Aramco IPO highly anticipated isn’t going to happen.
www.cnbc.com/video/2018/03/19/aramco-to-only-list-on-saudi-stock-exchange-dow-jones-reports.html
Why? MbS collected enough from SA purge to fund vision 2030 plans. US oil exports surpassed SA, dollar weaker? Estimated value dropped <$1trillion? Side deal in works with China?
To be sure, MbS never wanted to send 5% of SA’s biggest oil company to public sector.