Saudi Aramco sets stage for IPO

Saudi Aramco sets stage for IPO
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14.08.2019

MOSCOW (MRC) -- Saudi Aramco unveiled a USD15 billion deal to expand its global refining footprint and held its first-ever earnings call with financial analysts, twin moves that could bolster investor confidence as the state-owned oil giant revs up plans to list shares, said WSJ.Aramco's net income for H1 2019 was USD46.9 billion. This is actually a 12% decrease from its net income for t

Full article at mrcplast.com

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