Saudi Arabia cancels Aramco IPO, minister denies.

THE largest IPO in history has reportedly been called off as Saudi Arabia scraps its plans to publically list state-owned oiler Saudi Aramco, which supplies 10% of world oil.

23 August 2018
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Saudi Minister of Energy, Industry and Mineral Resources and Chairman of Saudi Aramco Khalid al-Falih however is disputing the reports.

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