They have to pay back their expectations. Well i think of their expectations were slightly high to try and valued the overall. Business 2 trillion to me was partly a vanity project is very valued and when they were when they were asking the overseas investors to get involved it was lukewarm pretty much everybody said that its going to be 2 trillion is far too much and more realistic valuation now seems to be around the 1. 7 trillion to 1. 7 trillion but even then i think you know the market in general Still Believes that that could still be slightly on the high side so i think you know theyve just adjusted to reality to a certain degree was the valuation the only reason that International Investors stayed away. Well i think not necessarily i mean what youve got to look at is the Saudi Arabian market is a fairly limited access market for foreign investors. And there are concerns with regards to control and political influence within the saudi aramco business as a whole than unfortunatel
Bring in a head on the air hes an Investment Analyst at the share center and joins us now from london it will be the biggest i. P. O. Of all time but the saudis were planning to make much more from the sale why did they have to pay back their expectations. Well i think their expectations were ultimately slightly high to try and valued the overall. Business 2 trillion to me was partly a vanity project very valued and when they were when they were asking the overseas investors to get involved it was lukewarm pretty much of what he said that its going to be 2 trillion is far too much more realistic valuation now seems to be around the 1. 00 trillion to 1. 00 trillion but even then i think the market in general Still Believes that that could still be slightly on the high side so i think you know just adjusted to reality to a certain degree was the valuation the only reason that International Investors stayed away. Well i think not necessarily i mean what youve got to look at is the Saudi A
This is news hour live from london coming up in the next sixty minutes. Fury in ankara turkey as president accuses the u. S. Of building an army of terror inside syria. Pope francis is about to touch down in chile but not everyone is welcome him with open arms. And having it in the u. S. Releases a video it says shows some of the shock goes its still holding. It in doha with all the days sports news including a disastrous opening day at the Australian Open for american women the biggest williams and. Pressure in the first. A u. S. Plan to form a thirty thousand Strong Border Security Force in Northern Syria is being rejected by Turkey Russia and syria itself turkeys president says washington is trying to create a terror army and hes pledged to quote drown it before it comes into being the u. S. Says the force will secure areas along syrias border to the north with turkey and to the east with iraq it will be mostly made up of fighters from the Syrian Democratic forces but the s. D. F. I
Youre watching are several live for headquarters here and also coming up well look at the implications of p. L. O. Calls for recognition of israel to be suspended. Also a u. S. Couple accused of keeping their thirteen children captive at home some chained to their beds. And the u. N. Says running a refugee shouldnt be forced to go home after bangladesh declares its settled every petry ation deal with me and my. Kurdish civilians fear theyll become targets of turkey makes good on its threat to move against fighters in syria which it calls terrorists the Turkish Military is preparing a strike against y p t fighters who form part of the u. S. Backed Syrian Democratic forces turkeys president called all the nato military alliance to support it accusing the us of violating its border when he says his military operation is likely to send on us include Syrian Rebels said in Consumer Reports from the turkey syria border. About is one of many kurds whose grandparents left Northern Syria years a
This is al jazeera live from london also coming up. And having it in the us. Is a video it says shows some of the chicago is it still holding. The red carpet is rolled out for pope francis in chile but not everyone is pleased to see him. United states marks the birthday of civil rights leader Martin Luther king jr. A u. S. Plan to form a thirty thousand Strong Border Security Force in Northern Syria is being rejected by Turkey Russia and syria itself turkeys president says washington is trying to create a terror army and hes pledged to quote drown it before it comes into being the u. S. Says the force will secure areas along syrias border to the north with turkey and to the east with iraq it will be mostly made up of fighters from the Syrian Democratic forces but the s. D. F. Is led by kurdish fighters that turkey views as allies to the p. K. K. A banned Kurdish Group active inside turkey. Syria says the plan is an attack on its sovereignty and russia is describing it as a plot to part