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GCC IPO activity to remain strong as more companies opt to go public: Report

RIYADH: The trend of initial public offerings in the UAE and the Gulf Cooperation Council region will continue to remain strong, with more public and private sector firms taking this route, indicated an industry report. According to a release from Mashreq Bank and the Middle East Economic Digest, the GCC, led by the UAE and Saudi Arabia, has experienced a surge in IPO activity

Saudi Prince Gives 4% Aramco Stake to Public Investment Firm

MACAU DAILY TIMES 澳門每日時報Saudi prince gives 4% Aramco stake to public investment firm

MACAU DAILY TIMES 澳門每日時報Saudi prince gives 4% Aramco stake to public investment firm
macaudailytimes.com.mo - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macaudailytimes.com.mo Daily Mail and Mail on Sunday newspapers.

Saudi Prince Gives 4 Percent Aramco Stake to Public Investment Firm

Saudi prince gives 4% Aramco stake to public investment firm - New Delhi Times - India Only International Newspaper

Saudi Arabia’s crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond oil. Crown Prince Mohammed bin Salman’s decision, announced by the state-run Saudi Press Agency, sends…

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