A production facility at Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters

Goldman Sachs hopes Aramco deal in Saudi Arabia can help it recover from 1MDB fallout

  • After missing out on at least US$25 billion in deals in Abu Dhabi, the bank is well-placed for the world’s biggest initial public offering from Aramco
  • The deal could open the door to more lucrative mandates as Saudi Arabia opens up to foreign investment and plans to privatise state assets
Topic |   Goldman Sachs

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A production facility at Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters
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