Companies & Finance

Aramco will not decide on IPO location until H2 – Falih

Top Saudi officials have said the location of Aramco’s international listing will not be decided until H2 2018 or even early next year.
By Staff reporter 9 March 2018 0 29948

Khalid al-Falih, Saudi Arabia’s energy minister and chairman of Saudi Aramco, and Amin Nasser, Aramco’s president, have said the location of the company’s international listing will not be decided until H2 2018 or even early next year.

“With regard to the IPO, I think all the requirements for Saudi Aramco will be completed by the second half of 2018. The question of when and where it is will be answered then,” said Nasser at the Saudi-UK CEO forum on Thursday, according to The Times.

Saudi Arabia is...