ARAMCO CEO Is Delusional Financial Times reported yesterday that Amin Nasser, the CEO of the Arabian American Oil Company (ARAMCO, currently 100% owned by the Saudi government, although originally founded by four former US oil company majors), has declared that investors should feel pleased that Crown Prince Muhammed bin Salman has arrested and purged over […]
Treasury says loan guarantee is separate to any potential LSE listing and simply aims to help boost British firms export to oil-rich kingdom The UK is finalising arrangements for a $2bn loan guarantee to Saudi Arabia’s national oil company,...Show More Summary
FT: UK Treasury preparing to guarantee a $2 billion loan to Saudi Aramco. The move comes as London vies with New York and Hong Kong for a slice of the Saudi oil company's blockbuster IPO next year. Former Permanent Secretary to the Treasury...Show More Summary
Today's Headlines Bloomberg: Saudi Prince's Corruption Sweep Reaches Aramco. A Saudi Aramco director and a member of the royal council overseeing the world’s biggest oil exporter were arrested along with other top officials as CrownShow More Summary
US president says Saudis 'will consider' selling shares of the world's largest oil company in the US next year.
Donald Trump has publicly pleaded with Saudi Arabia to sell shares in its national oil company, Aramco, on the New York Stock Exchange. "Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange," the US President tweeted. The tweet comes as Saudi Arabia prepares to launch its state oil group, on the international stock market.
NEW YORK (AP) — President Donald Trump says he spoke to the king of Saudi Arabia about listing its massive state-run oil company, Saudi Aramco, in the United States. Trump told reporters Sunday as Air Force One flew to Japan that heShow More Summary
1. Kushner traveled to Saudi Arabia last week — probably to consult the Orb. 2. Earlier today, Trump’s weird tweet: Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange. Important to the United States! — Donald J. Trump (@realDonaldTrump) November 4, 2017 3. Later today, Saudi officials […]
The initial public offering for a piece of the giant oil company could easily be the biggest ever, and stock markets around the world have been fighting hard for it.
US president tweets he would ‘very much appreciate’ if Saudi Arabia would list its state-run oil company Saudi Aramco, due to go public in 2018, on NYSE Donald Trump pleaded on Saturday for Saudi Arabia to list its massive state-runShow More Summary
President Trump urged Aramco, one of the world’s biggest firms, to list its stock on the New York Stock Exchange, as the Saudi Arabia state-owned oil company prepares for a massive IPO. “Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange. Important to the United States!” Trump […]
Authored by Valentin Katasonov via The Strategic Culture Foundation, Saudi Aramco (the Saudi Arabian Oil Company) is the world’s largest petroleum business. It owns more than 100 oil and gas fields in Saudi Arabia with reserves of at...Show More Summary
Good morning! Here's what you need to know on Monday. 1. Treasury ministers were left in the dark about plans to alter UK listings rules in an effort to attract the potential £1 trillion-plus listing of Saudi Aramco to London amid intense competition to win the float, the Times reports. Show More Summary
Here is what you need to know. The Saudi Aramco IPO may not happen. Saudi Finance Minister Mohammed Al-Jadaan told the Financial Times that an international listing was just one "option" and that the state oil giant could look for private investment overseas. Japan's inflation remains weak. Show More Summary
INTERNATIONAL - The $500billion (R7.1trillion) mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom’s drive to diversify away from oil, the crown prince saidon Wednesday. The 26500 square km business and industrial zone, named NEOM, will extend into Jordan and Egypt. Show More Summary
Saudi finance minister says that listing Saudi Aramco internationally is just one "option." The company could look for private overseas investment instead of an international listing, Mohammed Al-Jadaan said. New York and London areShow More Summary