Preparing For The Aramco IPO

Saudi Aramco is scheduled to release its prospectus this Saturday, and shares will officially start trading on the local Tadawul stock exchange in December.  Shares are only listed on the Saudi Tadawul exchange, but the Saudis want global investors. At home, it’s one thing: There’s no way Aramco will fail to ‘attract’ local investors because it’s basically a do-or-die setup. Big names are expected to invest, and they will risk a lot to do so. That was the message of the Crown Prince’s earlier purge and arrest…