by Andrew Moran | Dec 1, 2020 | Articles, Business News, Economic Affairs News, International, Politics, Social Issues
What a difference a year makes. In December 2019, Saudi Arabia nodded in approval of its crude oil powerhouse Saudi Aramco to file for an initial public offering (IPO). It whetted the appetite of dividend-hungry investors, sparked headlines all over the world, and...
by Andrew Moran | Dec 9, 2019 | Articles, Business News
It is finally about to happen! After weeks of speculation, guesses, and conspiracy theories, Saudi Aramco’s initial public offering (IPO) is scheduled to begin trading soon. By selling just 1.5% of the company, the Saudi Arabia-owned crude oil juggernaut will receive...
by Andrew Moran | Nov 5, 2019 | Articles, Business News, Economic Affairs News, International, Politics, Trade
Investment banks, stock exchange heads, and investors – professional and passive – are salivating at the idea of parking their money in one of the world’s largest companies: Saudi Aramco. But will the prospect of handsome dividends and vast long-term returns outweigh...