Aramco IPO

EFG Hermes to Be Joint Bookrunner at Aramco’s IPO

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 repor ...

OPEC, Russia Consider 10-20 Year Oil Alliance

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.

NYSE Remains in The Running for Aramco IPO

Saudi Arabia is still considering New York Stock Exchange (NYSE) for a partial public stock listing of state-owned Saudi Aramco.

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