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Standard & Poor’s

Standard & Poor’s latest

The bulk of the funds raised will go to the government or the Public Investment Fund
November 16th, 2019 - 06:08 GMT

Aramco IPO to Boost Saudi Economic Growth

Saudi Aramco’s forthcoming listing on the local stock market could help strengthen the government’s net asset position, with the proceeds potentially raising the Kingdom’s longer-term economic growth, Standard & Poor’s (S&P’s) Global Ratings said. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-2…","video_id":"2f074372-b3fa-4f9f-8191-57992d2241ce","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"10 Highest Average Cappuccino Prices Around the World"} The world’s most profitable company starts a share sale on November 17 in an initial public offering (IPO) that may raise between $20 billion and $40 billion. “The ...
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