Why didn’t Qatar support Saudi Aramco’s big deal?

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Why did Qatar pass up the chance to buy into the Saudi kingdom’s stock offering of its $1.7 trillion oil giant Aramco? Unpacking this helps show why an ongoing spat between two Gulf petroleum-states still has a bit further to run. gfhay

Amin H.

Nasser, President and CEO of Aramco, attends the official ceremony marking the debut of Saudi Aramco's initial public offering on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. Saudi Aramco Website/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. - RC20TD9ZOCO9

 

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