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.

Reports Q3 revenue $2.92B, consensus $2.77B. The company said, “Net sales in the third quarter were affected by lower prices in the ...

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, ...

The surge in the debt capital market places the UAE fourth globally in all currencies, after Malaysia, Saudi Arabia, and ...

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

DUBAI: Saudi oil giant Aramco on Tuesday (Oct 5) reported a 15.4 per cent drop in third-quarter profit due to lower crude ...

SAUDI Arabia logged a budget deficit of 30 billion riyals (S$10.5 billion) in the third quarter, a finance ministry statement showed on Monday (Nov 4), as lower oil prices weighed on revenue. Read ...

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 ...

Saudi Aramco reported a 15.4% decline in Q3 earnings due to lower oil prices, but maintained its $31.1 billion dividend payout to support Saudi Arabia's Vision 2030.