BREAKING NEWS | Saudi Arabia Announces IPO Of World’s Most Profitable Company

RIYADH/SAUDI ARABIA – Saudi Arabia is moving forward with an initial public offering of its huge state oil producer that could shatter records and give investors the chance to own a piece of the world’s most profitable company. Following approval from the country’s regulators, Saudi Aramco on Sunday formally announced its intention to float shares … Continue reading BREAKING NEWS | Saudi Arabia Announces IPO Of World’s Most Profitable Company

BREAKING NEWS | Saudi Aramco Announces Intention To Offer IPOs On Domestic Stock Market

RIYADH/SAUDI ARABIA, November 3, 2019 - - Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi of Arabia, on Sunday announced its intention to proceed with an initial public offering (IPO) on Riyadh’s Tadwul Stock Exchange. The Government intends to sell a portion of … Continue reading BREAKING NEWS | Saudi Aramco Announces Intention To Offer IPOs On Domestic Stock Market

BREAKING NEWS | Saudi Crown Prince Approves Announcement Of Aramco IPO On Sunday – Sources

RIYADH/SAUDI ARABIA – Saudi Arabia’s Crown Prince Mohammed Bin Salman on Friday agreed that the initial public offering of state oil giant Aramco will be announced on Sunday, five sources familiar with the matter told Reuters. The world’s top oil company will announce its intention to float (ITF) on November 3, the sources added. “The … Continue reading BREAKING NEWS | Saudi Crown Prince Approves Announcement Of Aramco IPO On Sunday – Sources

BREAKING NEWS | Saudi Aramco Aims To Begin Planned IPO On November 3: Sources

RIYADH – Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov.3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers time to secure cornerstone investors. The people also said Aramco’s chief executive officer, Amin Nasser, was not present … Continue reading BREAKING NEWS | Saudi Aramco Aims To Begin Planned IPO On November 3: Sources