OPEC's de facto leader probably would not mind oil prices rising to $75 per barrel and beyond.
The kingdom works towards executing mega water projects as its plans to foster infrastructure continues
Saudi Aramco arranged a call-in webcast as part of the move toward greater transparency and interaction with the wider financial world
Reliance Industries Limited's net debt may be reduced by $16bln
Reliance will buy about 500,000 barrels of crude oil a day from Saudi Aramco to be refined at RIL’s giant refinery
The unique water cooling system introduced by Mutawwify Hujjaj South Asia and Jsour Al Garbia Trading
The East-West Pipeline, also known as the Petroline, is a 1200 kilometres long pipeline that runs from the Abqaiq oil field in the Eastern Province to the Red Sea
"We will announce (the IPO) depending on their (the government's) perception on what would be the optimum market condition," Khalid al-Dabbagh, senior vice president of finance, strategy and development, told an earnings call.
Tech push and the planned stake sale comes as Reliance looks to bolster its consumer businesses
The deal valued the business at $75bln including debt