Saturday 10 March 2018

NYSE looks to allay Saudi Aramco fears ahead of listing | Arab News

NYSE looks to allay Saudi Aramco fears ahead of listing | Arab News:

"Only Wall Street can offer Saudi Aramco the exposure to capital that it needs for a successful public listing, according to a top New York Stock Exchange (NYSE) executive.
Alex Ibrahim, head of international capital markets for the New York Stock Exchange (NYSE), told Arab News that all the world’s other major oil firms had opted for NYSE.
It comes as Saudi Arabian officials eye several global bourses to sell 5 percent of the national oil company via an initial public offering (IPO) expected later this year."



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