Aramco, the on-again, off-again IPO, is back on again. This according to the crown prince of Saudi Arabia.
According to prince Mohammad bin Salman, the IPO will take place in 2021. He cited his relationship with President Trump as one of the reasons why. Naturally, the commitment by the Saudis was shown in his belief that it is 100% in the best interest of Saudi Arabia to go through with it.
"Everyone heard about the rumors of Saudi Arabia canceling the IPO of Aramco, delaying that, and that this is delaying Vision 2030," he said. "This is not right."
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