Deals

Next Stop Abu Dhabi: Aramco in Regional Push to Sell Shares

CFO met investors in Dubai’s financial district on Sunday
IPO is turning regional after European roadshow pulled

Aramco Takes IPO Show to Dubai

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By Anthony Di Paola and Nicolas Parasie

November 24, 2019 at 12:43 PM UTC

Updated on

November 25, 2019 at 6:33 AM UTC

This article is for subscribers only.

Saudi Aramco will meet investors in Abu Dhabi on Monday to drum up support for its share sale after pitching the offering in Dubai.

Chief Financial Officer Khalid Al-Dabbagh on Sunday briefed potential investors on strategy and dividend plans at the Ritz-Carlton hotel in Dubai’s financial district, according to several participants who attended, but asked not to be identified because the meetings are private.