Aramco IPO Seen by Prince as Tonic for Saudis `Addicted' to Oil

Updated on
  • Aramco's valuation to exceed $2 trillion: Prince Mohammed
  • Share sale could be world's largest initial public offering

Saudi Arabia's Hope for the Future in 'Vision 2030' Plan

Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman said he expects the value of Saudi Arabian Oil Co. to exceed $2 trillion as the kingdom prepares to sell part of the company in what could be the world’s largest initial public offering.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.