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Aramco IPO Delay Shows Saudi Confidence

Yesterday came reports that the Saudi Aramco IPO is delayed again, perhaps a month or longer. Most news outlets indicate that the delay is due to an inability to set a valuation for the company, with Prince Mohammed apparently wanting the $2 trillion he mentioned more than three years ago while the …

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10 Reasons Not To Invest In Saudi Aramco

Caution: Men Working. Repairs are underway at the Khurais oil field in Saudi Arabia. Stanislav Krasilnikov/TASS via Getty Images Saudi Aramco may be the world’s most profitable company, with more than $200 billion of pretax income over the past year. But even if the Kingdom manages to launch its IPO …

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