Saudi Arabia's energy minister said the kingdom always reacts to oil market supply and demand and it would continue to monitor crude markets for any developments.
Khalid Al-Falih also said that final agreem
Chinese logistics firm ZTO Express Co has submitted a filing in New York seeking clearance for an initial public offering aiming to raise between $1 billion and $2 billion, IFR reported on Tuesday, citing people close to the deal.
Oil and stock market conditions will have a role to play in mapping out the planned IPO of Saudi Aramco and preparations will take some time, the company's chairman told German daily Handelsblatt.
"The size and complexity
As part of plans for an up-to-$10 billion initial public offering, Postal Savings Bank of China (PSBC) aims to transform itself from a brick-and-mortar lender into a digital player, helped by its investors Ant Financial and Tencent Holdings.
Saudi and Japanese officials will hold meetings on Wednesday to discuss Japanese investment into the planned initial public offering (IPO) of a small part of Riyadh-controlled Saudi Aramco, said Khalid Al-Falih, the kingdom's energy minist
The Moroccan government raised 1.94 billion dirhams ($197 million) by selling a 40 per cent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year, traders said on Monday.
Lotte Group indicated it will shelve what may have been a $4.5 billion initial public offering, the world’s biggest so far this year, for its hotel unit after widening investigations pushed the South Korean conglomerate deeper into crisis,
Qatari construction firm Aljaber Group is planning a stock market flotation in the country, sources aware of the matter said, in a listing which could be worth around $800 million.
Initial public offerings have been extremely rare
Saudi Arabia's state oil giant Aramco is interested in investing in international upstream as it prepares for a partial privatisation through a stock market listing, the kingdom's energy minister said.
Saudi Aramco is work
Saudi oil giant Aramco is gaining market share and pushing for greater efficiency, chief executive Amin Nasser said in an interview, as it acts as a "bridge" to a future when the nation relies less on energy exports.