Saudi Crown Prince Promises Aramco IPO by 2021

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.

What ambitious valuation did the Crown Prince set for Aramco?

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