Saudi Aramco Quarterly Profit Down 15 Percent On Low Prices

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Saudi Arabia, the world’s biggest crude exporter, is currently producing roughly nine million barrels per day (bpd), well below its capacity of 12 million bpd. This reflects a series of output ...
KSA dominated listing activity with three IPOs The third quarter saw the region’s first non-GCC listing this year in Egypt ...
Borr is also facing potential activity gaps due to the lingering effects of rig suspensions in Saudi Arabia earlier in the year and possible suspensions in Mexico. In response, the company has ...
The surge in the debt capital market places the UAE fourth globally in all currencies, after Malaysia, Saudi Arabia, and ...