by Wael Mahdi | Feb 23, 2017 | Business
Khobar – Saudi Aramco is considering discounted shares for local investors, sources reported to Bloomberg. The oil company has discussed ways to structure the offering, allowing Saudi buyers to receive the stock at a lower price than international investors. The...
by Wael Mahdi | Feb 9, 2017 | Business
Khobar – New York-based boutique investment bank Moelis & Co (MC.N) has been chosen as an adviser by Saudi Aramco on its plans for what is expected to be the world’s biggest initial public share offer (IPO). Moelis will be the internal independent...
by Wael Mahdi | Nov 3, 2016 | Business
Riyadh- Aramco’s Chief Executive Officer Eng. Amin al-Nasser couldn’t avoid talking about his company’s IPO during the Energy Dialogue Conference, which concluded on Wednesday at King Abdullah Petroleum Studies and Research Center (KAPSARC in Riyadh. Nasser delivered...
by Shuja Al-Baqmi | Aug 24, 2016 | Business
Riyadh- High issuance raises have become a main reason for Capital Market Authority (CMA) heading towards renewing instructions to allocate shares in the initial public offering and to build the order book. CMA noted that its purpose is to reinforce the pricing...
by Wael Mahdi | Jan 9, 2016 | Latest News, Middle East
Saudi Arabia is considering offering shares in the largest oil company in the word Saudi Aramco in an initial public offering (IPO) which may mean that assets of about 3.63 trillion US dollars will be accessible to citizens and investors. Saudi Aramco yesterday...