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Saudi Arabian Oil Co.'s (Saudi Aramco) shares started trading on the Saudi stock exchange on Dec. 11 and quickly reached the daily limit after rising 10 percent to 35.2 Saudi riyals ($9.38) per share, CNBC reported.
U.S. lawmakers from the Senate and the House of Representatives have agreed to raise the minimum level of U.S. troops in South Korea from 22,000 to 28,500 as part of the annual National Defense Authorization Act, NK News reported Dec. 10.
Saudi Arabian Oil Co. is targeting a valuation between $1.6 trillion and $1.7 trillion for its initial public offering and a price of 30-32 Saudi riyals ($8-8.50) per share, the company announced Nov. 17, Bloomberg reported.
Bahrain, Saudi Arabia and the United Arab Emirates will compete in the Arabian Gulf Cup soccer tournament between Nov. 24 and Dec. 6 in Doha, according to the three countries' respective soccer associations, Bloomberg reported Nov. 12.
The shadow of Jamal Khashoggi isn't hanging over the desert kingdom's investors like last year. Even so, the Iranian threat, muddled policies and more are scaring away many investors from Riyadh's Vision 2030 economic plan.
Saudi Arabian Oil Co. (Saudi Aramco) officially announced its intention to launch an initial public offering (IPO) on Nov. 3, adding that it plans to sell an unspecified amount of stock on the Tadawul, the Saudi stock exchange, next month.
The Saudi Arabian Oil Co. (Saudi Aramco) will formally announce its initial public offering (IPO) on Nov. 3, while public trading of the company's shares will begin on the Saudi Tadawul stock exchange on Dec. 11, according to an Oct. 29 report by Al Arabiya.
The Japan Self-Defense Forces (SDF) will dispatch ships and aircraft to the eastern Bab el-Mandeb strait, the Gulf of Oman and the northern Arabian Sea for an investigation and research mission, according to Japanese Chief Cabinet Secretary Yoshihide Suga, The Japan Times reported Oct. 18.