An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019.Saudi Arabia has officially launched its initial public offering for its state-owned oil company Saudi Aramco on Sunday, announcing that a domestic listing will happen in December.
Amin Nasser, president and chief executive of Saudi Aramco, said in a statement that the company's vision "is to be the world's pre-eminent integrated energy and chemicals company." Previous reports suggest the kingdom will list 1%-2% of Aramco on its local stock exchange, and then on an international exchange at a later date for a total public sale of roughly 5% of the company.
KHerriage Exclusive: Alibaba to resume HongKong listing plans as soon as November - sources
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saudi Crown Prince approves kick-off of Aramco IPO on Sunday: sourcesSaudi Arabia's Crown Prince Mohammed bin Salman on Friday agreed that the i... Why does it look like an N64 cart? 🎙| Audio by the Official Spokesman of the |~Islamic~State~| The Muhajir Shaykh Abu Hamza al-Qurashi (May Allah Preserve Him) ▪️' And He who Fulfills that which He has Promised Allah - He will Give Him a Great Reward ” .. ShanًeDawsonXJeffreًeStar | No thanks.
Source: Reuters - 🏆 2. / 97 Read more »
Saudi Crown Prince approves announcement of Aramco IPO on Sunday - sourcesSaudi Arabia's Crown Prince Mohammed bin Salman on Friday agreed that the i... Green👁️bys canlarımmmmm Hopefully they don’t experience the same fate as other recent IPOs.... hard to continue bombing Yemen when your only source of rev is declining every year Looks like they put a target on that tank for the Iranians. LOL!
Source: Reuters - 🏆 2. / 97 Read more »
Saudi Aramco Launches Long-Awaited IPOSaudi Aramco’s shares are set to begin trading on the Saudi stock market in early December, the company said, as it officially unveiled the world’s largest, and much delayed, initial public offering. Complicit in the murder of Kashoggi. AND WHAT DID THEY GIVE DONALD TRUMP FOR SELLING OUT AMERICA AND SENDING OUR SOLDIERS THERE TO PROTECT THEM. DuppyTech Get on it 😉
Source: WSJ - 🏆 98. / 63 Read more »
Saudi Arabia formally starts IPO of state-run oil firmSaudi Arabia formally starts its long-anticipated initial public offering of its state-run oil giant Saudi Aramco, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. Slivers going to lots of ppl.. Do not invest they could get droned at any moment. Is this why our troops were sent there?
Source: AP - 🏆 728. / 51 Read more »
Saudi Arabia announces IPO of world's most profitable companySaudi Arabia is moving forward with an initial public offering of Aramco, its huge state oil producer with a monopoly on Saudi oil Black gold is rising😊 I'm interested to hear more of this. ...
Source: cnnbrk - 🏆 393. / 55 Read more »