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As Airbnb shares are expected to make their debut on Thursday, Amnesty International is calling on the US-based company to withdraw accommodation listings in illegal settlements.

Comment: UAE had already sold out the Palestinians, now it's taking the credit for 'stopping annexation' - a process that is happening anyway, writes Muhammad Shehada.

Saudi Aramco profits dive 73% following oil price slump

The New Arab Staff & Agencies

Saudi Aramco profits dive 73% following oil price slump

Saudi Arabia's national oil company has announced a huge quarterly loss in profits, due to low oil prices and reduced demand

Saudi Aramco posts 25 percent slump in profits

The New Arab & agencies

Saudi Aramco posts 25 percent slump in profits

The world's largest listed firm posted a net profit of 62.5 billion riyals ($16.66 billion) in the three months to March, compared to $22.2 ...

The Middle East at war with coronavirus

The New Arab

The Middle East at war with coronavirus

In today's roundup: Iran re-opening mosques, free flights for healthcare workers, Gulf states reaching out to Israel, a new lockdown for Lebanon ...

The New Arab

Coronavirus pandemic halts work on Saudi futuristic city NEOM

Saudi Arabia had big plans for its flagship megaproject NEOM, but the science fiction-like idea has drifted further from reality amid the coronavirus crisis.

The New Arab & agencies

Saudi Aramco profits slide 20.6% in 2019

Saudi Aramco has given its first earnings announcement as a listed company.

The New Arab & agencies

Saudi Aramco shares collapse below listing price, halting trade

Saudi Aramco shares recovered slightly on Tuesday after diving 10 percent a day earlier.

The New Arab & agencies

Netanyahu vows to press forth even after election shortfall

Prime Minister Benjamin Netanyahu said Arab-led parties were hostile to Israel at an 'emergency conference' following the country's third ...

Gulf shares slump after OPEC disagrees on virus response

The New Arab & agencies

Gulf shares slump after OPEC disagrees on virus response

Stock markets across the Gulf suffered sharp drops in early trading Sunday amid a failure by OPEC and allied nations to cut production.

Rauf Mammadov

Assessing Saudi Aramco leaders' statements at Davos

Riyadh put its best face forward at the 2020 World Economic Forum as it basked in the glow of 2019's public offering of shares ...

Aramco shares plunge as US-Iran tensions spike

The New Arab & agencies

Aramco shares plunge as US-Iran tensions spike

An escalation in tensions between Iran and the United States after the killing of Qassim Soleimani has caused a plunge in Aramco shares.

Saudi Aramco IPO fails to attract Western investors

Sabena Siddiqui

Saudi Aramco IPO fails to attract Western investors

The sale of the largest oil company in the world did not create waves, and globally it got a very lacklustre reception, much to Riyadh's ...

Saudi Aramco highest valued listed company in the world

The New Arab

Saudi Aramco highest valued listed company in the world

Saudi Aramco becomes highest valued listed company in the world as businesses told it’s their ‘duty’ to invest

Saudi Aramco pursuing war, terror insurance after attacks

The New Arab

Saudi Aramco pursuing war, terror insurance after attacks

Attacks on two of the Saudi state oil giant's facilities in September temporarily knocked out 5 percent of the world's crude oil supply.

The New Arab

Oman state oil giant follows Aramco lead with IPO

Oman Oil will be the latest Gulf energy giant to sell shares to the public.

The New Arab & agencies

Saudi Aramco IPO sale more than twice oversubscribed

Saudi Aramco's IPO has so far been twice oversubscribed but the current bids pale in comparison to Saudi Arabia's other blockbuster listings

The New Arab & agencies

MbS visits UAE amid push to end Yemen war

Saudi Crown Prince Mohammad bin Salman visited the United Arab Emirates amid hopes that a peace deal can be brokered in Yemen.

The New Arab

WeWork founder: Me, MbS and Kushner will save world

The ousted director of the failing WeWork empire allegedly helped Jared Kushner on his Middle East peace initiative and wanted to mentor ...

Saudi Arabia sidelines international banks in Aramco IPO

The New Arab & agencies

Saudi Arabia sidelines international banks in Aramco IPO

A number of top international banks' roles in the flotation of Saudi Aramco have been downgraded, reflecting Riyadh's scaling back its IPO ...

The New Arab & agencies

Aramco deploying Saudi-made drones to protect facilities

State-owned oil giant Saudi Aramco will use advanced war drones made in the kingdom to protect its facilities.

Saudi Aramco to meet investors in UAE

The New Arab & agencies

Saudi Aramco to meet investors in UAE

Saudi Arabia's state oil giant Saudi Aramco has arranged to meet with investors in Abu Dhabi and Dubai to shore up support for its ...

The challenges and implications for Saudi Aramco's IPO

Rauf Mammadov

The challenges and implications for Saudi Aramco's IPO

Saudi Aramco has finally set an initial public offering date in December while the country's Capital Market Authority ...

Saudi Aramco misses crown prince's target valuation for IPO

The New Arab & agencies

Saudi Aramco misses crown prince's target valuation for IPO

Both the valuation and stake offered in Saudi Aramco fall short of expectations.

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