Similar Stories to India Should Beware Of Saudi Aramco’s Billions on Bing News

Business, Washington Post: Business
Wed, 04/17/2019 - 8:27pm

The country is already too reliant on imported crude. Cozying up to the Middle Eastern giant will only make matters worse.

Topics: middle eastern

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BING NEWS:

Why Saudi Aramco Stock Is a Tough Sell on Wall Street
Saudi Aramco’s generous dividends can only go so far in making up for an overpriced initial public offering. The Saudi Arabian national oil company will sell shares worth up to $12 billion in an ...
06/3/2024 - 1:03 am | View Link
Aramco sells shares worth $12B in matter of hours while courting foreign investors
Investing.com - Saudi Aramco (TADAWUL:2222) successfully sold shares worth $12 billion shortly after trading began on Sunday, just hours after the order book building process started, according to ...
06/3/2024 - 12:24 am | View Link
How Saudi Aramco plans to win the oil endgame
That is because Aramco is the linchpin of the strategy of Muhammad bin Salman, Saudi Arabia’s crown prince and de facto ruler, to end his country’s reliance on oil, diversify its economy and ...
06/2/2024 - 5:48 am | View Link
Gone in…
The Saudi government holds approximately 82% of Aramco, with the kingdom’s wealth fund owning an additional 16% stake. Saudi Aramco's $12 billion IPO swiftly sold out after Sunday's opening, marking a ...
06/2/2024 - 2:33 am | View Link
Saudi Arabia's Aramco Shares: Unexpected High Demand
Saudi Arabia's sale of Aramco shares, aimed at raising up to $13.1 billion, saw demand exceeding the stock on offer within hours. The deal, crucial for Riyadh's economic diversification, will gauge ...
06/1/2024 - 11:56 pm | View Link
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