02 Apr 2016
(MENAFN) Saudi Arabia aims to sell a share of less than 5 percent in its state owned oil company.
Moreover, the kingdom is working on a plan to offer shares in all of Saudi Arabian Oil Co. rather than of its refining payments.
The firm will be offered to the public as well as a number of its subsidiaries and will give investors a share in the world’s oil fields.
Aramco controls almost 10 times the oil reserves held by Exxon Mobil and based on a conservative valuation of USD 10 a barrel.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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