Saudi Aramco order book reaches 73 billion riyals so far: Samba
FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov
CAIRO - The institutional tranche of Saudi Aramco’s initial public offering has received approximately 73 billion riyals in orders, Saudi Arabia’s Samba Financial Group said on Thursday. Some 1.8 million retail subscribers have injected more than 14 billion riyals into the IPO so far, Samba, one of the banks managing the deal, added in a statement sent to Reuters.
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