Sunday, 11 March 2018

Saudi Aramco international share sale might never happen: Kemp | ZAWYA MENA Edition

Saudi Aramco international share sale might never happen: Kemp | ZAWYA MENA Edition:

"Saudi Aramco's IPO's partial privatisation has loomed over the oil market for the last two years, influencing expectations about oil prices, but what if it never happens

The possibility of selling a minority stake in the giant oil company was first mentioned in a newspaper interview published in January 2016 by then-Deputy Crown Prince Mohammed bin Salman.

The possibility merited little more than a brief mention in a section about economic reforms, diversification and privatisation of state assets. "



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