Saudi Aramco formally starts IPO build-up

Saudi Aramco formally starts IPO build-up

article author: Arab NewsSun, 2019-11-03 08:21

DUBAI: Top Saudi Aramco officials on Sunday have announced that the company has received approval to publicly list shares at the Kingdom's stock exchange, the Saudi Tadawul.

"Saudi Aramco has received the confirmation from Saudi Tadawul to list ... it will start the official IPO (process),“ Yasir Othman Al-Rumayyan, Chairman of Saudi Aramco and Governor of the Public Investment Fund, said during a press conference in Dhahran.Main category: Business & EconomyTags: Saudi ArabiaOilMarketsequitiesSaudi Aramco

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