IPO

  • Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

    Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

    Sunday, 31st January 2021

    Saudi Arabia Ruler, Prince Mohamed bin Salman, announce, that the state-owned Aramco Company will sell more shares as apart of its plan to reinforce the kingdom’s Sovereign Wealth Fund.

  • SFE Offers Wataniya to Private Sector Investors

    SFE Offers Wataniya to Private Sector Investors

    Thursday, 10th December 2020

    The Sovereign Fund of Egypt (SFE) has selected Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO), to be offered to private sector investors as a first stage in its privatization plan, Minister of Planning and Economic Development and SFE Chairperson, Hala El-Said, stated.

  • Oman Oil Company to start IPO by 2020

    Oman Oil Company to start IPO by 2020

    Wednesday, 4th December 2019

    State-owned Oman Oil Company plans to list around 20-25% of its shares in an initial public offering (IPO) by the end of 2020, according to Oman's Oil Minister, Mohammed Al-Rumhi.

  • Aramco’s IPO to Affect Egypt’s Petrochemicals Sector

    Aramco’s IPO to Affect Egypt’s Petrochemicals Sector

    Tuesday, 5th November 2019

    Saudi Aramco’s initial public offering (IPO) is forecasted to positively affect Egypt’s petrochemicals sector, Egyptian stock exchange expert Hanan Ramsis said.

  • Aramco Sets a Timeline for Its IPO

    Aramco Sets a Timeline for Its IPO

    Wednesday, 30th October 2019

    Saudi Aramco is set to launch its initial public offering (IPO) on November 3.

  • Saudi Aramco Targets IPO Completion This Year

    Saudi Aramco Targets IPO Completion This Year

    Wednesday, 23rd October 2019

    Saudi Aramco plans to complete its initial public offering (IPO) before the end of the year by relying more on local investors after doubts over its valuation caused it to delay a transaction that had been expected this week.

  • Attacks on Aramco Not to Affect IPO Plans

    Attacks on Aramco Not to Affect IPO Plans

    Thursday, 10th October 2019

    The attacks on Saudi Aramco’s installations will have no effect on its listing plans in the stock market, according to Amin Nasser, Aramco’s CEO.

  • Aramco Restores Oil Output

    Aramco Restores Oil Output

    Thursday, 3rd October 2019

    Saudi Arabia has resumed to its average oil production, which makes Saudi Aramco fully focused on its initial public offering (IPO).

  • Saudi Aramco’s IPO Could See 10% Float

    Saudi Aramco’s IPO Could See 10% Float

    Wednesday, 25th September 2019

    Saudi Arabia considers expanding the initial public offering (IPO) of Saudi Aramco by floating a 10% stake, instead of 5% as previously planned.

  • Saudi Aramco Asks Banks for IPO Roles

    Saudi Aramco Asks Banks for IPO Roles

    Tuesday, 20th August 2019

    Saudi Aramco has recently asked major banks to submit proposals for potential roles in its planned initial public offering (IPO).