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Saudi Crown Prince approves kick-off of Aramco IPO on Sunday: sources

Arab World Materials 2 November 2019 04:35
Saudi Arabia’s Crown Prince Mohammed bin Salman on Friday agreed that the initial public offering of state oil giant Aramco will be announced on Sunday
Saudi Crown Prince approves kick-off of Aramco IPO on Sunday: sources

Saudi Arabia’s Crown Prince Mohammed bin Salman on Friday agreed that the initial public offering of state oil giant Aramco will be announced on Sunday, Trend reports citing Reuters.

The world’s top oil company will announce its intention to float (ITF) on Nov. 3, the sources said.

“The crown prince finally gave the green light,” one source said.

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