New Issues
18 Nov
Saudi Aramco cancels plans for marketing shares in Europe
Saudi Arabia called off plans to formally market shares of its state oil company outside the kingdom and other Gulf countries in its initial public offering, reported The Financial Times.
14 Nov
Saudi Arabia is 'running out of money' and needs funding from IPO
Saudi Arabia is slowly running out of money and needs the funds from the upcoming stock market listing of a small portion of state oil giant Saudi Aramco in December to finance its reform push, a former head of America's Central Intelligence Agency said.