• About Us
    • Overview
    • Board of Directors
    • Team Members
    • Careers & Internships
    • Contact Us
  • Membership
    • Member Directory
    • Member Benefits
    • Meet Our Members
    • Inquire Now
    • Apply Now
  • Services
  • Events
    • View All Events
    • USSBC Webinars
  • Reports
  • Resources
  • My Dashboard
  • Log In
USSBCUSSBC
  • About Us
    • Overview
    • Board of Directors
    • Team Members
    • Careers & Internships
    • Contact Us
  • Membership
    • Member Directory
    • Member Benefits
    • Meet Our Members
    • Inquire Now
    • Apply Now
  • Services
  • Events
    • View All Events
    • USSBC Webinars
  • Reports
  • Resources
  • My Dashboard
  • Log In

Aramco Launches Possibly Largest IPO in Financial Markets History

November 4, 2019 News Bulletin

November 4, 2019 – Saudi Aramco launched its long-anticipated initial public offering (IPO) on Saudi Arabia’s stock exchange market, Tadawul, on Sunday. With the company’s estimated $2 trillion value, the IPO is expected to be one of the largest on record in terms of valuation. The company is expecting to sell shares starting mid-December in only the local market before expanding into an international IPO. Although large Saudi investment companies that are already active in Tadawul are potential investors, international firms, given that they meet the Capital Markets Authority’s requirements for foreign investment in Tadawul, are also able to partake in the IPO. Saudi nationals as well as non-Saudi individuals that reside in Saudi Arabia, or any GCC country, are also eligible to buy and trade shares. As of now, the value of the company, price of shares, and percentage of national and international investors are yet to be decided.

Tags: AramcoBusinessInvestmentSaudi ArabiatradeUS Saudi Arabian Business Council
Share
0

You also might be interested in

Post-Event Summary: Minnesota and Washington State Roadshows

Post-Event Summary: Minnesota and Washington State Roadshows

Aug 5, 2022

Minnesota The U.S.-Saudi Business Council (USSBC), along with the Minnesota[...]

AL WAHA Petrochemicals to Use
Honeywell’s Connected Performance Services

Jan 30, 2017

Honeywell’s Connected Performance Services (CPS) will be used by AL[...]

U.S.-Saudi Business Council Participates in Global Health Exhibition 2024 in Riyadh

U.S.-Saudi Business Council Participates in Global Health Exhibition 2024 in Riyadh

Nov 5, 2024

The U.S.-Saudi Business Council (USSBC) recently participated in the Global[...]

  • About Us
  • Membership
  • Visa Services
  • Events & Programs
  • Advisory Services
  • Resources
  • Store

Contact Us

Please feel free to send us a quick message and we'll get back to you, as soon as possible!

Send Message

United States Office

U.S.-Saudi Business Council
8000 Towers Crescent Drive Suite: 1275
Box # 1729
Vienna, Virginia 22182

703-962-9300

info@ussaudi.org

Saudi Arabian Office

Riyadh, Olaya Towers, Tower B – 18th Floor Kingdom of Saudi Arabia

966-11-476-2697
966-11-474-2555
966-11-474-3555

ussaudibc@us-sabc.org

Follow USSBC

Stay informed on the latest trends, opportunities, and key developments in the U.S. and Saudi markets, including government reforms and trade insights.

SUBSCRIBE

© 2025 — U.S.-Saudi Arabian Business Council | Web Design by Advanced Technical Solutions

  • Home
  • Contact Us
  • Become a Member
  • Privacy Policy
Prev Next