Article 4JCCG Aramco's $2tn flotation is back on, says Saudi Arabia

Aramco's $2tn flotation is back on, says Saudi Arabia

by
Jillian Ambrose
from World news | The Guardian on (#4JCCG)

Energy minister unveils plan to schedule biggest public listing in history within two years

Saudi Arabia has reignited plans for a $2tn mega-float of its state oil company, Aramco, just months after putting on hold the biggest public listing in history.

The Saudi energy minister, Khalid al-Falih, said on Tuesday that officials are working to list the company for the first time within the next two years.

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