What's new

Saudi Arabia detains 10 princes, dozens of former ministers

It won't be affected much.. it might go on or might be delayed, since there is talk about the IPO to be done in the Saudi financial market instead of abroad (While Trump is pushing very hard for it to be done in the NYSE).. The corruption money recovered will be much more than the IPO itself.. so, let's wait and see..


Trump is getting very active on tweeter regarding the IPO and these recent arrests. Not making much sense.
 
EXCLUSIVE: Inside Saudi Arabia's gilded prison at Riyadh Ritz-Carlton - BBC News


 
Trump was supporting these arrests. And before he tweeted about his wish that Aramco IPO should be listed on NYSE, not Chinese.
I understand.. but those are two different things that happened to come in the same tweet..KSA is still studying the IPO, because there are political aspects to it.. IMO, it will split the IPO on different stock markets, that is the safest way of doing it..
 

Pakistan Defence Latest Posts

Back
Top Bottom