Saudi Aramco’s listing on the Saudi Stock Exchange (Tadawul) makes history today, the giant oil producer’s CEO Amin Nasser said during the listing ceremony.
The world’s largest oil exporter will begin a new flourishing phase. Its initial public offering (IPO) was a cornerstone in Saudi Vision 2030 under the sound leadership of Crown Prince Mohammed bin Salman.
“The strong turnout witnessed by the IPO shows confidence in the company’s performance and long-term strategy,” Nasser added.
Saudi Aramco was keen to enhance its strengths to be a full-fledged oil and petrochemical producer.
The company will work always on generating the greatest value to its shareholders despite oil price fluctuations. It will also seek to boost its operating and financial performance.
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