Saudi Aramco’s IPO coming soon: energy minister
The initial public offering of Saudi Aramco — the company that is preparing to sell up to a 5% stake — will happen soon, the country’s energy minister said on Wednesday.
The Aramco IPO is “going to …
Post Tagged with: "kingdom"
Saudis to Limit Oil Exports in September to Stabilize Market
Saudi Arabia plans to keep oil exports below 7 million barrels a day next month as OPEC’s biggest producer allocates less crude than customers demand in a bid to stabilize the market, according to the kingdom’s …
Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources
From Reuters
Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking …
