Originally posted to the Reuters website, 30 October 2019
RIYADH (Reuters) – The initial public offering for state-owned oil company Saudi Aramco will come soon, and will be a decision taken by Saudi Crown Prince Mohammed bin Salman, the kingdom’s energy minister said on Wednesday.
“It is going to come soon … but it will come at the right time with the right approach and definitely with the right decision,” Prince Abdulaziz bin Salman said in a speech at the Future Investment Initiative conference in Riyadh.
“And it will be a Saudi decision first and foremost,” he said. “Specifically, Prince Mohammed’s decision,” he added.
Link to the original post: https://www.reuters.com/article/us-saudi-investment-aramco/aramco-ipo-will-come-soon-saudi-crown-prince-to-decide-energy-minister-idUSKBN1X90KQ
