25 billion reasons: Why Saudi is listing its crown jewel

0
350

DUBAI: Saudi oil giant Aramco has raised US$25.6 billion in the world’s biggest initial public offering, sources told AFP. The oil-rich kingdom has put a value of US$1.7 trillion on Aramco as it prepares to sell 1.5 per cent of the company to fund its “Vision 2030” economic transformation plan …