IPO | Egypt Oil & Gas - Part 2
ADNOC Drilling to Sell 7.5% of Shares Through IPO
Abu Dhabi National Oil Company (ADNOC) Drilling Company announced that it plans to offer 7.5% of its shares through initial public offering (IPO) to be listed for trading on the Abu Dhabi Securities Exchange (ADX), Em...
Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund
Saudi Crown Prince Mohamed bin Salman announced that the state-owned Aramco Company will sell more shares as apart of its plan to reinforce the Kingdom’s Sovereign Wealth Fund. This came during his speech at the Futur...
SFE Offers Wataniya to Private Sector Investors
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 and then will be offered...
Oman Oil Company to start IPO by 2020
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, Oman’s Oil Minister, Mohammed Al-Rumhi, said on December 4, according to Reuters. Th...
Aramco’s IPO to Affect Egypt’s Petrochemicals Sector
Saudi Aramco’s initial public offering (IPO) is forecasted to positively affect Egypt’s petrochemicals sector, Egyptian stock exchange expert Hanan Ramsis told Russia Today. Ramsis confirmed that the IPO will directly...
Aramco Sets a Timeline for Its IPO
Saudi Aramco is set to launch its initial public offering (IPO) on November 3, Al Arabiya announced on Twitter on October 29. Aramco’s media office refused to comment, saying that the timing of the IPO depends on mar...
Saudi Aramco Targets IPO Completion This Year
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 th...
Attacks on Aramco Not to Affect IPO Plans
The attacks on Saudi Aramco’s installations on September 14 will have no effect on its listing plans in the stock market, Amin Nasser, Aramco’s CEO, said in a conference in London, Reuters reported. Aramco’s Abq...
