[Jeddah (Saudi Arabia) 17 Reuters]-Saudi Aramco Chairman Yasir Arrumayan said Aramco's initial public offering (IPO) will be ready within the next 12 months. Saudi Arabia is committed to Aramco's IPO.
During the press conference, the chairman pointed out that an attack on the Saudi oil facility occurred on the weekend, but Aramco ’s IPO “will continue”. The IPO also said that it depends on market conditions.