Saudi Crown Prince approves kick-off of Aramco IPO on Sunday: sources

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Saudi Crown Prince approves kick-off of Aramco IPO on Sunday: sources
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Saudi Arabia's Crown Prince Mohammed bin Salman on Friday agreed that the i...

FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo

The final meeting by the Saudi government on Friday evening was to decide whether to go ahead with the listing. The listing is the centerpiece of the crown prince’s plan to shake up the Saudi economy and diversify away from oil. But there have been various delays since it was first announced in 2016.

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