Leaders from China and Southeast Asia states called for swift agreement on what could become the world's largest trade bloc at a regional summit on Sunday, but new demands from India left officials scrambling to salvage progress.
Saudi Arabia's state oil company kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse as the kingdom seeks to diversify and create the world's most valuable listed company.
Saudi Aramco's chairman Yasser al-Rumayyan said on Sunday the state oil giant would continue to meet its global oil supply demand after it lists on the Riyadh bourse.
Saudi Arabia's state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to list nearly four years after Crown Prince Mohammed bin Salman first floated the idea.
The Saudi government is working to accelerate the listing process for Saudi Aramco's initial public offering on the Saudi stock exchange to around two weeks, an executive from NCB Capital said on Sunday.
Saudi Arabia's state oil company kicked off its initial public offering (IPO) on Sunday by announcing its intention to float on the Riyadh bourse.
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
Saudi Aramco chairman, Yasir al-Rumayyan, expects strong demand from global institutions for Aramco's initial public offering (IPO), he told Al Arabiya news channel.
The registration-based mechanism for initial public offerings (IPOs) that underpins the successful launch of Shanghai's Nasdaq-style STAR Market will be rolled out on Shenzhen's start-up board ChiNext, China's top securities regulator said on Sunday.
Southeast Asian leaders, worried by the U.S.-China trade war, pushed for a deal on what could be the world's largest trade bloc on Sunday as officials worked behind the scenes to try to salvage progress following new demands from India.
Saudi Arabia kick-started Aramco's initial public offering (IPO) on Sunday as its market regulator approved the oil giant's application to list on the domestic bourse and create the world's most valuable listed firm.
Southeast Asian leaders, worried by the U.S.-China trade war, pushed for a deal on what could be the world's largest trade bloc on Sunday as officials worked behind the scenes to try to salvage progress following new demands from India.
Saudi Aramco, the Saudi state oil giant, said it posted a net income of $68 billion during the nine-month period ending on September 30.
A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said on Sunday.
Saudi Aramco said it does not expect a recent attack on its oil plants to have a material impact on finances and operations as it launched an initial public offering (IPO) on Sunday by announcing its intent for a domestic flotation.