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 sets up new fuel retail subsidiary

27/12/2018

Saudi Aramco announced on Wednesday that it is establishing a fuel retailing subsidiary. The new company, Saudi Aramco Retail Company (RetailCo), will focus on expanding the network of domestic fuel

Trade Arabia

Saudi Aramco in deal to set up new ICT company

19/12/2018

State oil giant Saudi Aramco said it has signed an agreement with Saudi Information Technology Company to set up a new joint venture that will invest in commercial enterprises in the information, com

Trade Arabia

Saudi Aramco, Raytheon in deal to set up cybersecurity JV

16/12/2018

State oil giant Saudi Aramco said it has signed an agreement with global technology and innovation leader Raytheon Company to set up a joint venture aimed at providing best-in-class cybersecurity ser

Trade Arabia

Ticker Price Volume
QNBK 198.00 248,502
APPC 54.70 107,836
ALMARAI 54.00 281,713
WALAA 24.50 120,129
SAICO 11.30 129,220
SABIC 121.00 1,411,876
BISB 0.14 89,549
Ticker Price Change
FOOD 0.00 0.00 (0.00%)
Bank AlJazira wins 2 industry awards

27/12/2018

BANK Aljazira gains new awards during the 4th Islamic Retail Banking Awards Ceremony held in Dubai. The two prestigious awards received were: Critics Choice for Best Islamic Digital Banking and Criti

Saudi Gazette

Emaar, TikTok to explore collaboration opportunities

27/12/2018

Emaar, the biggest developer, has signed a memorandum of understanding (MoU) to explore collaboration opportunities with TikTok, the leading global destination for short-form mobile videos.

The Gulf Today

Saudi Aramco sets up new fuel retail subsidiary

27/12/2018

Saudi Aramco announced on Wednesday that it is establishing a fuel retailing subsidiary. The new company, Saudi Aramco Retail Company (RetailCo), will focus on expanding the network of domestic fuel

Trade Arabia

Acwa Power wins contract for giant Saudi desal plant

27/12/2018

Saudi-based Acwa Power has won a contract to develop Rabigh 3, the world’s largest independent water desalination plant (IWP) located on the Red Sea coast, further expanding its desalination capacity

Trade Arabia

Bank Sohar rebrands as Sohar International

26/12/2018

Oman-based Bank Sohar, as it was formerly known, recently rebranded to ‘Sohar International’ as part of its new vision to become a world-leading Omani service company.

It unveiled the new

Trade Arabia