Tag: Aramco

Aramco achieves 70% local content target through iktva program

RIYADH: Saudi Aramco said its supply chain localization program has reached a target of 70 percent local content, underscoring the company’s push to deepen domestic...

Aramco posts $28bn profit in Q3 as major projects advance  

RIYADH: Saudi Aramco reported third-quarter 2025 adjusted net income of $28 billion, up slightly from $27.7 billion a year earlier, as strong operating momentum...

Aramco raises $3bn via dual-tranche sukuk 

JEDDAH: Saudi energy giant Aramco has raised $3 billion through a dual-tranche sukuk issuance, highlighting strong global investor confidence and reinforcing the Kingdom’s standing...

Aramco posts $22.67bn Q2 profit amid market volatility 

RIYADH: Saudi Aramco reported a net profit of SR85 billion ($22.67 billion) for the second quarter of 2025, underscoring its operational strength and financial...

Saudi Arabia’s top 10 listed firms hit $2.1tn valuation, led by Aramco

Tadawul recognized as world’s fastest-growing stock market in 2024 Kingdom’s leading banks continued to post strong performance RIYADH: Saudi Arabia’s top 10 publicly listed companies reached...

World Economic Forum adds Aramco facility to its Global Lighthouse Network

The network recognizes industrial sites that use advanced technologies to boost performance, operations and sustainability North Ghawar Oil Producing Complex is the 5th Aramco facility...

Saudi Aramco slashes December oil prices for Asian buyers

RIYADH: Saudi Aramco has reduced its December pricing for Arab Light crude oil for Asian buyers, according to the latest price list released by...

Aramco, Taulia, SIDF join forces for key supply chain financing solution

Aramco, a global leader in integrated energy and chemicals companies based in Saudi Arabia, and Taulia, a SAP company and leading FinTech provider of...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...