{"id":95015,"date":"2025-03-06T00:00:00","date_gmt":"2025-03-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/06\/aramco-considers-bidding-for-castrol-lubricants-business\/"},"modified":"2025-03-06T00:00:00","modified_gmt":"2025-03-06T00:00:00","slug":"aramco-considers-bidding-for-castrol-lubricants-business","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/06\/aramco-considers-bidding-for-castrol-lubricants-business\/","title":{"rendered":"Aramco considers bidding for Castrol lubricants business"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>Good morning, wonderful people.<\/strong> We\u2019re rounding out the first workweek of Ramadan with a meaty issue that brings us news from capital markets, the world of debt, and sports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>IN TODAY\u2019S ISSUE-<\/strong> Entaj Foods saw the retail tranche of its upcoming Tadawul IPO close 30.2x oversubscribed, reeling in SAR 1.4 bn in orders. Meanwhile, the Saudi National Bank is gearing up for a new Formosa bond issuance, and PIF\u2019s events arm Sela signed an agreement with UFC and WWE owner TKO Group Holding to launch a new boxing promotion venture.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\">^^ The details on these stories and more are in this morning\u2019s news well, below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When do we eat? <\/strong>Maghrib is at 5:59pm today in Riyadh. You\u2019ll have until fajr prayers at 4:52am tomorrow to finish your sohour.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GCC foreign ministers will meet today in Makkah for the Cooperation Council <\/strong><strong>meeting<\/strong>, which is held every three months, according to <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2275728\" style=\"\" rel=\"noopener\">state news agency SPA<\/a>. The meeting will touch on topics including international developments and strategic relations. On the sidelines, joint ministerial meetings will also be held with officials from Egypt, Syria, Morocco, and Jordan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u26a0\ufe0fWEATHER-<\/strong> There\u2019s a chance of medium to heavy thunderstorms across most areas of the Kingdom until Thursday, including Madinah, Makkah, Jeddah, Al Taif, and Riyadh.<\/p>\n<ul>\n<li><strong>Riyadh: <\/strong>28\u00b0C daytime \/ 13\u00b0C overnight<\/li>\n<li><strong>Makkah: <\/strong>31\u00b0C daytime \/ 23\u00b0C overnight<\/li>\n<li><strong>Madinah: <\/strong>28\u00b0C daytime \/ 20\u00b0C overnight<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Business<\/strong><strong>es subject to withholding tax must file their February<\/strong><strong> tax returns by Monday, 10 <\/strong><strong>March <\/strong>via the Saudi Zakat, Tax and Customs Authority\u2019s (Zatca) <a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/en\/pages\/default.aspx\" style=\"\" rel=\"noopener\">website<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/ar\/MediaCenter\/News\/Pages\/news_1356.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. Missing the deadline could result in penalties of 1% of the unpaid tax for every 30 days of delay.<\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- <\/strong><strong>Saudi Aramco is <\/strong><strong>reportedly mulling a bid for BP\u2019s Castrol lubricants business<\/strong>, which could be valued at around USD 10 bn, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-05\/saudi-aramco-said-to-mull-bid-for-bp-s-castrol-lubricant-assets\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources with knowledge of the matter. The play for a full or partial acquisition of the lubricants business could see Aramco to integrate it with its Valvoline unit, acquired for USD 2.65 bn in 2023. Deliberations are in early stages, with other bidders also expressing interest, according to Bloomberg. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a wider Asian push: <\/strong>The potential acquisition would strengthen Aramco\u2019s presence in fast-growing markets like India, the business information service notes. Aramco has been pursuing refining and chemical assets in Asia to expand its downstream operations, focusing on China, India, and Southeast Asia as its big growth markets. Filling stations and lubricant businesses give oil producers greater control over the energy value chain and access to key crude markets. Aramco has been in talks to acquire <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/a736ad2b-3d0a-4860-87b0-e2bccbea3fe8\/more-love-from-aramco-for-chinese-refineries\" style=\"\" rel=\"noopener\">10% stakes in Chinese petrochemical firms<\/a> Hengli, Shandong Yulong, and Jiangsu Shenghong, as well as an undisclosed stake