Saudi energy giant Aramco is ready for a two-stage IPO but the timing is up to the government, its chief executive said Tuesday, flagging a possible foreign listing as part of the offering. Aramco is "ready" for the giant initial public offering (IPO) but the timing is a "government...

 Saudi Arabia wants to have uranium production and enrichment in future for its planned nuclear power programme that will begin with two atomic reactors, the kingdom's new energy minister said Monday. "We are proceeding with it cautiously ... we are experimenting with two nuclear...

Kuwait’s ruling emir has been admitted to hospital in the United States for medical tests and has postponed a meeting with U.S. President Donald Trump planned for this week in Washington, state news agency KUNA said on Sunday. Sheikh Sabah al-Ahmad al-Sabah, 90, who had been due to meet...

Saudi Arabia said on Sunday it had begun accepting license applications for firms in the military industrial sector, a major target under plans to diversify the kingdom’s economy away from oil exports. The General Authority for Military Industries (GAMI) will license companies to...