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Saudi Aramco hits new low on US-Iran tensions

Shares of Saudi Aramco opened at 34 riyals (US$9.06) today, their lowest level since the oil giant began trading on December 11, after Iran launched missiles on US targets in Iraq. At 0740 GMT, Aramco had recovered to 34.15 shares,

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Saudi Aramco share prices spike due to world’s biggest IPO

RIYADH/DUBAI: State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will fall short of the towering US$2 trillion valuation long sought by Crown Prince Mohammed bin Salman. Aramco priced its IPO at 32

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PETRONAS: No offer yet from Saudi Aramco

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) said that it has yet to receive any offer to become a potential cornerstone investor in Saudi Aramco’s proposed Initial Public Offering (IPO). “Petronas, to-date, has not received any offer from Saudi Aramco or

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