Successful Saudi Aramco IPO could revive MENA capital markets | ZAWYA MENA Edition:
A successful IPO of the world’s largest oil company, Saudi Aramco, is expected to boost investor sentiment in the region, a senior official at Emirates NBD said.
“Saudi Aramco IPO is very important for the region. It’s probably going to be the largest IPO in the world,” Asar Mashkoor, Managing Director Investment Banking at Emirates NBD Capital told Zawya.
The initial public offering (IPO), which is set to rank Aramco as the world’s most valuable company, will start on November 17.
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