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Saudi Arabia: Central Bank Ready for Any Aramco-Related Liquidity Squeeze
December 11th, 2019 - 08:28 GMT

Saudi Arabia: Central Bank Ready for Any Aramco-Related Liquidity Squeeze

Saudi Arabia’s central bank is ready for any liquidity squeeze from Saudi Aramco’s initial public offering (IPO) and is closely monitoring local banks, its governor said, after heavy demand for loans to buy the stock. Aramco’s long-awaited listing on the Saudi Arabian stock exchange is due on Wednesday, completing the largest IPO on record and raising $25.6 billion from retail and institutional buyers who took on debt to back their ...
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The separation of Aramco from the Ministry of Energy was to prevent conflicts of interest.
October 30th, 2019 - 08:22 GMT

Saudi Aramco Plans to Acquire More Shareholding Companies

The Saudi Arabian IPO market has seen limited activity in the last few years, however in H1, the country experienced IPOs worth $752 million spread across three offerings, its highest value since 2015.
September 10th, 2019 - 10:40 GMT

Saudi Arabia M&A Soars to $72.6 Billion in H1 2019

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