The initial public offering for state-owned oil company Saudi Aramco will come s...
FILE PHOTO: The Saudi Aramco logo pictured at the company's oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim Shemetov
RIYADH - The initial public offering for state-owned oil company Saudi Aramco will come soon, and will be a decision taken by Saudi Crown Prince Mohammed bin Salman, the kingdom’s energy minister said on Wednesday. “It is going to come soon ... but it will come at the right time with the right approach and definitely with the right decision,” Prince Abdulaziz bin Salman said in a speech at the Future Investment Initiative conference in Riyadh.
“And it will be a Saudi decision first and foremost,” he said. “Specifically, Prince Mohammed’s decision,” he added.Our Standards:
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