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Life After Aramco Includes Plenty More IPOs for Saudi Arabia

  • Riyadh’s market was the hottest Gulf venue again this year
  • ACWA Power, Sabic and STC units among those expected to list
SAUDI-ARAMCO-ENERGY-STOCKS

Photographer: Fayez Nureldine/AFP/Getty Images

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One year on from oil giant Saudi Aramco’s record-busting initial public offering in Riyadh, the exchange has continued to enjoy a steady stream of listings. And deals are already lining up for 2021.