initial public offering (IPO) | Egypt Oil & Gas

Saudi’s CMA Approves Launching Aramco’s IPO

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, Reuters reported. The CMA said its...

Saudi Arabia Announces Increasing Oil, Gas Reserves

Saudi Arabia announced that its oil and natural gas reserves have increased following an external audit conducted in preparation for the company’s long-awaited initial public offering (IPO), Pipeline Oil & G...

Aramco Mulls Shares for Saudi Citizens

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, Oil Price wrote. The ...

Aramco to Get Tax Break for IPO

Saudi Arabian Oil Company’s (Aramco) CEO, Amin Nasser said that the kingdom has promised it will reduce the overall tax rate paid by its national oil company to make its 2018 initial public offering more appealing to ...

Aramco to Launch IPO in 2018

Saudi Aramco’s CEO, Amin Nasser, stated that company’s initial public offering (IPO) would be more suitable during 2018 when oil prices would have recovered and the market conditions improved, reported Reu...

Japan Will Not Invest in Aramco’s IPO

Japan’s government declared it has no intentions to invest in state-run oil firm Saudi Aramco’s planned initial public offering (IPO), reported Reuters. An advisor to the Japanese Prime Minister, Yasutoshi...

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