Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Opinion Markets From petrostate to deal state: Gulf IPO markets mature The Gulf's regional exchanges are defying the global slowdown and outperforming their Western peers June 4, 2025 Finance Saudi Arabia targets $12.6bn from bonds for rest of 2025 Saudi Arabia is expected to issue $12.6 billion in bonds for the remainder of the year, JPMorgan said, as the kingdom resorts to the debt markets amid huge investments to overhaul its economy and lower oil prices. The Gulf country, which forecasts a budget deficit of $26.9 billion this year, is seeking funds to invest in […] June 4, 2025 Editor's Insight Energy Middle East has the keys to unlock carbon capture Humdrum issues such as modular construction and international standards will go a long way to encouraging more carbon capture and storage (CCS), according to delegates at Oman Sustainability Week in Muscat this month. Modular approaches should help cut costs on everything from maintenance to transport to engineering. International standards, meanwhile, on what constitutes low-carbon fuel […] May 30, 2025 Markets Hong Kong and Saudi work on cross-border financial products Hong Kong and Saudi Arabia are considering allowing more cross-border financial products as the two markets seek to deepen financial ties amid rising trade uncertainties. An exchange-traded fund tracking bonds issued by the Saudi government started trading in Hong Kong on Thursday, the first fixed-income fund listed in the territory to offer such exposure. Apart […] May 30, 2025 Oil & Gas Aramco to continue raising debt to fund expansion, says CEO Saudi Aramco will continue borrowing to support its expansion and effectively leverage its balance sheet, the head of the energy giant said. The Saudi-listed oil giant this week raised $5 billion in bonds as spreads tightened. The five-year issue, which was priced at 80 basis points (bps) over US treasury bonds, tightened from its original […] May 30, 2025 Finance Mubadala’s $1bn sukuk order book oversubscribed five times Abu Dhabi sovereign wealth fund Mubadala has sold $1 billion in 10-year US dollar-denominated Islamic bonds, or sukuk, in its first debt sale of the year, news service IFR said on Wednesday. Acting through the Mamoura Diversified Global Holding debt vehicle, Mubadala priced the bonds at 60 basis points (bps) over US treasuries, narrower than […] May 29, 2025 Oil & Gas Aramco defies oil slump with strong $5bn bond sale Saudi Aramco’s $5 billion bond sale on Tuesday saw spreads tighten, suggesting a strong market appetite for the company’s debt despite falling oil prices. The state-owned oil company sold bonds in three tranches. A 5-year issue, which was priced at 80bps over US treasury bonds, tightened from its original 115bps guidance. The spread of a […] May 28, 2025 Transport Chinese self-driving operator WeRide launches Saudi operations Autonomous driving company WeRide has announced plans to roll out driverless taxis in Saudi Arabia before the end of the year. It is already testing its flagship product the Robotaxi in Riyadh and the upmarket holiday resort of AlUla as well as “other core autonomous driving products”, WeRide said in a press release. The company […] May 28, 2025 Oil & Gas Saudi Arabia may cut Asia crude prices to 6-month lows Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, refiners said, tracking losses in benchmark prices driven by rising supply from Opec+. The July official selling price (OSP) for flagship Arab Light crude may drop by 40 to 50 cents to between 90 cents and $1 […] May 28, 2025 Analysis Markets United Carton’s shares fall on Tadawul first day Shares in United Carton Industries Company fell on their debut in Riyadh on Tuesday, making it the only Saudi company this year to end its first day below its initial public offering price. UCIC closed at SAR49.25, 1.5 percent below the IPO price of SAR50, in the first Saudi listing since President Donald Trump‘s tariffs […] May 28, 2025 Posts navigation Previous 1 2 3 … 56 Next
Opinion Markets From petrostate to deal state: Gulf IPO markets mature The Gulf's regional exchanges are defying the global slowdown and outperforming their Western peers June 4, 2025
Finance Saudi Arabia targets $12.6bn from bonds for rest of 2025 Saudi Arabia is expected to issue $12.6 billion in bonds for the remainder of the year, JPMorgan said, as the kingdom resorts to the debt markets amid huge investments to overhaul its economy and lower oil prices. The Gulf country, which forecasts a budget deficit of $26.9 billion this year, is seeking funds to invest in […] June 4, 2025
Editor's Insight Energy Middle East has the keys to unlock carbon capture Humdrum issues such as modular construction and international standards will go a long way to encouraging more carbon capture and storage (CCS), according to delegates at Oman Sustainability Week in Muscat this month. Modular approaches should help cut costs on everything from maintenance to transport to engineering. International standards, meanwhile, on what constitutes low-carbon fuel […] May 30, 2025
Markets Hong Kong and Saudi work on cross-border financial products Hong Kong and Saudi Arabia are considering allowing more cross-border financial products as the two markets seek to deepen financial ties amid rising trade uncertainties. An exchange-traded fund tracking bonds issued by the Saudi government started trading in Hong Kong on Thursday, the first fixed-income fund listed in the territory to offer such exposure. Apart […] May 30, 2025
Oil & Gas Aramco to continue raising debt to fund expansion, says CEO Saudi Aramco will continue borrowing to support its expansion and effectively leverage its balance sheet, the head of the energy giant said. The Saudi-listed oil giant this week raised $5 billion in bonds as spreads tightened. The five-year issue, which was priced at 80 basis points (bps) over US treasury bonds, tightened from its original […] May 30, 2025
Finance Mubadala’s $1bn sukuk order book oversubscribed five times Abu Dhabi sovereign wealth fund Mubadala has sold $1 billion in 10-year US dollar-denominated Islamic bonds, or sukuk, in its first debt sale of the year, news service IFR said on Wednesday. Acting through the Mamoura Diversified Global Holding debt vehicle, Mubadala priced the bonds at 60 basis points (bps) over US treasuries, narrower than […] May 29, 2025
Oil & Gas Aramco defies oil slump with strong $5bn bond sale Saudi Aramco’s $5 billion bond sale on Tuesday saw spreads tighten, suggesting a strong market appetite for the company’s debt despite falling oil prices. The state-owned oil company sold bonds in three tranches. A 5-year issue, which was priced at 80bps over US treasury bonds, tightened from its original 115bps guidance. The spread of a […] May 28, 2025
Transport Chinese self-driving operator WeRide launches Saudi operations Autonomous driving company WeRide has announced plans to roll out driverless taxis in Saudi Arabia before the end of the year. It is already testing its flagship product the Robotaxi in Riyadh and the upmarket holiday resort of AlUla as well as “other core autonomous driving products”, WeRide said in a press release. The company […] May 28, 2025
Oil & Gas Saudi Arabia may cut Asia crude prices to 6-month lows Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, refiners said, tracking losses in benchmark prices driven by rising supply from Opec+. The July official selling price (OSP) for flagship Arab Light crude may drop by 40 to 50 cents to between 90 cents and $1 […] May 28, 2025
Analysis Markets United Carton’s shares fall on Tadawul first day Shares in United Carton Industries Company fell on their debut in Riyadh on Tuesday, making it the only Saudi company this year to end its first day below its initial public offering price. UCIC closed at SAR49.25, 1.5 percent below the IPO price of SAR50, in the first Saudi listing since President Donald Trump‘s tariffs […] May 28, 2025
