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Aramco IPO on track for 2018, Saudi Arabia reassures investors

Wed, Oct 25, 2017 - 5:50 AM

From left: Mr Al-Rumayyan, Ms Lagarde, and Mr Nasser at the Future Investment Initiative conference in Riyadh on Oct 24.

PHOTO: REUTERS

Riyadh

SAUDI ARABIA reassured global investors that it's on track to sell shares in oil giant Aramco in 2018 as the who's who of global finance and business gathered in Riyadh for a conference dubbed the "Davos in the Desert".

The kingdom plans next year to sell a stake in Saudi...

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