Saudi Aramco’s record IPO starts Nov 17, prospectus says

Dawn | Nov 10, 2019 at 11:58 AM
  • Saudi Aramco’s much-anticipated initial public offering will begin on November 17, the company’s prospectus said.
  • It would be the world’s biggest if it eclipses Chinese retail giant Alibaba’s $25 billion listing in 2014.
  • The company, a cash cow that catapulted the kingdom to become the Arab world’s biggest economy, also holds enormous appeal for retail investors.