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Saudis Pledge to Ensure Oil Supply if Iran Exports Collapse

(Bloomberg) -- Saudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market “does not go out of...
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