Saudi Arabia considers expanding the initial public offering (IPO) of Saudi Aramco by floating a 10% stake, instead of 5% as previously planned, Wall Street Journal first reported. The Saudi Royal Court is reportedly ...
Saudi Aramco has recently asked major banks to submit proposals for potential roles in its planned initial public offering (IPO), Reuters reported. The requests were reportedly sent to banks a few days day ago for wha...
King Salman of Saudi Arabia has met with Philip Hammond, the UK’s Minister of Treasury (Chancellor of the Exchequer), in Jeddah to tackle investments between the two countries, the Washington Post reported. During his...
Saudi Aramco, the world’s most profitable company, is once again preparing for its potential initial public offering (IPO), Bloomberg reported. This highly anticipated IPO is a cornerstone of the Saudi Vision 2030 to ...
The Crown Prince of Saudi Arabia, Mohammed bin Salman, has expressed his commitment to go through with the anticipated initial public offering (IPO) of Saudi Aramco. “We are committed to the IPO of Saudi Aramco, but u...
Saudi Aramco will soon reveal its first-ever earnings call, according to the company’s newly launched website segment for investors, Bloomberg noted. The Investors page on the Saudi company’s website is showing that t...
Initial public offerings (IPOs) activity in Egypt, along with other neighboring countries, has risen by 115% year-on-year (YOY) in 2018, according to PricewaterhouseCoopers (PwC). Egypt, Morocco, Tunisia, and Algeria ...
Engineering for Petroleum and Process Industries (ENPPI)’s initial public offering (IPO) on the Egyptian Exchange (EGX) is expected to take place before the end of the first half of 2019, Minister of Petroleum T...
Alexandria Mineral Oils Company (AMOC) will delay its initial public offering (IPO) on the Egyptian Exchange Market (EGX) after the company posted lower-than-expected profits, a governmental source told Al Shorouk. Th...
Saudi Aramco chief executive Amin Nasser has said that the delayed initial public offering (IPO) of the state oil giant will “certainly” happen when conditions are right, Reuters reported. Saudi Aramco is still in tal...