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 of Aramco: “Aramco is ready for the initial offer and the timing remains subject to the state’s decision,” he said on Friday.  Photograph: Hamad I Mohammed/Reuters

Saudi Aramco signalled another potential delay for the world’s largest initial public offering after it started talks this week to buy a stake in a lo(...)

Vehicle light trails pass the Kingdom Tower on King Fahad Road in Riyadh, Saudi Arabia. The country’s market regulator said it will open the Arab world’s biggest bourse to international investors by the middle of 2015. Photograph: Waseem Obaidi/Bloomberg

Saudi shares climbed the most in 10 months after the country’s market regulator said it would open the Arab world’s biggest bourse to international in(...)