EFG Hermes to Be Joint Bookrunner at Aramco’s IPO

• Sunday, 29th September 2019
• by Editorial Team

The Egyptian investment bank EFG Hermes Holding S.A.E. was picked by Saudi Arabia to be one of 15 banks that have secured joint bookrunner roles on Saudi Aramco’s Initial Public Offering (IPO), Bloomberg has reported....

OPEC, Russia Consider 10-20 Year Oil Alliance

• Wednesday, 28th March 2018
• by Editorial Team

Riyadh and Moscow are considering extending Russia’s current short-term alliance with OPEC to curb oil production that began in January 2017 after a crash in crude prices, Reuters reported. “We are working to shift fr...

NYSE Remains in The Running for Aramco IPO

• Wednesday, 28th December 2016
• by Egypt Oil & Gas

Saudi Foreign Minister, Adel al-Jubeir, said that the Arabic Kingdom is still considering New York Stock Exchange (NYSE) for a partial public stock listing of state-owned Saudi Aramco, ARGUS reported. This came as an ...