An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia, on October 12, 2019. Photo: Reuters An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia, on October 12, 2019. Photo: Reuters
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia, on October 12, 2019. Photo: Reuters
IPO

Saudi Aramco eyes up to US$1.7 trillion in initial public offering valuation

  • Figure is short of the US$2 trillion target set in 2016
  • Aramco seeks as much as US$25.6 billion by selling a 1.5 per cent stake

Topic |   IPO
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia, on October 12, 2019. Photo: Reuters An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia, on October 12, 2019. Photo: Reuters
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia, on October 12, 2019. Photo: Reuters
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