IPOs

Aramco to Pay $75 B Dividends in 2020

Saudi Aramco announced that it aims to pay a $75 billion dividends in 2020 as it prepares for an initial public offering (IPO).

Aramco Close to Announcing IPO Managers

Saudi Aramco is expected to give lead roles to JPMorgan Chase, Morgan Stanley, and National Commercial Bank (Al-Ahli NCB) for its planned initial public offering (IPO).

Aramco Considers Two-Stage IPO

Saudi Aramco is considering a plan to split its awaited initial public offering (IPO) into two phases.

Saudi Aramco Looking for IPO Bookrunners & Coordinators

Saudi Aramco is seeking bookrunners and coordinators for its proposed initial public offering (IPO).

ADNOC Raises $851M in 10% IPO of Distribution Unit

Abu Dhabi National Oil Company (ADNOC) offered 1.25 billion shares in ADNOC Distribution on the Abu Dhabi Securities Exchange for the price of 2.5 AED today.

Egypt to List 24% of Enppi in EGX

The Ministry of Petroleum and Mineral Resources will list 24% of the shares of Engineering for the Petroleum and Process Industries (Enppi) in the Egyptian Bourse.

Riyadh’s Oil Outputs to Impact Global Economy, Not Aramco IPOs

Saudi Arabia’s oil production levels will be far more significant to the global economy than Aramco's plans for the initial public offerings (IPOs) selling shares in its upstream and downstream facilities, according ...

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