Aramco IPO Will Be Done ‘When We’re Ready,’ Says Tadawul CEO

The transcript discusses the anticipated Aramco IPO, the Saudi Stock Exchange's position, and the impact of Aramco's bond issuance on the IPO timeline. It highlights efforts to attract international investors by adhering to international standards and addressing concerns post-Khashoggi incident. The Saudi market's resilience and positive cash inflows are emphasized, showcasing confidence in its stability despite challenges.

What is the role of the Saudi Stock Exchange in the Aramco IPO?

• It confirms the IPO plans.

• It sets the IPO price.

• It decides the IPO date.

• It remains neutral and supportive.

How does the bond issuance by Aramco relate to its IPO?

• It is part of the IPO preparation.

• It is unrelated to the IPO.

• It accelerates the IPO.

• It delays the IPO.

What is the significance of Aramco sharing its financials with the world?

• It is for internal assessment.

• It aims to attract foreign investors.

• It is a legal requirement.

• It is to increase local investments.

What is one strategy Saudi Arabia uses to attract international investors?

• Offering tax incentives

• Guaranteeing high returns

• Providing free shares

• Implementing international standards

What is the impact of the MSCI emerging market category on Saudi investments?

• It excludes Saudi Arabia.

• It limits foreign investments.

• It decreases investment options.

• It increases competition with China.

What has been the impact of geopolitical events on investor confidence in Saudi Arabia?

• It has slightly increased.

• It has remained unchanged.

• It has been mitigated by market performance.

• It has significantly decreased.

How has the Saudi market performed since the beginning of the year?

• It has shown negative growth.

• It has remained stagnant.

• It has shown positive cash inflows.

• It has decreased in investor interest.