Saudi Arabia Is Considering a $10 Billion Aramco Share Sale ...Middle East

OILPRICE - Economy
Saudi Arabia Is Considering a $10 Billion Aramco Share Sale
source : OILPRICE ( Middle East ) () 31
Saudi Arabia is working with advisers to revive a new sale of stock in oil giant Aramco on the domestic market and looks to raise at least $10 billion from the follow-up offering, anonymous sources with knowledge of the plans told Bloomberg on Wednesday. Currently, Saudi Arabia owns just over 98% of Aramco after selling 1.7% in the initial public offering (IPO) in December 2019. Of the 98% held by the Kingdom, the Saudi government owns 90% of Aramco, while the sovereign wealth fund owns the other 8%.   The Saudis initially aimed to list…

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Arabia Is Considering a $10 Billion Aramco Share Sale )

Also on site :

Most viewed in Economy
Игра и не только: вклад Haier в будущее молодежи и устойчивое развитие
PR Newswire - before 6 hours & 47 minute
Sungrow Releases the Groundbreaking PowerTitan 3.0 Energy Storage System Platform
PR Newswire - before 10 hours & 32 minute
China's exports to the U.S. clock their sharpest drop in more than 5 years — down over 34% in May
CNBC - before 9 hours & 11 minute
Nigeria: Nigerian Military Destroys 27 Illegal Oil Refining Sites in May - Official
allafrica - before 7 hours & 59 minute
LG Innotek Unveils World's First Automotive 5G Broadband Satellite Communication Module
PR Newswire - before 6 hours & 2 minute
LITEON Debuts High-Performance AI Infrastructure Solutions at the Datacloud Global Congress in Cannes, France
PR Newswire - before 7 hours & 2 minute
Lancement officiel des ventes du CIBS 2026 : l'avenir prospère sur l'eau, stimulant la consommation pour renforcer la position des industries
PR Newswire - before 11 hour & 2 minute
Vantage sleept de titel 'Best Customer Support' in de wacht tijdens de Global Business Review Magazine Awards 2025
PR Newswire - before 10 hours & 19 minute
28bio Announces Nexon™ Neurotechnology Platform Powered by Engineered Human Brains
PR Newswire - before 7 hours & 18 minute
MEXC Unveils New Launchpad Featuring BTC to Kick Off BTC Trading Month
PR Newswire - before 11 hour & 19 minute
China’s Exports of Rare Earths Jump Despite Shipment Controls
OILPRICE - before 3 hours & 31 minute
Apple WWDC starts today. Can it catch up in the AI race?
Quartz - before 4 hours & 10 minute


Latest News

No, Costco cards don't count as airport REAL IDs, the TSA says

before 5 minute

Security 101 Acquires JAC Security, a Long-Standing Franchise Partner

before 26 minute

NYSE Content Advisory: Pre-Market update + KPMG hosts IPO Bootcamp at NYSE

before 28 minute

Chinese exports to the U.S. are cratering despite a trade truce

before 37 minute

China and U.S. trade officials to hold talks in London

before 37 minute

Phound Becomes First Phone Service to Bring Smart, Trusted Conversations to Everyone, All Powered by Magnum AI

before 42 minute

BofA: Oil Prices Could Jump on Coming Short Covering

before 42 minute

Seraphic Security Unveils BrowserTotal™ - Free AI-Powered Browser Security Assessment for Enterprises

before 59 minute

How can I avoid falling victim to a cyberattack? Top tips from Mastercard security boss

before hour & 41 minute

U.S. Rooftop Solar Giant Sunnova Files for Bankruptcy

before hour & 43 minute

Carrier Unveils Bold New Brand Identity, Purpose and Tagline, Marking a New Era of Global Leadership

before hour & 44 minute

AEON Integrates TRON Network to Enable Seamless In-Store Payments

before hour & 59 minute

Work Advice: Risk your bonus or your reputation?

before 2 hours & 7 minute

Guterres calls for an end to ocean ‘plunder’ as UN summit opens in France

before 2 hours & 13 minute

KuCoin Spotlight Returns with Major Upgrades, Launches New Token Sale Featuring Bombie (BOMB): New UI, Dual-Crypto Support, and Staking Benefits

before 2 hours & 14 minute