Aramco’s CEO Says Shareholders to Decide on Further Stock Sale ...Middle East

Shareholders in Saudi Aramco will decide whether the world’s largest oil firm will proceed with a new share offering this year, Aramco’s chief executive Amin Nasser said on Monday, as carried by Reuters. Currently, the Kingdom of Saudi Arabia owns just over 98% of Aramco after selling 1.7% in the initial public offering (IPO) in December 2019. Of the 98% held by the Kingdom, the Saudi government owns 90% of Aramco, while the sovereign wealth fund owns the other 8%.  Reports emerged last month that Saudi Arabia was working…

Hence then, the article about aramco s ceo says shareholders to decide on further stock sale was published today ( Monday 12/02/2024 - 08:33 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Aramco’s CEO Says Shareholders to Decide on Further Stock Sale )

Also on site :

• Gold rises from 5-week low and inflation fears limit gains
• ADX welcomes Morgan Stanley as the first international investment bank Remote Trading Member, expanding global access to Abu Dhabi's capital markets
• Fractal EMS obniża ceny i upraszcza proces zawierania umów, aby podmioty realizujące mogły działać szybciej