Tag: Saudi Crown Prince
UN Sees Role by Saudi Crown Prince in Amazon CEO Phone Hack, Bezos Calls...
(Bloomberg) --United Nations experts said the Saudi Crown Prince Mohammed bin Salman was possibly involved in hacking the cellphone of Amazon.com Inc. Chief Executive...
$130 Steaks Prompt Some Saudis to Debate Costs of Prince’s Plans
(Bloomberg) --As couples on their way to a lavish dinner strolled past palm trees hung with chandeliers in a historic quarter of Riyadh, the...
Saudi Arabia Ends Gender Segregation in Restaurant Entrances
In a landmark decision, Saudi Arabia ended their decades-old practice of gender segregation in restaurant entrances. Restaurants are no longer required to maintain separate entrances...
Saudi Aramco Raises $25.6 Billion in World’s Biggest IPO
(Bloomberg) --Saudi Aramco raised $25.6 billion from the world’s biggest initial public offering, closing a deal that became synonymous with the kingdom’s controversial crown...
The Prince Got His World-Beating IPO. Now Hard Work Begins
(Bloomberg) --Saudi Aramco’s world-beating initial public offering is a watershed moment for a business that’s bankrolled the kingdom and its rulers for decades. The...
Aramco valuation falls short of Crown Prince’s $2 trillion target
(Bloomberg) --Saudi Arabia put a valuation on state-owned oil giant Aramco of between $1.6 trillion and $1.71 trillion, well below the $2 trillion target...
Saudi Crown Prince gives green light for Aramco IPO
(Bloomberg) --Saudi Crown Prince Mohammed bin Salman finally gave the go-ahead for the initial public offering of Aramco, deciding there’s enough support from local...
Aramco IPO to come at ‘right time’ and when crown prince decides
(Bloomberg) --Crown Prince Mohammed bin Salman will determine the timing of oil giant Saudi Aramco’s long-anticipated share sale, according to the kingdom’s energy minister.
The...
World’s Biggest IPO Tests Saudis’ Faith in Their Crown Prince
(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company...
Saudi Arabia Creates New Ministry, Shrinking Falih’s Portfolio
(Bloomberg) -- Saudi Arabia created a new ministry for industry and mineral resources that’s separate from the current energy ministry, reducing the remit of...