On Sunday, Saudi Arabia held a press conference announcing the long-awaited initial public offering of the state oil company, Saudi Aramco—or so it seemed. - Saudi Aramco confirmed it planned to list on the Riyadh stock exchange, describing it as a "significant milestone" in the history of the energy giant. As part of the IPO announcement, the company released a document that designed to highlight the importance and success of the company. Amin Nasser, president and CEO of Saudi Aramco, attends a press conference in the eastern Saudi ... [+] Arabian region of Dhahran on November 3, 2019. - Saudi Aramco confirmed it planned to list on the Riyadh stock exchange, describing it as a "significant milestone" in the history of the energy giant.

Source: Forbes November 04, 2019 06:22 UTC