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Saudi Aramco IPO News

Saudi Aramco IPO

11 Dec 2019

Saudi Aramco shares jump 10% on Riyadh stock market debut

The shares leapt to 35.2 riyal ($9.39) each, up from the IPO price of 32 riyals and at the daily limit of price moves allowed by the Tadawul exchange.

Oil giant Saudi Aramco

28 Nov 2019

Saudi Aramco IPO's retail tranche oversubscribed, says lead manager

The retail portion of Saudi Aramco`s initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2 billion), lead manager Samba Capital said on Thursday.

Saudi Aramco IPO

28 Sep 2017

Aramco listing reshapes Saudi Arabia's OPEC oil policy

Listing its national oil firm represents unknown territory for Saudi Arabia and OPEC. But Norway, which has listed its state oil company Statoil, might offer some guide to the path ahead.

14 Sep 2017

Aramco says IPO on track after report it is preparing for possible delay

Saudi authorities are aiming to list up to 5 percent of theworld`s largest oil producer on both the Saudi stock exchange inRiyadh, the Tadawul, and one or more international markets in anIPO that could raise $100 billion.

Saudi Aramco IPO

09 Sep 2017

Saudi says it's accelerating economic reforms, Aramco IPO on track

The Vision 2030 reform programme, launched by Crown Prince Mohammed bin Salman last year, aims to free the economy from dependence on oil exports. It has begun to bring state finances under control, but has not yet created major new sources of growth beyond oil.

World's biggest IPO

02 Aug 2017

The world's biggest IPO is coming: Here is all you need to know

Saudi Aramco or Saudi Arabian Oil Company is a Saudi Arabian national petroleum and natural gas company based in Dhahran. It operates the world's largest single hydrocarbon network, the Master Gas System.

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