International Development News
Development News Edition
Give Feedback

Saudi energy minister says Aramco IPO in 2019 would be nice, timing not critical

Speaking in Vienna, Falih said Saudi Arabia's Tadawul bourse would be Aramco's primary listing, with an international secondary listing to be determined to some extent.


Reuters
Updated: 21-06-2018 14:49 IST
Saudi energy minister says Aramco IPO in 2019 would be nice, timing not critical

Speaking in Vienna, Falih said Saudi Arabia's Tadawul bourse would be Aramco's primary listing. (Image Credit: Twitter)

Saudi Arabian Energy Minister Khalid al-Falih said on Thursday it would be "nice" to see Saudi Aramco floated on the stock exchange next year, but he added the timing was not critical to the Saudi government.

Speaking in Vienna, Falih said Saudi Arabia's Tadawul bourse would be Aramco's primary listing, with an international secondary listing to be determined to some extent by where the market for its products is, which is "shifting to the east".

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : Saudi Arabia