initial public offering (IPO)

  • Saudi’s CMA Approves Launching Aramco’s IPO

    Saudi’s CMA Approves Launching Aramco’s IPO

    Sunday, 3rd November 2019

    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

    Saudi Arabia Announces Increasing Oil, Gas Reserves

    Thursday, 10th January 2019

    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

    Aramco Mulls Shares for Saudi Citizens

    Wednesday, 22nd February 2017
    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

    Aramco to Get Tax Break for IPO

    Thursday, 19th January 2017
    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

    Aramco to Launch IPO in 2018

    Tuesday, 11th October 2016
    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

    Japan Will Not Invest in Aramco’s IPO

    Sunday, 18th September 2016
    Japan's government declared it has no intentions to invest in state-run oil firm Saudi Aramco's planned initial public offering (IPO).