Saudi’s CMA Approves Launching Aramco’s IPO

• Sunday, 3rd November 2019
• by Editorial Team

The Capital Market Authority (CMA) of Saudi Arabia permitted Saudi Aramco to launch its initial public offering (IPO) on November 3, creating the most valuable listed firm worldwide.

Saudi Arabia Announces Increasing Oil, Gas Reserves

• Thursday, 10th January 2019
• by Editorial Team

Saudi reserves increased by 2.2 billion barrels to 263.1 billion barrels of oil at the end of 2017, while natural gas reserves rose to 319.5 trillion cubic feet.

Aramco Mulls Shares for Saudi Citizens

• Wednesday, 22nd February 2017
• by Editorial Team

Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering (IPO) that could be the biggest the world has ever seen.

Aramco to Get Tax Break for IPO

• Thursday, 19th January 2017
• by Egypt Oil & Gas

Saudi Arabia will reduce the overall tax rate paid by Aramco to make its 2018 initial public offering more appealing to investors, as it is expected to conduct a public offer of its shares in 2018.

Aramco to Launch IPO in 2018

• Tuesday, 11th October 2016
• by Egypt Oil & Gas

Saudi Aramco's initial public offering (IPO) would be more suitable during 2018 when oil prices would have recovered and the market conditions improved.

Japan Will Not Invest in Aramco’s IPO

• Sunday, 18th September 2016
• by Egypt Oil & Gas

Japan's government declared it has no intentions to invest in state-run oil firm Saudi Aramco's planned initial public offering (IPO).