A production facility is seen at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia, May 22, 2018. Photo: REUTERS A production facility is seen at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia, May 22, 2018. Photo: REUTERS
A production facility is seen at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia, May 22, 2018. Photo: REUTERS
IPO
Business /  Banking & Finance

Saudi Arabia approves what may be the world’s biggest-ever IPO, as Aramco is poised to sell shares on Riyadh exchange

  • Saudi Aramco announced its intention on Sunday to list shares on the local stock exchange in Riyadh
  • The shares are likely to start trading in December

Topic |   IPO
Bloomberg
Bloomberg

Updated: 10:01pm, 3 Nov, 2019

Why you can trust SCMP
A production facility is seen at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia, May 22, 2018. Photo: REUTERS A production facility is seen at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia, May 22, 2018. Photo: REUTERS
A production facility is seen at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia, May 22, 2018. Photo: REUTERS
READ FULL ARTICLE