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Mohammed al-Rumhi

Mohammed al-Rumhi latest

Oman Oil Co to List up to 25 Percent of Shares in IPO in 2020
December 4th, 2019 - 02:30 GMT

Oman Oil Co to List up to 25 Percent of Shares in IPO in 2020

State-owned Oman Oil Co expects to list 20% to 25% of the company in an initial public offering (IPO) by the end of next year, Oman's Oil Minister Mohammed al-Rumhi said on Wednesday. If the listing goes ahead, Oman Oil Co will become the second national oil company to be listed in the Gulf region after Saudi Aramco's planned IPO later this month. Speaking to reporters at a conference in ...
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