Tag: IPO
Saudi Arabia’s BinDawood Picks JPMorgan, Goldman for IPO
(Bloomberg) --Saudi Arabia’s BinDawood Group is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. to sell shares of its supermarket business...
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...
Selling Aramco: The Wall Street A-Listers on the Oil Giant’s IPO
(Bloomberg) --Saudi Aramco has enlisted the help of a former Donald Trump national security adviser and an ex-House of Representatives majority leader to pull...
World’s Biggest IPO Tests Saudis’ Faith in Their Crown Prince
(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company...
Saudi Arabia will be at 11mn bpd oil capacity by end of Sept: Energy...
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman on Tuesday said that the Kingdom would restore its lost oil production by the end of...
Top Bankers Descend on Dubai Ritz as Aramco IPO Work Starts
(Bloomberg) -- Dozens of bankers from Citigroup to JPMorgan Chase descended on the heart of Dubai’s financial district on Thursday to start work on...
Saudi Aramco mulling two-stage IPO, might choose Tokyo for phase two
The state-owned Saudi Aramco might be considering a two-stage initial public offering (IPO) with a domestic debut and a subsequent international listing possibly in...
Saudi Aramco asks banks to bid in what could be world’s largest IPO
In what could be the world’s biggest IPO, Saudi Aramco has formally asked major banks to bid for potential roles in its planned initial...
Saudi Set for Biggest IPO Since 2014
(Bloomberg) -- Fawaz Alhokair Group, the Saudi retailer that owns the franchise for brands like Banana Republic and Zara, may raise as much as $1...
