Aramco

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Saudi Aramco’s Ras Tanura oil refinery and terminal in Saudi Arabia. Photograph: Ahmed Jadallah/Reuters

The world’s most profitable and valuable company, the world’s largest oil producer, the biggest initial public offering (IPO) in history – superlative(...)

Photograph: Lionel BONAVENTURE/AFP

Chinese e-commerce giant Alibaba will raise up to $12.9 billion (€11.65 billion) from its landmark Hong Kong listing and is set to price its shares at(...)

Photograph: Mohammed Al-Nemer/Bloomberg

Saudi state oil giant Aramco will sell up to 0.5 per cent of its shares to individual retail investors and will be restricted from issuing additional (...)

US secretary of state Mike Pompeo leaving the US to travel to Saudi Arabia. Photograph: Getty Images

Oil prices retreated about 2 per cent on Wednesday, extending the previous day’s declines after Saudi Arabia said it would quickly restore full produc(...)

Traders work on the floor at the New York Stock Exchange, on Tuesday, when  stocks rebounded from Monday’s plunge.  Photograph: Brendan McDermid/Reuters

Global financial markets showed signs of stabilising on Tuesday, a day after China’s announcement of retaliatory tariffs on imports from the United St(...)

 François Villeroy de Galhau, governor of the  central bank of France; 16-year-old Swedish climate activist Greta Thunberg and John J Haley, CEO of Willis Tower Watson, during a panel session in Davos.

Three months after scores of business and political figures shunned a Riyadh investment forum, dubbed “Davos in the Desert”, following the killing of (...)

Almost 13 years after Séamus Brennan raised the prospect of introducing mandatory pensions, the Government is seemingly getting around to it

Almost 13 years after Séamus Brennan raised the prospect of introducing mandatory pensions, the Government is seemingly getting around to it. More tha(...)

Saudi Arabia’s crown prince announced the plan to sell about 5 per cent of Aramco in 2016, predicting the sale would value the whole company at $2 trillion (€1.72 trillion) or more.

Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history, f(...)

A Tesla logo adorns a ‘Model S’ car in a dealership. Photograph: Hannibal Hanschke/Reuters

Tesla chief executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs as financial advi(...)

Amin Nasser, chief executive officer of Saudi Arabian Oil Co. (Aramco), speaks at an energy market conference in Houston, Texas last week. A planned stock market flotation of Aramco now looks likely to be delayed until 2019 at least.  Photograph:  Carter Smith/Bloomberg

Investors waiting for the chance to buy a piece of Aramco, Saudi Arabia’s state-owned oil behemoth, will probably have to wait. Saudi officials are re(...)

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