China and Saudi Arabia signed a number of agreements, including on energy and investments, after their leaders met in Riyadh on Thursday at a summit that showcased deep and growing ties beyond oil.
Boris Johnson appeared to win no oil commitments from Saudi Arabia as he defended himself from allegations of going from "dictator to dictator" to find new fuel sources after the Russian invasion of Ukraine.
Qatarโs ruler landed in Saudi Arabia on Tuesday to a warm embrace from host Crown Prince Mohammed bin Salman, hours after their nations re-established travel ties and eased a longstanding regional dispute.
Saudi Arabia is pushing ahead with the much-watched IPO of the mainstay of its economy, Aramco, although with somewhat diminished aspirations.
Itโs been at least three years in the making, but itโs just dawned on investors what a share sale by Saudi Aramco would do to the Arab worldโs biggest stock exchange.
One of the biggest-ever mergers in the oil industry. The largest corporate bond sale on record. The most lucrative initial public offering in "human history." The timetable: two and a half years.
After Mohammed bin Salmanโs appointment as crown prince, energy markets need to brace for an even more assertive Saudi Arabian foreign policy that could threaten regional stability in the heart of the global oil industry.
Mohammed bin Salmanโs appointment as Saudi Arabiaโs crown prince will not derail plans for listing the Kingdomโs oil and gas producer, an analyst has said.
Saudi Arabiaโs King Salman has appointed his 31-year-old son Mohammed bin Salman as crown prince, removing the countryโs counter-terrorism chief from the royal line of succession.
Saudi Arabiaโs Cabinet has approved a plan laying out economic reform priorities for the next 15 years which are aimed at moving the kingdom away from its reliance on fossil fuels.