Dubai contractor Drake & Scull International (DSI) expects to hear from Saudi Aramco about settling nearly half of outstanding payments owed for its work on Riyadh's King Abdullah Petroleum Studies and Research Centre, Invest-Gate reports.

Saudi Arabia’s national petroleum and natural gas company Saudi Aramco launched on March 20 a center for contractors and suppliers to facilitate the registration process and help contractors reach the company, Invest-Gate reports.

Saudi Arabia’s national petroleum and natural gas company Saudi Aramco is preparing itself for its initial public offering (IPO) in 2H of 2017, Invest-Gate reports.