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Sunday, 18 September 2016

Poll: Saudi Aramco’s IPO a watershed moment across the region | The National

Poll: Saudi Aramco’s IPO a watershed moment across the region | The National:

"A significant majority of senior executives across the Arabian Gulf expect Saudi Aramco’s planned IPO to help capital markets throughout the region, attracting new investors and boosting liquidity, according to new research commissioned by The National.

A survey of more than 500 high-level executives, conducted by research company Borderless Access on behalf of The National, found that 90 per cent of Saudi executives agreed that the proposed IPO of a stake in the country’s oil giant "will mark a watershed moment for the region’s capital markets, providing much needed liquidity and broadening the investor base," with 53 per cent strongly agreeing.


Sentiment was similarly bullish among UAE respondents, with 84 per cent agreeing with the statement, 61 per cent agreeing strongly."



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