in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/160a6bd1-63c0-45db-9ca7-009f55c85e80\/aramco,-rongsheng%253cmark%253e-petrochemical%253c%2Fmark%253e-look-to-invest-in-each-other%25e2%2580%2599s-refining-units\" style=\"\" rel=\"noopener\">Rongsheng Petrochemical<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- <\/strong><strong>US-ba<\/strong><strong>sed data security solutions company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.seclore.com\" style=\"\" rel=\"noopener\">Seclore<\/a><\/strong><strong> inaugurated its headquarters in Riyadh<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/IND_431465.html\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. The company is partnering with Saudi cybersecurity regulators and local firms, including <a target=\"_blank\" href=\"https:\/\/www.pcssaudi.com\/\" style=\"\" rel=\"noopener\">Saudi Paramount Computer Systems<\/a>, <a target=\"_blank\" href=\"https:\/\/www.nttdata.com\/global\/en\/\" style=\"\" rel=\"noopener\">NTT Data<\/a>, <a target=\"_blank\" href=\"https:\/\/www.cipher.com.sa\/about-us\" style=\"\" rel=\"noopener\">Cipher<\/a>, <a target=\"_blank\" href=\"https:\/\/www.tamkeentec.com\/en\" style=\"\" rel=\"noopener\">Tamkeen Intelligent<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.versos.com\" style=\"\" rel=\"noopener\">Versos<\/a>. It also launched its Secure 2030 initiative to help businesses and government entities protect sensitive data and comply with regulations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The share price of porcelain-maker HKC Ceramics, better known as Hedab Al Khaleej, fell<\/strong><strong> 9.23% on its Nomu debut yesterday<\/strong>, closing at <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/reports-publications\/historical-reports\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz8DTxCnA3MDILdzUJDLAyNXE30I4EKzHEqMDTTD9aP0o8qTs1JTS5JTfFNLMpOLdGP9PP3DXVGlnDNK8ksqdSPtDQzNtQPJ2RmQXZiUlVapSMARut_Lw!!\/#Z7_5A602H80O0HTC060SG6UT81216\" style=\"\" rel=\"noopener\">SAR 47.2 apiece<\/a>, down from the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/e6a994ae-9162-4a46-a76d-4e82ebfa9374\/hkc-ceramics-wraps-up-ipo-ahead-of-listing-on-nomu\" style=\"\" rel=\"noopener\">final IPO price<\/a> of SAR 52 per share. The Buraidah-based company took <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/1d38df11-06c3-49ce-830b-c329b80c8c14\/hkc-ceramics-gears-up-for-an-ipo-on-tadawul%25e2%2580%2599s-parallel-market-nomu\" style=\"\" rel=\"noopener\">a 10.67% stake<\/a> to market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SPORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>A mixed bag for Saudi clubs in the first leg of the AFC Champions League Elite round of<\/strong><strong> 16<\/strong><strong>:<\/strong> Al Ahli will take home a 2-goal cushion after dispatching Qatari side Al Rayyan 3-1 in the first leg of the competition\u2019s round of 16, while Al Nassr were held to a goalless draw at Iran\u2019s Esteghlal. Meanwhile, Al Hilal need to turn around a 1-goal deficit after falling 1-0 to Uzbek side Pakhtakor away from home.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> and  <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a>  industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Trump tariff continues to capture the attention of the foreign press: <\/strong>US President Donald Trump granted a 30-day tariff exemption for vehicles that comply with the United States Mexico Canada Agreement (USMCA), giving companies a brief window to adjust. The move follows a meeting between representatives from Ford, General Motors, and Stellantis and the Trump Administration \u2014 US automakers are scrambling to assess the impact of the tariff. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/what-trump-tariffs-could-mean-americas-beloved-pickup-truck-2025-03-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/business\/2025\/03\/05\/trump-tariffs-canada-mexico-autos\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/trump-tariffs-canada-mexico-china-lutnick-2b269614084027a4894aa14f3dc16227\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-05\/us-weighs-one-month-delay-of-auto-tariffs-on-canada-mexico?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME- <\/strong>Trump escalated threats against Gaza\u2019s population, warning, \u201cto the People of Gaza: A beautiful Future awaits, but not if you hold Hostages. If you do, you are DEAD.