Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
Saudi Arabia’s air defense has allegedly intercepted a missile fired by the armed Houthi movement from Yemen towards storage tanks in the port city of Jizan, which belong to the Aramco oil company. Storage tanks belonging to Saudi Aramco oil company in the southwestern province of Jizan were reportedly the targets of the attack. The […]
Shu Zhang/Reuters Sinopec, PetroChina offer to buy up to 5 percent of Aramco Would offer Riyadh flexibility as it considers options Aramco says multiple IPO options still being studied South Korea and Japan also look to invest in Aramco DUBAI/LONDON, Oct 16 (Reuters) – China is offering to buy up to 5 percent of Saudi […]
Thomson Reuters The long-awaited Saudi Aramco IPO, scheduled for mid-2018, could be delayed to 2019. International news reports have stated that the Saudi government is currently putting together contingency plans for a possible delay to the biggest IPO ever. The listing of 5 percent of Saudi Arabia’s crown jewel, the world’s largest oil company Saudi […]
REUTERS/Jacky Naegelen Saudi Arabia is getting ready to list 5 percent of its crown jewel—state oil firm Aramco—in what could be the biggest IPO ever. The Saudis claim that the whole company is worth $ 2 trillion, while most external analysts think the fair valuation is at least $ 500 billion lower than that estimate. […]
Thomson Reuters DUBAI/RIYADH/LONDON (Reuters) – Saudi Arabia favors New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. A final decision on where to stage what could be the […]
