Saudi Aramco's shares went up slightly to 37 Saudi riyals ($9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company's market value slightly below $2 trillion. Reuters - Published
Shares in Saudi Arabia's state-run oil giant Aramco have officially started trading on Riyadh's stock exchange β opening 10 percent higher than their initial public offering price.
Credit: Al Jazeera STUDIO Duration: 02:11Published
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, closing in on a $2 trillion valuation that would make it the world's most..
Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below the $2 trillion touted by Saudi's crown prince but still vying for the title of the world's..
Russia's sovereign wealth fund will not be making a significant investment in the Saudi Aramco initial public offering, according to the chief executive of the Russian Direct Investment Fund.
Credit: Al Jazeera STUDIO Duration: 06:42Published
Saudis took to Twitter to celebrate Aramco's valuation hitting $2 trillion on Thursday, with one posting praising de-facto leader Crown Prince Mohammed bin Salman as a fortune teller. Reuters - Published
Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the.. Reuters - Published
Saudi Aramco's shares opened up 10% in their second trading session on Thursday, briefly sending the state-owned oil company's market value above the $2 trillion target sought by Saudi leader Crown.. Reuters - Published
Saudi Aramco's shares jumped 10% at market open on Thursday to 38.7 riyals, implying a market value of $2 trillion, before dipping in early trade, Refinitiv data showed. Reuters - Published
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.. Reuters - Published
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.. Reuters - Published
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.. Reuters - Published
Saudi Aramco's listing will boost the kingdom's efforts to diversify from oil as the bulk of proceeds will be injected in domestic projects, while the global buzz surrounding the deal will help lure.. Reuters - Published
Saudi Aramco shares opened up 10% on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman. Reuters - Published
Saudi Aramco shares opened at 35.2 riyal ($9.39) on Wednesday, 10% above their IPO price of 32 riyals, in their first day of trading following a record initial public offering. Reuters - Published
Saudi Aramco will become the world's largest listed company when it debuts on the kingdom's stock exchange on Wednesday, the bourse's chairwoman said. Reuters - Published
Saudi Aramco shares were indicated at 35.2 riyal ($9.39) each in the pre-market auction on Wednesday, 10% above their IPO price of 32 riyals, Refintiv data shows. Reuters - Published
Saudi Aramco shares were indicated at 35.2 riyal ($9.39) each in the pre-market auction on Wednesday, 10% above their IPO price of 32 riyals, Refintiv data shows. Reuters - Published
Non-Saudi investors in oil giant Saudi Aramco's initial public offering have been allocated 23.1% of the institutional tranche, one of the lead banks working on the transaction said on Tuesday. Reuters - Published
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said. Reuters - Published
The proceeds from Saudi Aramco's record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading.. Reuters - Published
OPEC and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia's energy minister told Reuters. Reuters - Published
The Saudi Aramco IPO was supposed to be a cornerstone of Crown Prince Mohammed bin Salman's ambitious plan to open the gates to foreign investment in the kingdom. But there's no sign of a stampede. Reuters - Published
State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world's biggest flotation by raising more than Alibaba's $25 billion.. Reuters - Published
State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation, above.. Reuters - Published
Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Reuters - Published
Saudi Aramco's bookrunners have recommended pricing its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said,.. Reuters - Published
Saudi Automotive Services Co said on Wednesday it is raising 190 million riyals ($50.67 million) in debt to invest in the initial public offering of state-owned oil giant Saudi Aramco. Reuters - Published
Saudi Aramco has received orders worth 189.04 billion riyals ($50.4 billion) for the institutional tranche of its planned initial public offering (IPO), its financial advisers said in a joint statement.. Reuters - Published
The institutional tranche of Saudi Aramco's planned initial public offering (IPO) has been almost three times oversubscribed, receiving orders worth 189.04 billion riyals ($50.4 billion), financial.. Reuters - Published
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.. Reuters - Published
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.. Reuters - Published
Saudi Aramco's initial public offering (IPO) was on course to be oversubscribed but not by a huge margin, according to figures released so far by the lead manager before a Dec. 4 close for.. Reuters - Published
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.. Reuters - Published
Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait's sovereign wealth fund for the deal, worth up to $25.6 billion,.. Reuters - Published
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.. Reuters - Published
Saudi Aramco's top executives have met officials of Kuwait's sovereign wealth fund to convince them to invest in the oil giant's initial public offering (IPO), which could raise as much as $25.6.. Reuters - Published
With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia's state energy company Petronas [PETR.UL] decided to take a pass on Friday. Reuters - Published
A late-year rush of giant global share sales led by Alibaba's $13 billion Hong Kong listing and Aramco's $26 billion initial public offering is failing to deliver an equivalent payday for equities.. Reuters - Published
Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi's crown prince but putting it in the running to become the world's.. Reuters - Published
From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online and to local banks on Sunday at the start of a long-delayed share sale for what could be the world's.. Reuters - Published
Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below the $2 trillion targeted by Saudi's crown prince but still vying for the title of the world's.. Reuters - Published
"No voice is louder than that of the Aramco IPO, the largest IPO on earth," declared Ahmed Al-Arfaj, a Saudi Arabian TV talk show host, drumming up demand for what could be the world's biggest initial.. Reuters - Published
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