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Wednesday, June 05, 2024

Saudi MBS on the details and reasons behind Aramco’s public offeringnote

Saudi Arabia will soon announce a landmark secondary share offering in Saudi Aramco, pending the final approval from Saudi Crown Prince Mohammad Bin Salman (MBS).

Several international and local companies have shown interest in Aramco’s public offering, and it is expected to raise further revenue to support Saudi future megaprojects.

This note delves into the following key aspects:

- Details of Aramco’s public offering

- Reasons behind the public offering

- The foreign companies participating in the offering

- The national companies participating

This note also sheds light on the views of MBS regarding the public offering and its effects on Saudi lackluster megaprojects.


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