Saudi Aramco has finally launched its long-delayed partial privatisation, offering local investors a chance to buy shares in the world’s most valuable company that produces 10% of global oil supplies.
“Today is the right opportunity for new investors to reap the benefits of Aramco’s ability to achieve value, and boost it on the long-term,” Aramco chairman Yasir al-Rumayyan told a news conference at the company’s headquarters in Dhahran on Sunday.
