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The rationale for state-controlled Saudi Aramco's decision to launch a secondary public offering is not only to provide funds to the Saudi government for its massive socio-economic transformation plan but also to broaden the company's shareholder base among local and international investors, chief executive Amin Nasser said. ....
Saudi Arabia to launch new round of Aramco shares sale soon: Bloomberg almayadeen.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from almayadeen.net Daily Mail and Mail on Sunday newspapers.
Saudi Arabia Begins New Bond Sale to Plug Budget Deficit oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
China and Saudi Arabia are expected to further tap potential for bilateral economic and financial cooperation, thereby bringing about more tangible and pragmatic collaboration results, according to government officials from both sides. ....
Saudi Minister of Finance and chairman of the board of directors of the National Center for Privatization (NCP) Mohammed Al-Jadaan took part in Beijing on Tuesday in a roundtable meeting organized by NCP in cooperation with the Industrial and Commercial Bank of China. Senior officials of Chinese companies interested in private-sector projects and public-private partnerships (PPPs) were also present. ....