Saudi Arabia Makes Progress on Possible Aramco Stock Offering

Posted on 05/16/2023

Saudi Aramco, officially the Saudi Arabian Oil Group or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. Saudi Aramco is looking at possibly having another multibillion-dollar offering of its stock. It will likely be a follow-on offering on the Tadawul. The proceeds will likely be transferred to the…

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