Aramco IPO Delay Could Be 'Blessing in Disguise': Al Dhabi Capital

The transcript discusses the delay of the Ironcolor IPO and its potential impact on the Saudi market. The delay is seen as a possible blessing in disguise, as it prevents a significant liquidity drain from other companies. The discussion highlights the challenges of achieving a $2 trillion valuation for Aramco, considering current oil prices and geopolitical risks. The market's reaction to the delay was positive, with investors returning to the market. The future of the IPO remains uncertain, with potential delays extending into 2020.

Discuss the potential market reactions to the news of the IPO delay.

What factors contribute to the uncertainty surrounding the IPO's valuation?