Middle-east Arab News Opinion | Asharq Al-awsat

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ADNOC (Reuters Photo)

ADNOC to Arrange USD5 Billion Loan

by Asharq Al-Awsat | Aug 4, 2017 | Business

Abu Dhabi- The Abu Dhabi National Oil Company (ADNOC) has announced that it is currently considering a range of financing options, including bank loans, to promote prospects of smart growth and ensure sustainable expansion of its business, adding that it is...

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Employee passes by London Stock Exchange. Reuters

Proposals to Change Listing Rules in London Stock Exchange

by Asharq Al-Awsat | Jul 14, 2017 | Business

London- The Financial Conduct Authority suggests new rules that would create a new category of firms’ listings that are controlled by states in UK stock exchange markets. These suggestions coincide with a competition among stock exchange markets around the world to...

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Logo of Saudi Aramco REUTERS/Hamad I Mohammed/File Photo

Toronto Stock is Trying to Win a Share of Saudi Aramco IPO

by Asharq Al-Awsat | May 29, 2017 | Business

Toronto – Toronto Stock Exchange’s (TSX) continue with its efforts to win a part of the massive Saudi Aramco public listing with the country’s deep experience in natural resources as part of a broader offer to help Saudi Arabia with its shift away from oil...

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A Saudi Aramco employee sits in the area of its stand at the Middle East Petrotech 2016, an exhibition and conference for the refining and petrochemical industries, in Manama, Bahrain, September 27, 2016. REUTERS/Hamad I Mohammed

Aramco to Issue Debut Islamic Bonds in Three Months

by Wael Mahdi | Mar 22, 2017 | Business

Khobar- Saudi Arabian Oil Co., Aramco, is seeking to issue USD2 billion worth debut Islamic bond sale, the first step of a plan to tap markets for $10 billion, said sources. Aramco will sell riyal-denominated Islamic bonds, or sukuk — the sukuk may be privately...

Media ID: 55369193
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A Saudi Aramco employee sits in the area of its stand at the Middle East Petrotech 2016, an exhibition and conference for the refining and petrochemical industries, in Manama, Bahrain, September 27, 2016. REUTERS/Hamad I Mohammed

Evercore, Moelis Aramco’s Advisors during the Company’s IPO

by Wael Mahdi | Mar 12, 2017 | Business

Khobar – Things haven’t been settled yet as which bank will be in charge of Saudi Aramco’s initial public offering (IPO) or even take the advisory role. Bloomberg reported that Aramco had added another financial advisor, Evercore Partners Inc., the US bank founded by...