Aramco’s IPO is a historic moment, says Al-Rumayyan

03/11/2019 Argaam

 

Yasir Al-Rumayyan, Chairman of energy giant Saudi Aramco said that launching the company’s initial public offering is a ‘historic’ moment.

 

He added that this step would boost Saudi Aramco’s position within global markets.

 

“This is a significant step leading to achieving Saudi Vision 2030, the Kingdom’s blueprint for sustained economic diversification and growth, as well as the National Transformation Program (NTP),” he added.

 

He also stressed that this move will boost Saudi Aramco’s position within global markets, and paves the way for new shareholders to benefit from the company’s capabilities and continued growth.

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