Sunday, October 20, 2019
Saudi Aramco says IPO timing depends on ‘market conditions’ | Saudi Arabia News
Saudi Aramco has said the timing of its long-awaited stock market debut “will depend on market conditions”, after the latest delay in the blockbuster initial public offering (IPO). The IPO forms the cornerstone of a reform programme conceived by the kingdom’s de facto ruler Crown Prince Mohammed bin Salman (MBS) to wean the Saudi economy off its reliance on oil. Aramco was expected to launch the
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