Deutsche Bank AG is expanding in Saudi Arabia and the United Arab Emirates as the lender expects sovereign bond sales and initial public offerings to drive deals this year.
Saudi Arabia is reportedly looking at natural gas assets in Texas shale basins and is in talks with a US liquefied natgas producer as it looks to break into US shale.
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Saudi Arabia's state-owned oil giant has "mega investment" plans for the world's fastest growing oil market, according to Saudi Arabian Oil Co.'s chief executive officer.
Reconciling a sluggish global economy and all round uncertainty with rallying stock markets and tight spreads is preoccupying most minds today. While the market pundits seek to resolve the current di...
Meed's new report says that after a year of uncertainty in 2016, Saudi Arabia will start to deliver on its promises in 2017.
Alternative investments asset manager, Alkhabeer Capital, has won Best Private Equity Company 2017 in Saudi Arabia award by the leading industry publication, Banker Middle East, a member of the CPI Financial publishing group.
Saudi Arabia plans to expand its sovereign wealth fund into the world’s largest. The kingdom took a huge step toward that goal on Saturday when it signed billions of dollars of deals with Blackstone Group LP and SoftBank Group Corp.
HONG KONG: Oil prices pressed on with fresh gains in Asian trade on Tuesday (May 16), boosting energy firms, after Russia and Saudi Arabia indicated they could extend an output cut into next year. The world's top two crude-producing nations raised the idea at the weekend, with a deal agreed ...
Saudi Arabia will develop 30 solar and wind projects over the next 10 years as part of the kingdom’s $50 billion program to boost power generation and cut its oil consumption. The world’s biggest exporter of crude oil will produce 10 percent of its power from renewables by 2023, Energy Minister Khalid Al-Falih said Monday at a conference in Riyadh. It also plans to generate an unspecified amount of electricity from nuclear plants. The country is currently seeking bids to build 700 megawatts of wind and solar power capacity in a first round of tenders. It plans a second tender round...