Riyadh Likely to Boost First Sovereign Loan to $10b

• Tuesday, 12th April 2016
• by Egypt Oil & Gas

Saudi Arabia has seen substantial demand for its first foreign borrowing in more than a decade, and looks likely to increase the size of the loan up to $10b, up from the initially targeted $8b, banking sources said.

Saudi Aramco Confirms IPO Plans In Privatization Bid

• Sunday, 10th January 2016
• by Egypt Oil & Gas

Saudi Aramco has confirmed that it was studying plans to issue Initial Public Offerings (IPOs) in a partial privatization bid of the world’s largest oil company.