The biggest IPO proceeds in Saudi Arabia during the third quarter, amounting to $12 million or nearly half of the total, went to Tharwah Human Resources Company, which became the first consulting firm ...

Oil output is expected to rise next year, driving a rebound in overall economic growth. Image: Reuters Saudi Arabia ...

The kingdom's total revenue stood at 309 billion riyals in the third quarter of this year, with oil revenues at 191 billion ...

Saudi Arabia logged a budget deficit of 30 billion riyals ($8 billion) in the third quarter, a finance ministry statement showed on Monday, as lower oil prices weighed on revenue.

Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...

Aramco's shares are down about 17 per cent this year, trailing the performance of Western oil majors Exxon and Shell, but ...

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

The Q3 2024 net income, down from $32.6 billion in Q3 2023 was in line with analyst consensus, despite certain non-cash ...

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 cuts ...

IPO (initial public offering) outlook remains cautiously optimistic during the third quarter (Q3) of 2024, with five maiden ...

The Ministry of Tourism announced that the number of tourism hospitality facilities licensed to operate across the Kingdom of Saudi Arabia has increased to more than 3,950 by the end of the third ...

Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.