Global  

Saudi Aramco raises $25.6bn in world’s largest IPO

WorldNews Thursday, 5 December 2019
Saudi Aramco raises $25.6bn in world’s largest IPONew YorkSaudi Arabia’s state oil company Aramco launched its initial stock offering on Thursday, pricing at the high end of the target range and raising $25.6bn, two sources said. The sum raised by...
0
shares
ShareTweetSavePostSend
 
Video Credit: Rumble - Published
News video: Saudi Aramco prices world's biggest IPO

Saudi Aramco prices world's biggest IPO 01:39

State-owned oil giant Saudi Aramco's IPO will be the biggest in history but concerns about corporate governance and nation's role in Middle East politics may have limited international interest. Conway G. Gittens has the details.

You Might Like


💡 One News Page Knowledge: Other News Mentions

Saudi Aramco Saudi Aramco Saudi Arabian petroleum and natural gas company

Chinese giant eyes record $34bn market debut

The Chinese firm is set for the biggest public share offering ever, eclipsing Saudi Aramco's $29bn flotation.
BBC News
Aramco doubles down on oil to outlast rivals [Video]

Aramco doubles down on oil to outlast rivals

The slump in demand for crude during the coronavirus pandemic has forced oil companies to contemplate the possibility that the fossil fuel market has peaked and the time for a global energy transition has come. But as Francis Maguire reports Saudi Aramco sees things differently.

Credit: Reuters Studio    Duration: 01:42Published

New York City New York City Largest city in the United States

Brooklyn protests over PA man killed turn violent

Police say 32 people were arrested during a protest in New York City over the police shooting of a Black man in Philadelphia. Police in Brooklyn were seen..
USATODAY.com
NYC Mayor says protest 'offenses must be prosecuted' [Video]

NYC Mayor says protest 'offenses must be prosecuted'

New York City Mayor Bill De Blasio commented on unrest in Brooklyn following the police killing of a Black man in Philadelphia, saying "no violence is acceptable."

Credit: Reuters Studio    Duration: 01:06Published

New York’s School Reopening is Not Proceeding as Planned

Just 26 percent of students have attended any in-person class.
NYTimes.com

NYPD beefs up security presence at polling locations, prompting some concerns

A Brooklyn police officer was suspended for using his car speaker to voice his support for President Trump, and another officer was caught removing PPE from..
CBS News

Coral reef taller than Empire State building discovered off Australia coast

A coral reef taller than New York City's Empire State Building has been discovered off the coast of Australia. The first discovery of its kind in over 120 years,..
CBS News

Saudi Arabia Saudi Arabia Country in Southwestern Asia

Saudi Arabian GP on provisional schedule for 2021

Saudi Arabia is set to make its debut on the Formula 1 calendar next year, with a race on a street circuit in Jeddah.
BBC News

France warns citizens to be cautious as anger seethes in Muslim world over cartoons

PARIS — France warned its citizens living or traveling in several Muslim-majority countries to take extra security precautions on Tuesday as anger surged over..
WorldNews

Saudi Arabia condemns ‘offensive’ French cartoons amid growing boycott calls

Saudi Arabia on Tuesday condemned French cartoons that they branded offensive to the Prophet Mohammed and rejected any link between Islam and terrorism amid..
WorldNews

U.S. Issues Sanctions on Russian Center Involved in Potentially Deadly Cyberattacks

The penalties were aimed at a Russian research center that developed tools used in a cyberattack on a Saudi petrochemical plant, which took out the safety..
NYTimes.com

Related videos from verified sources

Experience Vivid History and Fun in Jeddah, Saudi Arabia [Video]

Experience Vivid History and Fun in Jeddah, Saudi Arabia

Explore a 7th century UNESCO World Heritage Site, traverse the desert on an unforgettable camel ride, and golf along the warm waters of the Red Sea in Jeddah, the second largest city in Saudi Arabia!

Credit: Localish     Duration: 02:55Published
Saudi Aramco Becomes World's First $2 Trillion Company [Video]

Saudi Aramco Becomes World's First $2 Trillion Company

The oil producer is now the most valuable company in the world, with runner-up Apple being valued at $1.2 trillion.

Credit: Cover Video STUDIO     Duration: 00:56Published
Saudi Aramco officially becomes world's largest listed company [Video]

Saudi Aramco officially becomes world's largest listed company

Shares in Saudi Arabia's state-run oil giant Aramco have officially started trading on Riyadh's stock exchange – opening 10 percent higher than their initial public offering price.

Credit: Al Jazeera STUDIO     Duration: 02:11Published

Tweets about this