Set the Date, Aramco Gets the Green Light for World's Biggest IPO

The transcript discusses the anticipated IPO decision by Saudi Aramco, expected to be finalized soon. It outlines the IPO process, including a roadshow and compressed timeline for analyst reports. The focus is on local listing in Riyadh, targeting wealthy Saudi individuals and sovereign wealth funds. The transcript also covers the impact of recent attacks on oil supply, leading to a significant deficit and its effect on oil prices, despite the reduced supply.

What is the expected timeline for the Saudi Aramco IPO to start trading?

• By the end of October

• By the end of November

• By the end of January

• By the end of December

Where will the Saudi Aramco shares be initially listed?

• New York Stock Exchange

• London Stock Exchange

• Riyadh Stock Exchange

• Tokyo Stock Exchange

Which group of investors is Saudi Arabia primarily targeting for the Aramco IPO?

• European Union investors

• Local Saudi investors

• Australian pension funds

• American hedge funds

What was the impact of the attacks on Saudi oil output in the third quarter?

• Increased oil prices

• Decreased oil prices

• No change in oil prices

• Stabilized oil prices

What was the reported supply deficit in the third quarter due to the attacks?

• 1 million barrels

• 2.5 million barrels

• 3 million barrels

• 4 million barrels