BFM 89.9

One moment please...

Podcast  >  Morning Run  >  Morning Brief  >  Aramco IPO - The Start Of The Saudi Economy Overhaul?

Aramco IPO - The Start Of The Saudi Economy Overhaul?

Salih Yilmaz, Research Analyst, Bloomberg Intelligence

06-Dec-19 07:10

Aramco

Saudi Aramco announced the final price of its IPO at 32 riyals per share (around USD8.50)] valuing the world’s most profitable company at 1.7 trillion dollars. It raised $25.6 billion as is now the world’s biggest IPO. This deal has been synonymous with Crown Prince Mohammed Bin Salman and his plans to reshape the nation, but at 1.5% of the firm, is it enough to get his ambitious plan to overhaul the economy back on track considering that he once wanted $100 billion?


Presented by: Roshan Kanesan

Tags:  Saudi ArabiaSaudi AramcoIPOCrown Prince Mohammed Bin Salman

Business
Money

Share this podcast

Latest Podcasts

BFM 89.9 -- Happy Lunar New Year

Welcome to BFM


You're one tap away from great content.


Sign up for a free BFM account and access our entire podcast library to your heart's content.


Terms & Conditions      Privacy Policy



Play / Pause

Listen now :

Today’s Shows



6:00 AM

The 6AM Stretch

7:05 AM

Market Watch

7:15 AM

Morning Brief

8:05 AM

The Breakfast Grille

Alex Yeow, Group CEO, Tropicana Corp Group

8:30 AM

Morning Brief

9:00 AM

Opening Bell

9:35 AM

Spotlight

10:05 AM

Open For Business

Spa Services At Home

11:05 AM

Resource Centre

Marketing Mojo: Digital Marketing in the New Decade

12:00 PM

Enterprise Biz Bytes

1:00 PM

The Breakfast Grille Repeat

Alex Yeow, Group CEO, Tropicana Corp Group

2:05 PM

The Daily Digest

3:05 PM

Front Row

4:05 PM

Health and Living

Researching Stroke Biomarkers

5:05 PM

The Evening Edition

8:05 PM

By The Book

9:00 PM

Bar None

10:00 PM

33RPM