Displaying 10 out of 483 results

  1. The Citigroup Inc logo is seen at the SIBOS banking and financial conference in Toronto

    Saudi wealth fund boosts US holdings with stakes in Citi, Boeing, Facebook

    Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major U.S. companies including Boeing , ...
  2. FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration

    OPEC slashes oil demand forecast but sees cuts helping restore balance

    OPEC on Wednesday again slashed its forecast for global oil demand this year as the coronavirus outbreak causes a global recession, although it ...
  3. FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refiner

    Saudi Aramco profit falls 25per cent but dividend in line with planned payout for year

    Saudi Arabian state oil giant Aramco on Tuesday reported a 25per cent fall in first-quarter net profit, missing analyst estimates, but its ...
  4. Saudi is raising VAT from 5 percent to 15 percent as the kingdom seeks to generate revenue due to

    Saudi Arabia triples VAT, halts government handouts in austerity drive

    Saudi Arabia's finance minister on Monday said the kingdom will triple its Value Added Tax (VAT) and halt monthly handout payments to citizens in ...