Saudis could get $21 billion non-oil boost in 2018, BofA Says
Saudi Arabia’s non-oil revenue could surge by about 80 billion riyals ($21.3 billion) next year, according to Bank of America Merrill
Efficiency eludes $10trn global construction industry on dwindling investment, failure to consolidate
Global construction industry is adjudged to be holding the dubious honour of having the lowest productivity gains of any industry,
Saudi Arabia shrinks Q2 budget deficit as revenue rises 6%
Saudi Arabia’s state budget deficit shrank by a fifth from a year earlier in the second quarter of this year as revenues rose
New York gets Saudi Arabia edge in Aramco’s listing ahead London
Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers
Saudi Arabia cuts September oil sales to prized Asia market
Saudi Arabia is said to have cut crude sales for next month to some buyers in the world’s biggest oil market, limiting sales to prized
Saudi’s Prince Alwaleed to invest $800 million in Egypt
Saudi Arabia’s billionaire, Prince Alwaleed bin Talal, will invest about 800 million dollars to expand the Four-Seasons-resort in
Goldman Sachs buys into Aramco $10 billion loan as it seeks IPO role, sources say
Goldman Sachs has bought a slice of Saudi Aramco’s $10 billion credit facility as it seeks a role in the historic listing of the
OPEC hopeful of near term rebalance, stability in oil market, prices
The organisation of Petroleum Exporting Countries (OPEC) is optimistic of near stability in the oil market. Mohammad Sanusi Barkindo,
OPEC, non-OPEC nations set to meet on compliance with oil cut decisions
Representatives of some OPEC and non-OPEC nations will meet in Abu Dhabi on Aug. 7-8 to discuss why some of them are falling behind in
Oil falls after report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the group’s pledge to