IPO | Egypt Oil & Gas - Part 8
Saudi Aramco Invites China’s Sinopec to Invest in IPO
China Petroleum & Chemical Corp. (Sinopec) said it was invited to invest in Saudi Aramco as part of what could be the world’s biggest initial public offering (IPO), Oil and Gas People informed. Sinopec’s Chairman,...
Egypt Seeks EGP 6b from Stake Selling
Egyptian Minister of Finance, Amr El Garhy, stated that the North African Country plans to receive EGP 6b out of selling state-owned firms’ stakes in the Egyptian Stock Exchange (EGX) during fiscal year 2017/201...
Saudi Aramco Announced Initial Public Offering
Saudi Aramco’s CEO, Amin Nasser, made the announcement of an initial public offering (IPO) on the 6th of March. Aramco will be publicly listed both in Saudi Kingdom and abroad in the second half of 2018, reporte...
Moelis & Co as Sole Adviser on Saudi Aramco IPO
US based boutique investment bank, Moelis & Co, has been chosen as the sole independent adviser for the planned initial public offering (IPO) of Saudi Aramco, according to three people familiar with the process, s...
Aramco to Raise $10b Prior to IPO
Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June 2017, ahead of a planned initial public offering (IPO) in 2018, in order to raise as much as $10b in bond...
Saudi Aramco’s Oil Reserves Reach 261b Barrels
The first independent audit of Saudi Aramco’s Initial Public Offering (IPO) oil reserves has confirmed the state oil company’s own figures, sources familiar with the situation said, ahead of its planned sh...
Enppi, AMOC to Go Public
Egyptian Minister of Investments, Dalia Khorshed, stated that Engineering for the Petroleum & Process Industries (Enppi) and Alexandria Mineral Oils Company (AMOC) will launch an initial public offering (IPO) duri...
Egypt Listed Oil Firms for IPO
The Egyptian Ministry of Petroleum and Mineral Resources presented eight oil and petrochemical companies to the Ministry of Investment and ICapital National Investment Bank to study the launch of an initial public off...
