{"id":297221,"date":"2019-10-21T11:18:03","date_gmt":"2019-10-21T05:48:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297221"},"modified":"2019-10-21T11:18:03","modified_gmt":"2019-10-21T05:48:03","slug":"saudi-aramco-says-ipo-timing-depends-on-market-conditions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-says-ipo-timing-depends-on-market-conditions\/","title":{"rendered":"Saudi Aramco says IPO timing depends on &#8216;market conditions&#8217;"},"content":{"rendered":"<p>Saudi Aramco said Sunday the timing of its long-awaited stock market debut &#8220;will depend on market conditions,&#8221; after the latest delay in the blockbuster initial public offering.<\/p>\n<p>The IPO forms the cornerstone of a reform programme conceived by the kingdom&#8217;s de facto ruler Crown Prince Mohammed bin Salman to wean the Saudi economy off its reliance on oil.<\/p>\n<p>Aramco was expected to launch the first part of a two-stage listing in the coming week, but the energy giant decided to push the trading date back to December or January, a person familiar with the situation told AFP last Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco said Sunday the timing of its long-awaited stock market debut &#8220;will depend on market conditions,&#8221; after the latest delay in the blockbuster initial public offering. The IPO forms the cornerstone of a reform programme conceived by the kingdom&#8217;s de facto ruler Crown Prince Mohammed bin Salman to wean the Saudi economy off its reliance on oil. Aramco was expected to launch the first part of a two-stage listing in the coming week, but the energy giant decided to push the trading date back to December or January, a person familiar with the situation told AFP last Thursday.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-297221","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297221","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=297221"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297221\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}