\u201d He vowed there would be \u201chell to pay\u201d if Hamas doesn\u2019t release the Israeli hostages held in Gaza. The US President\u2019s remarks came as Adam Boehler \u2014 Trump\u2019s top hostage negotiator \u2014 <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-05\/trump-envoy-meets-with-hamas-on-hostages-in-rare-direct-contact\" style=\"\" rel=\"noopener\">held direct talks with Hamas<\/a> officials in Qatar. The meeting comes as Israel and Hamas discuss extending the now-expired ceasefire. (<a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c0mwln4p87do\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/hamas-israel-trump-ceasefire-bdc21f862b073dd478e0960ebfbf71e3\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/mar\/05\/trump-administration-hamas-israel-gaza-ceasefire\" style=\"\" rel=\"noopener\">The Guardian<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- <\/strong>German borrowing costs saw their biggest spike in nearly three decades following a EUR 500 bn debt agreement to boost military and infrastructure spending. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/1886054a-3ff3-4186-bcf9-8dba9b206a56\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/europe\/german-borrowing-costs-could-surge-2008-levels-debt-brake-shift-goldman-says-2025-03-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Coffee chain operator Ratio Specialty will ring the bell on Nomu next Sunday, 9 March<\/strong>, with its shares set to debut at SAR 10 apiece, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/news-details\/!ut\/p\/z1\/vZLLcoIwFIZfxS66zOQABnBJb6iDVURR2DApBJsWAmoqffxG7aI6XjpdNKvzZ_6Tc_mCYzzHsaAbvqCSV4IWSkexmRDHBL1rw9CdeBr4oeXZoT_RoNfGIY5xXFQpLRiOmNiqOuWZiome54SmiKS2gdoa0RDNtBdktKFjQJ7nWa5v3amQtXzFkaQZbT6KhIlbWFP0LXdxveIpW1ORcZExFe0uBWv2QUlX70zuZSp_SNQq-FpysWgBQWAgHXSCZ4cD2QPXBP_Z8Ye6RcANAceX5z3Kh2BEwH8aDQwPxuCC-bt8OHOcq_UDteNIvWGdNTmqyIazBk9FtSoVw2C75tn9IPGnj2OV-2daXcD9a_2pD8PflsvYUWQrIdmnxPN_Qxsfdjd0OpaC079ze55j2KZ1bDhB_9BwAu_OcIFfXZa2UaLpdN40k26ZPHh50OPOzRe31cdB\/dz\/d5\/L2dBISEvZ0FBIS9nQSEh\/?locale=en\" style=\"\" rel=\"noopener\">Tadawul statement<\/a>. The company\u2019s shares will be allowed to fluctuate within a 30% band on the first three days of trading, after which price fluctuations will be capped at 10% as circuit breakers take effect. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Ratio is taking a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/483f7980-b863-4a22-b095-de84c7540e62\/ratio-issues-prospectus-for-25%2525-nomu-ipo\" style=\"\" rel=\"noopener\">25% stake<\/a> or 5 mn shares, to market in a secondary offering limited to qualified institutional investors, with proceeds from the sale earmarked to the selling shareholders, after deducting some SAR 2.6 mn to cover IPO-related expenses. The secondary offering was 8.6x oversubscribed. The final price implies a market cap of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/9475b376-c9e1-4a16-8ccc-517cdac076eb\/coffee-chain-operator%253cmark%253e-ratio-%253c%2Fmark%253ewraps-nomu-ipo\" style=\"\" rel=\"noopener\">SAR 200 mn<\/a> at listing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Arabian D<\/strong><strong>rilling is set to release its 2024 financial results next Wednesday, 12 <\/strong><strong>March<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=85607&anCat=1&cs=2381&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The earnings call will take place the following day at 3:30pm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, wonderful people. We\u2019re rounding out the first workweek of Ramadan with a meaty issue that brings us news from capital markets, the world of debt, and sports. IN TODAY\u2019S ISSUE- Entaj Foods saw the retail tranche of its upcoming Tadawul IPO close 30.2x oversubscribed, reeling in SAR 1.4 bn in orders. Meanwhile, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":95016,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[139,10,8,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-aramco","tag-enterpriseam-ksa","tag-sports","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"b597f3f5-753e-49ce-98af-4d0658380d4c","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/1\/2784.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Aramco considers bidding for Castrol lubricants business","related_issue":[95013],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.afc62fca-f72e-4b6f-b217-a7d37c6c1e48.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Aramco considers bidding for Castrol lubricants business - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/06\/aramco-considers-bidding-for-castrol-lubricants-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aramco considers bidding for Castrol lubricants business\" \/>\n<meta property=\"og:description\" content=\"Good morning, wonderful people. We\u2019re rounding out the first workweek of Ramadan with a meaty issue that brings us news from capital markets, the world of debt, and sports. IN TODAY\u2019S ISSUE- Entaj Foods saw the retail tranche of its upcoming Tadawul IPO close 30.2x oversubscribed, reeling in SAR 1.4 bn in orders. 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