WorldNews Posted December 25, 2016 Share Posted December 25, 2016 http://www.offtopic.forum/data/MetaMirrorCache/bf38f1eed981cc2ef6e5f6e1a8578feb.jpgA Saudi financial newspaper Sunday retracted an article it published the previous day saying that Riyadh planned to sell a 49 percent stake in state-owned oil giant Saudi Aramco within a decade. "Al-Eqtisadiah apologises for the information published on Aramco," said the paper, which like most media in Saudi Arabia is close to the authorities. The IPO for state-owned Aramco could take place in 2018 and an initial sale of a five percent share is expected to form the basis for the fund holding around $2 trillion in assets. Continue reading... Quote Link to comment Share on other sites More sharing options...
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