Saudi Aramco confirms Nasser as new president
A general view shows the Saudi Aramco oil
Riyadh - AFP
A veteran executive with oil giant Saudi Aramco, Amin Nasser, has been confirmed as the company's president, the Dhahran-based firm said Thursday.
Nasser had been interim president and CEO since May when his predecessor, Khalid al-Falih, became health minister.
Falih continues as chairman.
Nasser's appointment came Wednesday at the first meeting of the Saudi Aramco Supreme Council since the company was spun off from the oil ministry in May.
Nasser, who has spent more than 30 years with the firm, is a member of the board of directors and served as senior vice president of upstream operations since 2008.
His confirmation comes as Saudi Arabia -- the world's largest oil exporter -- confronts an unprecedented budget crunch after crude prices dropped by more than half in a year to below $50 a barrel.
After the company was separated from the ministry, oversight was given to the new Supreme Council, chaired by Deputy Crown Prince Mohammed bin Salman, a son of the king.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:09 2024 Tuesday ,06 February
The Saudi-led Arab Coalition Forces have targeted a meeting of Houthi commanders in Beit Al Faqih, Hodeidah, killing scores of the
GMT 11:03 2018 Tuesday ,23 January
No end to eyesores at Taj Mahal
GMT 10:18 2018 Thursday ,30 August
Iran incapable of closing Hormuz, Bab Al Mandeb
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 15:45 2017 Monday ,18 December
Parents in UAE feel the heatGMT 18:28 2011 Sunday ,27 November
Hamaki celebrates marriage with family
GMT 18:42 2017 Thursday ,05 October
Shaik Nasser attends luncheonGMT 16:42 2011 Sunday ,24 April
Manchester United, Chelsea enjoy home wins
GMT 12:33 2017 Tuesday ,14 February
Yemeni accuses militias of challenging oil
GMT 14:52 2017 Wednesday ,04 January
China's Tianjin targets more Serie A stars
GMT 02:48 2015 Tuesday ,28 July
Britain's Cameron warns of dirty money in London property
GMT 02:34 2017 Wednesday ,18 October
US-backed force announces 'final phase' of Raqa battle
GMT 10:45 2016 Monday ,21 November
Chelsea's Conte lavishes praise on ruthless Costa
GMT 08:31 2014 Sunday ,21 December
A show of culture, heritage
GMT 14:44 2017 Friday ,10 November
HH the Emir Visits Emiri Guard Buildings at Barzan Camp
GMT 13:33 2017 Monday ,06 March
Emirati student builds drones
GMT 07:57 2017 Friday ,19 May
Actress Haifa Wahby says rumors aim “Herbaya” success
GMT 02:23 2015 Sunday ,19 July
Olivia Munn credits hypnotist, Rodgers with fitness inspiration
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor