Proceeds from Aramco’s IPO to finance industries in Saudi Arabia

  • Date: 22-Jan-2020
  • Source: Mubasher
  • Sector:Economy
  • Country:Saudi Arabia
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Proceeds from Aramco’s IPO to finance industries in Saudi Arabia

Saudi finance minister Mohammed al-Jadaan. Mubasher: Saudi Arabia will use the proceeds from Saudi Aramco's initial public offering (IPO) to support the local economy over several years, finance minister Mohammed al-Jadaan told Reuters on Tuesday..