26/09/2017 12:03 AST

Saudi Finance Minister Mohammed al-Jadaan told bond investors during a presentation on Monday that the initial public offering of Saudi state oil giant Aramco will proceed as planned in 2018, sources familiar with the matter told Reuters.

Aramco has previously said the listing remained "on track" after a report that the oil company was preparing contingency plans for a possible delay into 2019.

Saudi Arabia held the global investor call in preparation for a potential third international bond issuance, after issuing a $17.5 billion international bond last year and a $9 billion sukuk in April.


Reuters

Saudi Aramco unit hosts first graduation ceremony

19/09/2018

Saudi Aramco, a world leader in integrated energy and chemicals, said one of its units, Saudi Arabian Drilling Academy (Sada) held its first graduation for a cohort of 132 students representing 34 dr

Trade Arabia

Aramco, Schneider sign agreement for 4IR solutions

17/09/2018

Saudi Aramco and Schneider Electric Saudi Arabia have signed an agreement to pursue a variety of Fourth Industrial Revolution (4IR) solutions under the Digital Transformation Program led by Saudi Ara

Trade Arabia

Aramco awards contract to build drilling islands to sustain target oil capacity

12/09/2018

Saudi Arabian Oil Company (Saudi Aramco), in its bid to produce an additional 250,000 barrels per day of Arabian Light crude oil from the Berri Oil Field to reach 500,000 barrels per day to maintain

Saudi Gazette

Ticker Price Volume
QNBK 175.00 523,282
APPC 53.10 247,824
WALAA 23.90 147,194
BUPA 100.60 44,019
EEC 18.24 877,210
SAICO 12.10 183,602
JABALOMAR 39.95 1,131,478
Ticker Price Change
FOOD 0.00 0.00 (0.00%)
QNB revises up oil price forecast to $72 for 2018

20/09/2018

QNB has revised up its forecasts for average annual oil prices to $72/b for 2018 from $69/b and to $69/b in 2019 from $66/b. Both demand and supply factors, however, suggest a tilt towards lower pric

The Peninsula

QIB wins two awards at New Age Banking Summit

20/09/2018

Qatar Islamic Bank (QIB), country’s leading Islamic bank, received two awards from New Age Banking & Finance Awards 2018, as part of the seventh edition of New Age Banking Summit Qatar which was supp

The Peninsula

Nakilat showcases its expertise at Gastech 2018

20/09/2018

Nakilat is participating in the Gastech 2018 Exhibition and Conference currently taking place in Barcelona, Spain from 17 to 20 September 2018. One of the largest LNG-centric events globally, Gastech

The Peninsula

Al Hilal Bank successfully closes $500m sukuk

20/09/2018

Al Hilal Bank, rated A2 by Moody’s and A+ by Fitch has successfully closed a $500 million 5-year Senior Sukuk. The transaction, under Al Hilal Bank’s new management team, marks the first Senior Publ

The Gulf Today

Sabic, Clariant sign deal for speciality materials

20/09/2018

Sabic, the world’s third largest diversified petrochemicals company, has signed an agreement with Clariant towards taking steps to establish certain elements of its Specialties business as a stand-al

Trade Arabia