Gulf Sovereign Wealth Funds Near Decision to Back Saudi Aramco
Posted on 11/27/2019
The initial public offering (IPO) of Saudi Aramco has taken the course of focusing on GCC institutional and retail investors. Saudi Aramco is poised to raise US$ 25.6 billion for a 1.5% stake in the company. The state-owned energy giant held talks with sovereign investors in the Gulf region, including the Kuwait Investment Authority and […]
