Saudi Aramco IPO retail subscription at $5.8bn – official

By Amwal Al Ghad English On Nov 26, 2019

Retail subscription for Saudi Aramco’s initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, lead manager Samba Capital said.

Aramco, the world’s biggest crude oil producing company, is looking to sell 1.5 percent of its stock in the IPO.

Source: Reuters

Egypt’s President Sisi hails partnership with Italy’s Eni

Egypt on track to finalise 200MW solar plant in Kom Ombo