Al-Alimi warns U.S. over regional security
The article focused on Saudi Arabia's ambitious plan to issue 5% of Saudi Aramco's publicly traded shares on the stock market. This initial public offering (IPO) is expected to commence between the end of 2026 and early 2027, with Saudi Arabia aiming to raise around $40 billion from the process. Sources indicated that the Saudi government is working on preparing the company's financial and operational structure, with expectations that the offering will be carried out in stages in the upcoming period. The plan also includes setting a start date for the offering between late 2026 and early 2027, targeting the issuance of approximately 44 billion shares, along with an approximate review of the number of shares and the amount to be raised. This step is part of Saudi Arabia's efforts to diversify its revenue sources and stimulate the local financial market, with a focus on strengthening Aramco's position as a primary source of national income.
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