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Tuesday, June 18, 2019 9:7 GMT
Saudi Arabia will be selling shares in Aramco, the world’s largest oil producer, through an IPO, but only at the right time, Crown Prince Mohammad bin Salman has said. “We are committed to the IPO of Saudi Aramco based on appropriate conditions and at the right time,” Prince Mohammed said in an interview in pan-Arab daily Asharq al-Awsat, as reported by AFP. The crown prince reiterated his earlier expectations that the IPO of Saudi Aramco “will take place in [late] 2020 or the start of 2021,”...More