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FINANCIAL NEWS
Saudi, Japan to discuss investment into Aramco IPO
29 Jun 2016
(MENAFN) Saudi Arabia and Japan will discuss Japanese investment into the planned initial public offering (IPO) of Riyadh-controlled Saudi Aramco.
Accordingly, the kingdom exposed plans aimed at finishing its “addiction” to oil and changing it into an international investment power.
Moreover, Aramco will give its rights to the crude reserves of the world’s top oil exporter, while the value of Aramco will be at least USD2tr.
Additionally, Saudi Aramco is working on the options for its IPO, which involve a single local stock exchange listing and a dual listing with a foreign market.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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