An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
Bankers and analysts have said a $1.2tn to $1.5tn valuation is more realistic © Reuters
Saudi Aramco launched its long-awaited initial public offering on Sunday after delays triggered by doubts over the ability of the world’s most profitable company to secure the $2tn valuation coveted by the oil-rich kingdom’s Crown Prince Mohammed bin Salman.
The listing of the state energy fi
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