EghtesadOnline: The Toronto Stock Exchange's efforts to win a slice of the massive Saudi Aramco public listing plays up the country's deep experience in natural resources as part of a broader offer to help the kingdom with its shift away from oil dependence.
EghtesadOnline: Taking part in the much-anticipated IPO of Saudi Arabian Oil Company, known as Saudi Aramco, is not off the table for oil major Total SA because it could be a "good investment", the French group’s chief executive said on Thursday.
EghtesadOnline: Saudi Aramco could have a market value of more than $1 trillion in an initial public offering after the government slashed the oil producer’s tax burden to attract investors, analysts at Sanford C. Bernstein & Co. and Rystad Energy AS said.
EghtesadOnline: The exact dollar value of Saudi Aramco may be up for debate, but the listing of the world’s biggest company will be priceless for the kingdom’s markets.
EghtesadOnline: Major Saudi Arabian newspaper al-Eqtisadiah retracted a report on Sunday that said state oil giant Saudi Aramco planned to sell 49 percent of its shares over the next 10 years.
EghtesadOnline: Saudi Arabian Oil Co. is poised to choose an adviser from a list of boutiques for what could be the biggest initial public offering ever, a major coup for one of the smaller banks in an otherwise sluggish year for listings.
EghtesadOnline: The initial public offering of Saudi Arabian Oil Co. remains on track while the government considers how to meet all its objectives from the sale of a stake in the world’s biggest oil company, the kingdom’s Energy Minister said.
EghtesadOnline: The initial public offering of Saudi Arabian Oil Co. remains on track while the government considers how to meet all its objectives from the sale of a stake in the world’s biggest oil company, the kingdom’s Energy Minister said.