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Courtney Freer

Courtney Freer latest

Aramco is the world's most profitable energy company. With a net income of $33.8 billion in the first half of 2017 before taxes, a considerable amount of the income goes to the government budget, which could change. (AFP)
August 28th, 2018 - 09:34 GMT

With an Indefinite Halt on Its IPO, What's Next for Saudi Aramco?

One explanation for canceling or delaying the IPO is that the capital injection it was expected to generate is less urgent due to a partial recovery of oil prices that now stand above $70 per barrel.
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Offices of Saudi Aramco (AFP)
August 27th, 2018 - 11:35 GMT

As Aramco IPO is Cancelled, Saudi Arabia's Rhetoric Meets Reality

Saudi King Salman and Jordan's King Abdullah (r) attend Mecca Summit, June 11, 2018. (AFP/ Photo Yousef Allan
June 21st, 2018 - 10:36 GMT

Strings Attached? Experts Probe Jordan's $2.5 Billion Saudi Aid Package

Limousines parked outside a government tourism office in Nusa Dua ahead of King Salman's visit to Bali. The Saudi State has a long history of trade with Germany.
May 30th, 2018 - 01:02 GMT

Why is Saudi Arabia Restricting German Business in the Kingdom?

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