The markets regulator "has issued its resolution approving the Saudi Arabian Oil Company (Saudi Aramco)... application for the registration and offering of part of its shares," it said in a statement on its website. The sale, which could value the company at up to $1.7 trillion, is the linchpin of Crown Prince Mohammed bin Salman's plan to revamp the economy and wean it off a decades-long dependence on oil.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/34upPOt
No comments:
Post a Comment