Saudi Arabia considers IPO for Aramco: report
Decision likely over next few months, says deputy crown prince
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Riyadh
SAUDI Arabia is considering issuing shares in state-owned oil giant Saudi Aramco, the kingdom's powerful deputy crown prince told The Economist in a rare interview published on Thursday.
"That is something that is being reviewed, and we believe a decision will be made over the next few months," Mohammed bin Salman told the London-based publication after the country posted a record budget deficit due to falling oil prices.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus