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Aramco Slips For Fourth Day After Losing $2 Trillion Dollar Valuation

Aramco Slips For Fourth Day After Losing $2 Trillion Dollar Valuation Saudi Arabia's stock market stalled on Sunday as Saudi Aramco shares continued a four-day decline, reported Reuters. Aramco shares have erased much of its gains post.....»»

Category: blogSource: zerohedgeDec 22nd, 2019

ETF Edge: Want to invest in Saudi Aramco? There’s an ETF for that.

One of the easiest ways to get in on the Aramco action is to invest in the iShares MSCI Saudi Arabia ETF, which is the only single-country exchange-traded fund for Saudi stocks......»»

Category: topSource: marketwatchDec 13th, 2019

Today"s Pickup: Saudi Arabia"s Aramco Becomes World"s Most Valuable Publicly-Traded Company

Good day, Amid skepticism on the market value of Saudi Arabia's state-owned oil company Aramco,.....»»

Category: earningsSource: benzingaDec 12th, 2019

Today"s Pickup: Saudi Arabia"s Aramco Becomes World"s Most Valuable Publicly-Traded Company

Good day, 0 read more.....»»

Category: blogSource: benzingaDec 12th, 2019

Aramco shares debut with a bang on Saudi Stock Exchange

Aramco shares rocketed up 10% as the oil giant started trading in Saudi Arabia. WSJ's Alex Frangos explains why local investors rushed to buy a piece of the world's largest ever IPO. Photo: Aramco handout.....»»

Category: topSource: moneycentralDec 11th, 2019

"Vindication" - Saudi Arabia hails 10% debut jump in Aramco shares

Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2 trillion valuation of the state oil company......»»

Category: topSource: reutersDec 11th, 2019

Saudi Arabia is on a roll with Aramco, Ruiz vs Joshua, and a new tourist visa. Mohammed bin Salman could use these "wins" to whitewash his awful human-rights record. (ARAMCO)

REUTERS/Amir .....»»

Category: topSource: businessinsiderDec 11th, 2019

Boost for Saudi Arabia as Aramco shares surge 10% on debut

Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman......»»

Category: topSource: reutersDec 11th, 2019

Saudi Aramco"s IPO a make-or-break moment for controversial prince

The offering's success is crucial to the ambitious plan by Crown Prince Mohammed bin Salman to overhaul Saudi Arabia's economy and wean it off its reliance on oil revenue for survival......»»

Category: topSource: foxnewsDec 9th, 2019

Reinvesting Aramco IPO money will aid government revenues: minister

Saudi Arabia's finance minister on Monday said that reinvesting money from the initial public offering (IPO) of oil group Saudi Aramco would help to create more revenue channels for the government......»»

Category: topSource: reutersDec 9th, 2019

Saudi Aramco raises $25.6B in world’s biggest IPO

The company has crept past the previous record of $25 billion set by Alibaba when it went public in New York, and at $1.7 trillion, Saudi Aramco’s market capitalization will be more than that of the five next biggest oil companies combined......»»

Category: topSource: bizjournalsDec 6th, 2019

Saudi Arabia pulls off biggest IPO in history — but is bigger really better?

Saudi Aramco is valued at an estimated $1.7 trillion, below the target the Saudis first wanted......»»

Category: topSource: foxnewsDec 5th, 2019

Saudi Aramco"s $25.6 billion IPO is the biggest in history

Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly......»»

Category: topSource: moneycentralDec 5th, 2019

Oil gains amid push by Saudi Arabia for further supply cuts

Oil prices rose on Tuesday, as OPEC and its allies discuss whether to deepen a supply cut pact ahead of meetings this week, although prospects after Saudi Arabia's planned listing of Aramco fuelled uncertainty for traders, limiting gains......»»

Category: topSource: reutersDec 3rd, 2019

Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO

OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco, two sources familiar with the talks said......»»

Category: topSource: reutersDec 2nd, 2019

Saudi exchange to limit Aramco index weighting with cap

Saudi Arabia's Tadawul has introduced an equity index cap of 15% which is set to address concerns over the weighting oil giant Saudi Aramco will have when it lists on the exchange......»»

Category: topSource: reutersDec 2nd, 2019

OPEC November oil output slips before Aramco IPO, policy meeting

OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found......»»

Category: topSource: reutersNov 29th, 2019

Gulf state investors step in to help Aramco hit IPO target: sources

Saudi Arabia's wealthy Gulf neighbors plan to invest in the initial public offering (IPO) of Saudi Aramco, sources familiar with the matter said, helping out Riyadh as it strives to raise $25.6 billion from a domestic listing of the state oil giant......»»

Category: topSource: reutersNov 27th, 2019

Saudi Aramco won"t breach maximum weight for firms in Saudi index: Argaam

Saudi Aramco's weighting in Saudi Arabia's main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom's Tadawul exchange, a senior executive said on Sunday......»»

Category: topSource: reutersNov 24th, 2019

Saudi central bank says Aramco IPO not causing liquidity issues for banks

Saudi Arabia's central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco's initial public offering (IPO), its governor said on Sunday......»»

Category: topSource: reutersNov 24th, 2019