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Aramco seals 40 local procurement contracts worth USD 6 bn
The move falls under Aramco’s SAR 1.5 tn In-Kingdom Total Value Add program
Aramco closing in on contractors for next big gas grid expansion
Aramco will award official contracts to the winning bidders “later in this quarter”
A new IMC in Jeddah. Plus: manufacturing, sports, fintech
Dallah Healthcare owns a 27.2% stake in IMC, while Fitaihi Holding has a 19.25% stake
New proven reserves at Jafurah make the largest shale field outside of the US even more economically significant
Plus: A quick explainer of proven, probable, and possible oil and gas reserves
Aramco, Mapei get regulatory approvals for separate mergers in Kuwait
Sabic unit Hadeed is still waiting for clearance to buy 100% of Rajhi Steel
The latest from the eternal game to shape the global oil market
OPEC is putting its spin on Aramco’s decision to cap investment in hydrocarbon production
Canada is looking to rebuild ties, develop a “great relationship” with Saudi
Plus: Riyadh Metro to open this year
Aramco’s lower max production target underlines a more flexible investment policy, rising appetite for renewables
Plus: IMF boss Kristalina Georgieva loves AlUla
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