UK-listed Gulf Keystone Petroleum has signed a merger deal with Bermuda-based ShaMaran Petroleum to create one of the leading private oil producers in Iraq’s Kurdistan region. The all-share deal is valued at $601 million, the company said in a statement.
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Saudi Aramco is to take a 49 percent stake in Humain as it pledges billions of dollars to accelerate the AI company’s global expansion. Humain, backed by the Public Investment Fund, was launched ahead of US president Donald Trump’s visit to Riyadh in May…
Saudi Aramco has completed its acquisition of a 49 percent stake in artificial intelligence company Humain, formalising an agreement first announced in October 2025, in a transaction involving approximately SR9.9 billion ($2.6 billion) in cash contributions…
Saudi Arabia’s Public Investment Fund and Aramco announced on Sunday the closing of a transaction in which Aramco, through a wholly owned subsidiary, acquires a 49% stake in HUMAIN, with PIF retaining 51% ownership.
Saudi Arabia’s markets regulator has proposed giving shareholders more power over listed companies, from demanding in-person assemblies to pushing loss-making firms to publish recovery plans.
