Saudi Crown Prince Promises Aramco IPO by 2021

Saudi Crown Prince Promises Aramco IPO by 2021

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript covers an exclusive interview with Saudi Arabia's Crown Prince Mohammed bin Salman, conducted by Bloomberg's Stephanie Flanders. The discussion highlights the Crown Prince's positive view of Donald Trump despite recent tensions, and his commitment to the Aramco IPO, which is delayed due to a deal with SABIC. The Crown Prince insists the IPO is still in the national interest and aims to raise significant funds for the sovereign wealth fund. The interview also addresses market skepticism about Aramco's valuation and clarifies the strategic importance of the SABIC acquisition.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Saudi Crown Prince view his relationship with U.S. President Donald Trump?

He has a negative view of Trump.

He avoids discussing Trump.

He is indifferent towards Trump.

He loves working with Trump.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Crown Prince's stance on the Aramco IPO?

He has canceled the IPO.

He insists the IPO is still planned.

He has permanently delayed the IPO.

He is unsure about the IPO.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the Aramco IPO being delayed according to the Crown Prince?

To focus on other projects.

Because of a deal involving SABIC.

Due to a lack of investor interest.

To avoid market fluctuations.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ambitious valuation number the Crown Prince has for Aramco?

$2.5 trillion

$2 trillion

$1.5 trillion

$1 trillion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the SABIC deal in relation to the Aramco IPO?

To replace the IPO entirely.

To raise funds for the sovereign wealth fund.

To delay the IPO indefinitely.

To reduce the company's valuation.