Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55367154
Caption:

Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo

Boutique Bank Moelis Wins Advisory Role of Mammoth Saudi Aramco IPO

by Wael Mahdi | Feb 9, 2017 | Business

Khobar – New York-based boutique investment bank Moelis & Co (MC.N) has been chosen as an adviser by Saudi Aramco on its plans for what is expected to be the world’s biggest initial public share offer (IPO). Moelis will be the internal independent...

Media ID: 55366770
Caption:

Facebook Announces Jump in Income, Users Base Touches 1.86 Billion

by Asharq Al-Awsat English | Feb 2, 2017 | Technology

Facebook’s profits more than doubled in the final quarter of 2016, as the social networking service giant now enjoys a user base of over a billion users. The social media platform saw its audience grow and head towards a stunning two billion mark.People using...

Media ID: 55361425
Caption:

Amin al-Nasser, president of state oil giant Saudi Aramco. OZAN KOSE, AFP, GETTY IMAGES

Aramco’s Shares to Be Set for IPO in 2018

by Wael Mahdi | Nov 3, 2016 | Business

Riyadh- Aramco’s Chief Executive Officer Eng. Amin al-Nasser couldn’t avoid talking about his company’s IPO during the Energy Dialogue Conference, which concluded on Wednesday at King Abdullah Petroleum Studies and Research Center (KAPSARC in Riyadh. Nasser delivered...

Media ID: 55358124
Caption:

A picture illustration shows U100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

Foreign Investors Resume Saudi Shares’ Purchases before Eid al-Adha

by Shuja Al-Baqmi | Sep 10, 2016 | Business

Riyadh- Tadawul latest figures revealed a rise in purchases of enlisted companies’ shares by foreign investors during last week’s session. According to released figures, purchases picked up 30% compared with selling levels and this means that foreign investors...

Media ID: 55357694
Caption:

A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

Capital Flow to Saudi Shares Market Declines

by Shuja Al-Baqmi | Sep 3, 2016 | Business

Riyadh-The recent relapse in traded monetary liquidity averages in the Saudi shares market caused concern for some shareholders in enlisted companies. This situation coincided with the upcoming Eid Al-Adha holiday. On the level of monetary liquidity flow to Saudi...