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Aramco IPO

Aramco IPO latest

Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale
May 30th, 2024 - 09:22 GMT

Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale

ALBAWABA - The Saudi Arabian government has filed paperwork for selling a new portion of the national oil company Aramco, as reported by Reuters, potentially to generate up to $13.1 billion, with 1.545 billion offered shares valued at $12 billion in the oil giant’s second listing. Aramco CEO Amin Nasser told reporters during a conference call after the news, saying “The offering provides us with an opportunity to broaden the ...
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Putin (L) Mohammad ben Salman (AFP File Photo)
September 18th, 2019 - 11:41 GMT

Aramco Attacks Can Create a New Saudi-Russian Alliance

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