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Marwa Rashad

RPT-EXCLUSIVE-Saudi Aramco valuation gap persists as IPO talks resume–sources

08 Aug 2019

* Crown Prince has stuck to $2 trillion value for Aramco - sources

Exclusive: Saudi Aramco valuation gap persists as IPO talks resume - sources

07 Aug 2019

LONDON/RIYADH/DUBAI Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion (£1.65 trillion) valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking sources said.

Saudi Arabia women's rights reforms may still be thwarted by custom

05 Aug 2019

RIYADH Saudi officials have hailed as "historic" new rights granted to women in Saudi Arabia that further dismantle its heavily criticised guardianship system, but male relatives could still find ways to thwart these freedoms.

Saudi Arabia lifts travel restrictions on women, grants them greater control

02 Aug 2019

RIYADH Saudi Arabia has allowed adult women to travel without permission and granted them more control over family matters, further eroding a heavily criticised male guardianship system at a time of heightened scrutiny over its human rights record. | Video

Saudi Sulaiman Al-Habib Medical in IPO talks with banks: sources

30 Jul 2019

DUBAI/RIYADH Saudi Arabia's Sulaiman Al Habib Medical Group, one of the biggest hospital operators in the Middle East, is talking to banks about a potential listing in Riyadh that could value the company at $2.5 billion, three sources familiar with the matter said.

SABIC still keen on Clariant joint venture once conditions improve

28 Jul 2019

RIYADH Saudi Basic Industries Corp (SABIC) , the world's fourth-biggest petrochemicals firm, said on Sunday it has no interest in taking over Swiss chemicals firm Clariant but remains keen on a partnership once market conditions improve.

Saudi Arabia relaxes ownership limits for foreign investors

26 Jun 2019

RIYADH Saudi Arabia has relaxed a 49% limit for foreign strategic investors in shares of listed companies, aiming to attract billions of dollars of foreign funds as the Kingdom opens up the region's largest bourse to a more diverse investor base.

Toyota snub dents Saudi Arabia's manufacturing drive

19 Jun 2019

RIYADH Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman's grand plan to wean the kingdom off oil revenues and create jobs for young Saudis.

Shrapnel, fire in Saudi airport passenger hall after missile strike

13 Jun 2019

ABHA, Saudi Arabia As Nadia Assiri waited inside a regional Saudi Arabian airport for her sister to arrive from the capital Riyadh, an explosion threw her to the floor and ignited a fire.

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