Skip to content Skip to Search
Skip navigation
Company Insights

Saudi Aramco

Saudi Aramco News

UCIC, the Middle East’s largest paper packaging company, says its IPO raised $160 million

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 […]

Facing lower profits, Saudi Aramco is back in the bond market, raising funds for expansion and Saudi Arabia's Vision 2030

Saudi Aramco seeks funds through three-part bond sale

Oil giant Saudi Aramco wants to raise funds through a dollar-denominated three-part bond sale, fixed income news service IFR reported on Tuesday. The debt deal, which is expected to be priced later in the day, will be benchmark-sized, which is usually considered to be at least $500 million. Earlier this month, Aramco reported a 4.6 percent drop in […]

A lone worker at a Saudi Aramco gas plant. The company plans to increase investment in natural gas and in overseas projects

US investors ‘would be first in line for any Aramco asset sale’

Asset sales could allow Saudi Aramco to maintain its capital expenditure plans and keep its government shareholders happy with dividends, analysts have said. The national oil company is reportedly looking for investors to buy stakes in its subsidiaries and infrastructure, with a particular focus on its $100 billion Jafurah gas field project, according to a […]

Saudi Aramco employees on site. The company has asked investment bankers to pitch ideas for how to raise funds from its assets

Aramco ‘considering asset sales’ to free up funds

Saudi Aramco is considering asset sales to free up funds as it pursues an international expansion and weathers lower crude prices, sources have told Reuters. The world’s largest oil-producing company is the main source of Saudi state revenue. The company will slash dividend payouts by nearly a third this year as lower oil prices hit its […]

A view of the King Abdullah Financial District in Riyadh. Graphiant's regional HQ will 'localise talent, technology transfer and ecosystem growth'

Aramco and STC units back US tech startup Graphiant

US network connectivity startup Graphiant has secured funding from the venture capital units of Saudi Aramco and Saudi Telecom Company (STC), as it plans to open a regional headquarters in Riyadh. Aramco’s Wa’ed Ventures and STC Tali Ventures have invested a combined $19 million, bringing total series B funding to $102 million, Graphiant said in a statement. […]

Saudi Arabia crude: Wood Mackenzie expects Saudi Arabia to consume 465,000 to 470,000 bpd of crude for power generation this year

Saudi Arabia to burn more summer crude as fuel oil prices rise

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after Opec+ eases supply controls and as fuel oil has become costly, analysts and trade sources said. By burning more crude the Opec kingpin could ease some concerns over global oversupply after Opec+, which […]

'Markets have been pretty resilient. That’s slightly against what we have expected, says analyst Shahrukh Saleem

Saudi IPOs bounce back ‘quicker than expected’

Three initial public offerings launched in the past six weeks stand to raise close to $1.8 billion on the Saudi Exchange – nearly twice as much as the IPOs on the main market in the first quarter. This suggests the lull in Saudi IPOs that followed President Donald Trump’s “Liberation Day” announcement on April 2 […]

Saudi Crown Prince Mohammed bin Salman and U.S. President Donald Trump co-chair the Saudi-American Saudi Crown Prince Mohammed bin Salman and U.S. President Donald Trump co-chair the Saudi-American Summitat the Royal Court at Al-Yamamah Palace in Riyadh, Saudi Arabia, on May 13, 2025. Photo by Saudi Press Agency Riyadh Riyadh Saudi Arabia 130525_Saudi_Arabia_SPA_3_002 Copyright: xapaimagesxSaudixPressxAgencyxxapaimagesxNo Use Switzerland. No Use Germany. No Use Japan. No Use Austria

PIF plans $100bn ‘Project Paradise’

Saudi Arabia’s $925 billion Public Investment Fund is drawing up plans for a $100 billion development in Riyadh, even as it reins in spending across some of its flagship projects, according to sources. The mixed-use project, known internally as “Project Paradise”, is in the early planning stage and is expected to be located southwest of […]