Tag Archives: Mohammad Bin Salman Al Saud

The oil giant will issue the IPO prospectus on November 9.

Bin Salman plans to use the revenues from the sale to finance his Vision 2030.

One rough and ready way to value Aramco is to look at dividend yield.

Moscow and Riyadh. a traditional US ally. have made a striking rapprochement in recent years.

The Aramco IPO will undoubtedly raise an enormous amount of capital. and prospects look good for the immediate future.

Aramco is speeding up preparations for the IPO with an aim of listing on the Saudi bourse as soon as November.

The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.

Bilateral trade between Riyadh and New Delhi currently stands at $28 billion.

The West has sought for decades to secure oil resources for its own energy security.

Cooperation by Russia and Saudi Arabia on international energy markets will be continued.