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Tag: saudi
Saudi Telecom extends Vodafone Egypt stake purchase until September
2020-07-13 09:26:00| Telecompaper Headlines
(Telecompaper) Saudi Telecom Company (STC) said it would need another two months to complete the purchase of Vodafone Group's 55 percent stake in Vodafone Egypt. STC said in a bourse statement that logistics challenges caused by the Covid-19 pandemic meant both parties need more time to complete the required procedures, including due diligence. Any material development with respect to the transaction would be announced to the bourse in due course.
Tags: september
purchase
egypt
telecom
Chinas Saudi Oil Imports Surge in May to All-time High
2020-06-26 22:30:00| OGI
In May, Chinese refineries received their first crude cargo from the U.S. since November, of around 550,000 tonnes, the customs data released late on June 25 showed.
Saudi Aramco Completes $69 Billion SABIC Deal
2020-06-17 15:10:00| OGI
Saudi Aramco has completed its purchase of a 70% stake in petrochemicals company SABIC for $69.1 billion and extended the payment period by three years to 2028, providing a cushion against weak oil prices.
Tags: deal
billion
saudi
completes
Newcastle takeover could be complicated by WTO ruling on Saudi Arabia
2020-06-16 19:44:26| BBC News | Business | UK Edition
Newcastle United's Saudi Arabian-led takeover could be complicated by a ruling that the country helped breach international piracy laws.
Tags: on
arabia
saudi
complicated
J.P. Morgan: Saudi Oil Market Share Set to Hit Highest Since 1980s
2020-06-12 16:18:35| OGI
Bank forecasts a permanent global demand loss of 3 MMbbl/d.
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