saudi arabia in talks with nyse for aramco ipo
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Saudi Arabia in talks with NYSE for Aramco IPO

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Saudi Arabia in talks with NYSE for Aramco IPO

Adel bin Ahmed al-Jubeir
Riyadh - Arab Today

Saudi Foreign Minister Adel bin Ahmed al-Jubeir said that the Kingdom is in “serious discussions” with the New York Stock Exchange about the bourse being one of the exchanges for the state-owned giant oil company, Aramco’s IPO.

Aramco is set to start offering its shares for sale to major investors in Saudi Arabia and the world in the coming months.

The listing will create the world’s largest-ever sovereign investment fund, following the IPO. The state-owned giant oil company would rank among the world’s most valuable companies well above the American gigantic tech company Apple Inc.

Serious discussions 
“Our objective is to try to complete the IPO sometime in 2018,” Jubeir said during an interview with Fox News. “There are serious discussions about having the NYSE to be one of the exchanges for Armco IPO.”

“I believe the decision will be made on bais of the financial merits,” he added.

This comes on the heel of a Saudi -Japanese announcement that Aramco and Tokyo Stock Exchange are considering forming a joint group to review probabilities of having the Japanese bourse be one of the exchanges for the Aramco IPO.

Saudi authorities plan to offer up to 5 per cent of the world’s largest oil producer on the local stock exchange - Tadawul – in addition to one or more global markets.

London, Hong Kong, Singapore, Toronto, and Tokyo are also feverishly competing for a slice of the first public offering, likely the largest of its kind in the world, with a potential revenue of $100 billion to the Kingdom.

Source :Al Arabiya

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

saudi arabia in talks with nyse for aramco ipo saudi arabia in talks with nyse for aramco ipo

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

saudi arabia in talks with nyse for aramco ipo saudi arabia in talks with nyse for aramco ipo

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 18:33 2018 Tuesday ,23 January

France says it fell short on greenhouse gas emissions

GMT 19:29 2017 Friday ,17 November

New Orleans abuzz over 'secret' Serena wedding

GMT 08:13 2016 Wednesday ,25 May

Asia stocks surge on global rally as oil rebounds

GMT 18:19 2016 Sunday ,28 August

Turkey allows policewomen to wear hijab

GMT 12:04 2012 Wednesday ,07 March

6 Music animation draws on 10 years of eclectic radio

GMT 12:33 2011 Sunday ,03 July

Floods damage homes, disrupt traffic in Denmark

GMT 11:36 2017 Saturday ,11 February

In China, bike-share apps race for glory

GMT 13:31 2015 Friday ,09 October

Taylor Swift graces cover of GQ

GMT 18:51 2012 Monday ,30 April

9 ways to impress your man

GMT 01:27 2011 Thursday ,29 September

Tough times ahead for hard news

GMT 19:10 2012 Thursday ,10 May

Don\'t neglect your feet

GMT 16:00 2011 Wednesday ,23 November

Billboards teach wildlife trade laws in Malaysia

GMT 05:46 2017 Thursday ,04 May

Prince Mishaal bin Abdulaziz passes away

GMT 13:54 2011 Tuesday ,20 September

Al-Jasmi to perform on UAE National Day

GMT 14:40 2011 Tuesday ,19 April

Toshiba cuts operating profit outlook on quake

GMT 18:56 2017 Thursday ,31 August

Oxlade-Chamberlain joins Liverpool from Arsenal

GMT 13:37 2012 Monday ,20 February

Parrot Zik headphones by Phillipe Starck

GMT 09:13 2012 Thursday ,15 March

Michelle Williams pretty in pink

GMT 18:49 2016 Tuesday ,27 September

Egypt seeks upgrading employment system

GMT 11:18 2014 Friday ,17 October

All-electric Italian supercar project

GMT 19:26 2017 Monday ,06 March

Mosul-Tal Afar road taken by Iraqi forces

GMT 10:36 2017 Wednesday ,08 February

Morocco’s Internet Users Total 17 Millions in 2016
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday