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Aramco set aside 450 million shares for investors as it gauged early demand, and Goldman Sachs released proceeds from the allotment over the weekend.
Saudi Aramco has seen $200 billion of market value erased since its record-shattering IPO as Mideast tensions drag it lower
Some analysts believe Iran could retaliate by targeting oil infrastructure, placing Aramco at increased risk of a crippling strike.
Saudi Aramco falls for the first time since its record-breaking IPO, putting a halt to its 4-day run
The drop comes one day before Aramco's inclusion in the MSCI Emerging Markets Index. The company's addition is set to drive demand from passive funds.
Saudi Aramco raised $26 billion in its record-shattering IPO — but banks will get paid an abnormally small 0.25% of that
Banks that worked on the IPO are slated to be paid a combined $64 million, Bloomberg reported Thursday.
Aramco’s IPO may look like a glittering success — but it has painted a target on Saudi Arabia’s back that Iran will be happy to expl...
The $1.7 trillion IPO for Saudi Aramco could weaken the kingdom by putting a metric on the health of Saudi's industry, which is vulnerable to attack.
Saudi Aramco shares spike 10% on its opening day of trading — valuing the company at a massive $1.9 trillion
The spike gives the oil-giant a mammoth market value of $1.9 trillion, cementing its status as the world's largest public company.
The Saudi Arabian government invested more than $2 billion in Aramco’s record-shattering IPO — even though the nation swore to become more...
The government offered two-thirds of IPO shares to institutional investors, and government institutions bought up 13.2% of the stake.
Saudi Aramco's public listing is a major part of the kingdom's economic plans going forward. The Tadawul All Share Index fell 2.4% on the news.
Trump officials and business leaders skipped Saudi Arabia’s investment conference last year after Jamal Khashoggi’s murder. This year, the...
Last year, dozens of businesses and executives shunned Saudi Arabia's annual investment conference. This year, political apprehension was cast aside.
"We think it very likely indeed that Iran was indeed responsible, using both drones and cruise missiles," Boris Johnson told reporters.