Categories: Business

Saudi CMA approves registration and IPO of Aramco’s Luberef shares


Thu, 2022-11-24 18:18

RIYADH: Saudi Arabia’s Capital Market Authority has approved the registration and initial public offering of 50 million shares of Saudi Aramco Base Oil Co.’s Luberef refinery unit, accounting for 29.6 percent of the firm’s share capital, according to a statement.

Main category:
Business & Economy



Source link

gulftimes

Recent Posts

How to check your breasts, after Lucy Davis reveals terminal cancer diagnosis

The NHS says to check your breasts, external or chest about once a month.That helps…

44 minutes ago

US ‘Digging In’ Across Indo-Pacific, Not Retreating From Asia, Pentagon Says as Allies Urged to Boost Defence

The United States has reaffirmed its long-term commitment to the Indo-Pacific, dismissing concerns that Washington…

9 hours ago

Children as young as nine hurt in growing number of e-scooter crashes

Most of the incidents in Manchester, Liverpool and Sheffield involved private e-scooters, often on public…

12 hours ago

Lebanon parliament votes to abolish death penalty

Lebanon's parliament has voted to abolish the death penalty, a move that would make it…

20 hours ago

Houthis kill three in first deadly attack since start of Iran war – reports

Three people have reportedly been killed in a Houthi attack on a small cargo ship…

21 hours ago

Ebola deaths top 2,000 as scientists race to develop vaccine

The current Ebola outbreak caused by the Bundibugyo species, was declared by DRC health officials…

23 hours ago