Saudi Arabia raised $1 billion more than previously expected from the sale of a stake in oil producer Aramco after a so-called stabilisation period of the company’s shares ended. The government netted…
Tag: Aramcos
Saudi Aramco’s $12b stock offer sells out in hours
The shares fell as much as 2.9 per cent to 28.30 riyals Sunday, valuing Aramco at about $1.8 trillion. The stock has dropped about 14 per cent this the start of this…