{"id":290160,"date":"2019-09-03T05:55:50","date_gmt":"2019-09-03T05:55:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=290160"},"modified":"2019-09-03T06:07:51","modified_gmt":"2019-09-03T06:07:51","slug":"saudi-aramco-gets-new-chairman","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-gets-new-chairman\/","title":{"rendered":"Saudi Aramco gets new chairman"},"content":{"rendered":"<p>Saudi Arabia&#8217;s energy minister says the head of the kingdom&#8217;s sovereign wealth fund is replacing him as chairman of the board of Saudi Aramco as the state-run oil giant plans an initial public offering. <\/p>\n<p>The move puts some distance between Khalid al-Falih&#8217;s energy ministry portfolio and Aramco, which Saudi officials say could be listed in 2020 or 2021. Al-Falih described Yasir al-Rumayyan&#8217;s appointment on Twitter Monday as &#8220;an important step to prepare the company for a public offering.&#8221; Crown Prince <\/p>\n<p>Mohammed bin Salman first announced plans for a partial IPO in 2016. The world&#8217;s most profitable company plans to list in Saudi Arabia and on an international exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia&#8217;s energy minister says the head of the kingdom&#8217;s sovereign wealth fund is replacing him as chairman of the board of Saudi Aramco as the state-run oil giant plans an initial public offering. The move puts some distance between Khalid al-Falih&#8217;s energy ministry portfolio and Aramco, which Saudi officials say could be listed in 2020 or 2021. Al-Falih described Yasir al-Rumayyan&#8217;s appointment on Twitter Monday as &#8220;an important step to prepare the company for a public offering.&#8221; Crown Prince Mohammed bin Salman first announced plans for a partial IPO in 2016. The world&#8217;s most profitable company plans to list [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-290160","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/290160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=290160"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/290160\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=290160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=290160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=290160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}