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Muhammad Bin Salman

Saudi Aramco listing

Saudi Aramco, the world’s most profitable organisation, finally has a price tag. After years of delay, Saudi Arabia has placed a value of $1.71 trillion on the state-owned energy giant – making it also by far the most valuable company

Saudi Aramco declares $1.71 trillion valuation in IPO

RIYADH: Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world’s biggest IPO, but missed Crown Prince Mohammed bin Salman’s initial target of $2 trillion. Aramco said it

Putin visits Saudi Arabia for first time in over a decade

RIYADH: Russian President Vladimir Putin visits Saudi Arabia on Monday for the first time in over a decade, seeking to capitalise on growing influence born of military advances in Syria, strong ties with regional rivals and cooperation on energy policy.

Avoiding Saudi-Iran war

After the brazen attacks on Saudi facilities earlier this month, there was fear that the Middle East crisis would lead to a full-grown conflict between Saudi Arabia and Iran. Both nations have a long history of bitter rivalry, but it

Saudi Arabia appoints new Energy Minister amid low oil prices

RIYADH: Saudi Arabia’s King Salman has appointed his son, Abdul Aziz bin Salman, as the new energy minister, on Sunday, state media said, in a major shakeup as the OPEC overlord reels from low oil prices. The appointment of Prince