Business

Saudi Arabia to sign $30bln worth of energy deals with US, says Aramco CEO

Saudi Arabia will sign energy sector agreements with the U.S. worth $30 billion, the CEO of Saudi state oil giant Aramco, Amin Nasser, said.

Saudi Arabia will sign energy sector agreements with the U.S. worth $30 billion, the CEO of Saudi state oil giant Aramco, Amin Nasser, said on Wednesday in comments carried by Saudi state TV.

His comments came during the U.S.-Saudi investment forum, being held in Washington.

© ZAWYA

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

The future is under the glass

Digital design increasingly confers a competitive edge in global tech markets. This column examines how…

9 hours ago

Generative AI in German firms: Diffusion, costs, and expected economic effects

The novelty and speed of diffusion of generative AI means that evidence on its impact…

9 hours ago

Immigration restrictions and natives’ intergenerational mobility: Evidence from the 1920s US quota acts

Much of the debate over the consequences of immigration restrictions for labour market outcomes of…

9 hours ago

Why inflation may respond faster to big shocks: The rise of state-dependent pricing

Macroeconomic models distinguish time-dependent pricing, where firms change prices at fixed intervals, from state-dependent pricing,…

9 hours ago

Showing up in the Alps: The economic value of Davos

Attending the World Economic Forum in Davos is costly, with estimates ranging between $20,000 and…

9 hours ago

Productivity, firm size, and why distortions hurt developing economies

In many developing countries, productive firms remain too small, while less productive firms are too…

9 hours ago