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Saudi Aramco's public listing revolutionary in many ways

The real eye-opening development is not the amount of money involved but where the shares will be listed
Thursday, June 16, 2016 - 05:50
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Saudi Aramco generated an estimated US$180 billion in profit per year to the state, which represented over 40 per cent of its economy - at least before the recent slump in oil prices.

New York

IT is hard to get one's head around it: An initial public offering (IPO) that would value a company in the trillions of dollars. That is trillions, with a T.

Saudi Arabia is considering selling shares in its state oil company. With 261 billion barrels of oil in reserves

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