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Май
2022

Saudi Aramco Plans To Take Its Trading Arm Public

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After regaining its position as the most valuable listed company in the world, Saudi national oil company Aramco is attempting to monetize one of its assets. Saudi officials have indicated that Aramco is currently discussing the option of listing its trading division Aramco Trading. Market analysts have already indicated that the IPO could hit around $30 billion. The move, which has been anticipated by many on the back of other energy-related IPOs in the GCC, would be a very smart way of taking advantage of the situation of high crude oil prices,…



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