Aramco's Successful International Share Sale Shaped by War, Money, and Oil

Reported about 1 year ago

The article discusses how the boss of Aramco successfully led one of the biggest share sales, involving foreign investors and aiming to fund the Saudi Crown Prince's Vision 2030 project. The $11.2 billion share sale, with $65 billion in orders, marks a significant shift from the 2019 IPO, with foreign investors playing a larger role this time, showcasing confidence in the company and the Saudi economy.

Source: YAHOO

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