Latest reports from Reuters News claims that Saudi Arabia has canceled the proposed public listing of Saudi Aramco, its state-owned oil corporation. The report claimed that Saudi Arabia has also disbanded the financial advisors for the deal. According to unnamed sources, the country will instead buy a strategic stake in […]
Tag: Saudi Aramco
Saudi Arabia’s national oil company, Saudi Aramco is reported to have appointed Khalid al-Dabbagh as its vice president of finance. It would be recalled that Reuters reported on June 5 that Dabbagh took over the finance department on an interim basis at the world’s largest oil producer, succeeding Abdallah al-Saadan.