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.
Dec 11, 2019, 14:26 PM IST
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.
Nov 28, 2019, 23:55 PM IST
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.
Sep 28, 2017, 17:25 PM IST
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.
Sep 14, 2017, 16:55 PM IST
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.
Sep 09, 2017, 20:11 PM IST
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.
Aug 02, 2017, 20:07 PM IST
