Saudi Arabia’s Falih says Aramco IPO to happen in 2020-21

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Saudi Arabia’s Falih says Aramco IPO to happen in 2020-21

Saudi Arabia’s Falih says Aramco IPO to happen in 2020-21

Tuesday, Jul 02, 2019 by: adminposted in: Market News comments: 0

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Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/Files

VIENNA (Reuters) – Saudi Arabia is working towards listing Saudi Aramco in 2020-21 as the state oil giant moves towards completing its merger with petrochemical firm Saudi Basic Industries Corp, Saudi Energy Minister Khalid al-Falih said on Tuesday.

Reporting by Rania el Gamal; Editing by Dale Hudson

Our Standards:The Thomson Reuters Trust Principles.

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Saudi Arabia’s Falih says Aramco IPO to happen in 2020-21

Saudi Arabia’s Falih says Aramco IPO to happen in 2020-21

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