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  1. Aramco Releases Dividend Details In IPO Push

    ...w, it also significantly caps funds available for a potential dividend windfall during periods of high oil prices. Aramco also pays the government corporation tax at a rate of 50%. This was brought down from 85% in 2017.  Senior government officials have flagged up the speed with which Aramco ha...

    Volume: 62
    Issue: 40
    Published at Fri, 04 Oct 2019

  2. Saudi Solar Plans: Crashing Like Icarus?

    ...y). This in turn marked a scaling back of government atomic and renewables agency Kacare’s 2013 plan for 54GW of renewables capacity by 2030. The megaplan was also in stark contrast to Saudi renewables progress to date: total renewables capacity amounted to 92MW as of the end of 2017, according to Ab...

    Volume: 61
    Issue: 40
    Published at Fri, 05 Oct 2018

  3. Saudi King Salman’s Historic Russian Visit: Will It See Trade Leap?

    ...OM A LOW BASE Russia’s Industry Minister, Denis Manturov, said on 4 October that bilateral trade in the first half of 2017 had increased 30% year-on-year. However, certainly before this year, bilateral trade had been falling: 2016’s $7.4bn was well down on the previous year’s $12.4bn. The key ex...

    Volume: 60
    Issue: 40
    Published at Fri, 06 Oct 2017

  4. Shell Restarts LNG Exports From Gas-Strapped & Cash-Strapped Egypt

    ...port tender is to be launched before the end of the year, with the bulk to be delivered in 2017 and 2018. Cairo’s desire for relaxed payment terms has meant that most of its import cargoes have come from traders at a premium to prevailing market rates for mid-to-long term deals from suppliers. Eg...

    Volume: 59
    Issue: 40
    Published at Fri, 07 Oct 2016

  5. East Asian Firms Come Of Age In Middle East With Iraq Investment Drive

    ...t Malaysia’s Petronas too is significant, leading the 230,000 b/d Garraf project and with stakes also in Halfaya and Majnoon. While Iraq is unlikely to want to reach its overly-ambitious 2017 plateau target of 7.28mn b/d, East Asian firms can realistically be looking at participation in 2.73mn b/d of...

    Volume: 55
    Issue: 40
    Published at Fri, 28 Sep 2012