Aramco IPO - updates

Rappler's latest stories on Aramco IPO

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Saudi Aramco market value tops $2 trillion

Dec 12, 2019 - 7:05 PM

The share price of Saudi Aramco jumps further on Thursday, December 12, pushing the energy giant's market value above $2 trillion

A handout picture provided by Saudi Aramco shows the energey giant's President and CEO Amin Nasser (2nd L) ringing the bell during the official ceremony launching the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in the Saudi capital Riyadh on December 11, 2019. - Saudi Aramco's shares soared on their debut on the domestic stock exchange today, becoming the world's biggest listed company worth $1.88 trillion after a record-breaking IPO. Aramco had priced the initial public offering at 32 riyals ($8.53) per share, raising $25.6 billion and eclipsing Alibaba's $25 billion IPO of 2014 to become the world's largest. (Photo by - / Saudi Aramco / AFP) / == RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / HO / ARAMCO" - NO MARKETING, NO RESALE, NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS ==

Saudi Aramco shares rocket on debut after record IPO

Dec 11, 2019 - 6:35 PM

Saudi energy giant Aramco becomes the world's biggest listed company

A Saudi broker monitors the stock market at the Arab National Bank in the Saudi capital Riyadh on December 11, 2019. - Saudi Aramco's shares soared on their debut on the domestic stock exchange Wednesday, becoming the world's biggest listed company worth $1.88 trillion after a record-breaking IPO. Aramco had priced the initial public offering at 32 riyals ($8.53) per share, raising $25.6 billion and eclipsing Alibaba's $25 billion IPO of 2014 to become the world's largest. (Photo by Fayez Nureldine / AFP)

Saudis scramble to raise cash for Aramco IPO

Nov 06, 2019 - 3:40 PM

Retail investors in Saudi Arabia appear to be salivating at the prospect of owning a piece of the world's most profitable company

A handout picture provided by Saudi Aramco, dated December 2, 2015, shows two visitors at Aramco's Upstream Learning Development Center (UPDC)in Dhahran in eastern Saudi Arabia. - The desert kingdom announced on November 3, 2019 the stock market debut of energy giant Aramco in what could be the world's biggest IPO, underpinning Crown Prince Mohammed bin Salman's ambitions to overhaul the kingdom's oil-reliant economy. (Photo by - / Saudi Aramco / AFP) / == RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / HO / ARAMCO" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS ==

Huge Aramco IPO hounded by big ifs

Nov 05, 2019 - 9:30 AM

Uncertainties abound as Saudi oil giant Aramco is poised for the world's biggest initial public offering

DELAYED IPO. A general view of Saudi Aramco's Abqaiq oil processing plant on September 20, 2019. File photo by Fayez Nureldine/AFP