Tadawul ready for all scenarios on Aramco’s IPO

Riyadh - Mubasher: The chairwoman of the Saudi Stock Exchange (Tadawul), Sarah Al-Suhaimi said on Thursday that the bourse is ready for any decision regarding the listing of Aramco.

The kingdom’s government is on the verge of carrying out the anticipated initial public offering (IPO) of Saudi Aramco, the biggest oil company in the world.

Tadawul is expected to have a part of the IPO, which will withdraw liquidity from the bourse, analysts and economic experts previously told Mubasher.

Aramco’s CEO Amin Nasser earlier stated that the firm’s IPO is expected to occur in the second quarter of 2018.

Mubasher Contribution Time: 08-Feb-2018 16:10 (GMT)
Mubasher Last Update Time: 09-Feb-2018 15:13 (GMT)