Ziad Al-Murshed

Saudi Arabia Tests Investor Interest with $13.1B Aramco Share Sale

Saudi Arabia launched a $13.1 billion secondary offering of Aramco shares in June 2024, selling up to 0.7% of the state-owned oil giant to fund Vision 2030. International investors remain wary over governance and fossil-fuel concerns, but domestic demand is expected to anchor

1 Jun 2024