Tag: Aramco
Aramco’s IPO could entice Saudi individuals back to local bourse
(Bloomberg) --Saudi Aramco’s gigantic initial public offering could trigger a return by retail investors to the Riyadh stock exchange as individuals snap up shares...
Aramco IPO prospectus flags peak oil demand risk in 20 years
(Bloomberg) --Global oil demand may peak within the next 20 years, according to an assessment included in the prospectus for Saudi Aramco’s initial public...
Key facts and risks revealed by Saudi Aramco in IPO prospectus
(Bloomberg) --Saudi Aramco on Saturday published the prospectus for investors to start bidding for shares in what could possibly be the biggest initial public...
Aramco’s record IPO starts November 17; size of offering pending
(Bloomberg) --Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from Nov. 17. It left potential buyers in...
Saudi Crown Prince gives green light for Aramco IPO
(Bloomberg) --Saudi Crown Prince Mohammed bin Salman finally gave the go-ahead for the initial public offering of Aramco, deciding there’s enough support from local...
Aramco IPO to come at ‘right time’ and when crown prince decides
(Bloomberg) --Crown Prince Mohammed bin Salman will determine the timing of oil giant Saudi Aramco’s long-anticipated share sale, according to the kingdom’s energy minister.
The...
Aramco Tells IPO Bankers It Made $68 Billion in 9 Months
(Bloomberg) --Saudi Aramco earned $68 billion in the first nine months of the year, cementing its position as the world’s most profitable company, according...
Kuwait, Bahrain wealth funds to consider investing in Aramco IPO
(Bloomberg) --Sovereign wealth funds in Kuwait and Bahrain said they will consider investing in the initial public offering of Saudi Aramco, while their counterpart...
Aramco Is Said to Explore Incentives to Reward Loyal IPO Buyers
(Bloomberg) --Saudi Aramco is exploring ways to reward loyal investors in its initial public offering to ensure the record share sale isn’t followed by...
Saudi Aramco Pushing to Complete IPO in 2019
(Bloomberg) --Saudi Aramco is pushing to complete its initial public offering this year by relying more on local investors, after international money managers’ skepticism...