403
Sorry!!
Error! We're sorry, but the page you were
looking for doesn't exist.
Saudi Aramco to consider India as part of Asian expansion
(MENAFN) Saudi Aramco was revealed to be viewing a step forward into its Asian expansion plan and move ahead to India.
Aramco CEO Amin Nasser declared that the state oil company is "looking at additional investments in China, and India is also a very important destination which we are giving great consideration, and (where we are) currently in discussion with some companies."
Aiming to generate over $100 billion in the initial public offer, the Kingdom confirmed its strategy to sell 5% of Aramco.
The CEO stated "at the moment, we are prepared for a listing in the second half of 2018."
Aramco CEO Amin Nasser declared that the state oil company is "looking at additional investments in China, and India is also a very important destination which we are giving great consideration, and (where we are) currently in discussion with some companies."
Aiming to generate over $100 billion in the initial public offer, the Kingdom confirmed its strategy to sell 5% of Aramco.
The CEO stated "at the moment, we are prepared for a listing in the second half of 2018."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Comments
No comment