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Rosneft CEO Igor Sechin attends a briefing dedicated to the signing of a contract between Rosneft and Essar Oil Ltd. companies in Ufa. Reuters
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An oil tank is seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. (Reuters)
At Least 10 Oil Deals during Trump’s Saudi Visit
Kuwait- Saudi Aramco plans to sign agreements with at least 10 companies during the Saudi-US CEO Forum that is scheduled to be held on May 20 during US President Donald Trump’s visit to Riyadh over the weekend. Bloomberg quoted sources as saying that among others,...Caption:
Men look out of a building as the Kingdom Centre Tower is seen in Riyadh, Saudi Arabia, January 1, 2017. REUTERS/Faisal Al Nasser/File Photo
Saudi Arabia to Privatize Four Sectors This Year
Khobar– A Saudi official said the Kingdom was planning to privatize four sectors this year, including the Saline Water Conversion Corporation, a power generation company under Saudi Electricity Co., grain silos and sports clubs. In an interview with Bloomberg News...Caption:
A Saudi man shows Saudi riyal banknotes at a money exchange shop in Riyadh. (Reuters)
Saudi Arabia Set to Raise $8 Billion in Debut Islamic Bond Sale
Khobar – Saudi Arabia will raise $8 billion (SAR30 billion) in its first global Islamic bond issue, with an order book from investors in excess of $33 billion (SAR123 billion). The government is selling the five-year sukuk tranche at 100 basis points over the...Caption: