Aramco had a successful IPO on the Saudi exchange on December 11th. It raised $25.6B, which makes it the world’s largest IPO ever!  China’s Alibaba had the record previously at a mere $25B. The stock soared 10% on the first day of trading and may have gone higher but Saudi exchange rules cap one day […]

Saudi Aramco stock IPO is officially announced.

According to Saudi Crown Prince Mohammed bin Salman, the Aramco IPO is back on for 2020 or 2021. Keep in mind that this is the same guy who is suspected to have involvement in the murder of journalist Jamal Khashoggi a while back.  Apparently time heals and people forget.  Two other things bode well for the IPO:  1) […]

Just one month after Reuters reported that the Saudi Aramco IPO had been scrapped, new reports say it will happen. Tweet

The much anticipated Aramco IPO was formally shelved today.  Too bad! Tweet

Here’s the latest on the mammoth Saudi Aramco IPO: Tweet