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Saudi Arabia Considers Abandoning Saudi Aramco Overseas Listing Plan
Oct 17, 2017

According to informed sources, the officials of Saudi Arabian state-owned oil company are considering abandoning the plans of listing in New York, London or any other foreign stock markets, and may only be listed on the Saudi Riyadh Stock Exchange.

According to a person familiar with the matter, Saudi Arabia received a proposal by a Chinese investor to buy shares of the oil company and they were considering the proposal.

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