Wednesday 20 November 2019

#Saudi Aramco to meet investors in #Dubai and #AbuDhabi: sources - Reuters

Saudi Aramco to meet investors in Dubai and Abu Dhabi: sources - Reuters:

Saudi Aramco plans meetings with investors in Dubai next week, sources said, in which it is seeking to raise up to $25.6 billion in the world’s biggest share sale.

The state oil giant and its advisors are hosting meetings at Dubai’s Ritz Carlton Hotel at the Dubai International Financial Centre on Nov. 24, said an investor who has seen the invitation.

Aramco also plans to meet investors in Abu Dhabi the day after, according to a second source at an investment firm.

Aramco could not be immediately reached for a comment.

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