{"id":397621,"date":"2021-01-28T12:10:57","date_gmt":"2021-01-28T06:40:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397621"},"modified":"2021-01-28T13:31:43","modified_gmt":"2021-01-28T08:01:43","slug":"saudi-aramco-may-sell-more-shares-if-market-conditions-are-right","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-may-sell-more-shares-if-market-conditions-are-right\/","title":{"rendered":"Saudi Aramco may sell more shares if market conditions are right"},"content":{"rendered":"<p>Saudi Aramco&#8217;s shareholders may consider selling more shares of the company if market conditions are right, the head of the kingdom&#8217;s sovereign wealth fund (PIF), Yasir al-Rumayyan, said on Tuesday in a televised news briefing. <\/p>\n<p>The Saudi government sold over 1.7 per cent stake in Aramco in an initial public offering (IPO) in 2019 that raised a record $29.4 billion.<\/p>\n<p>The listing has triggered more IPOs in the kingdom, which is also seeking to deepen its capital markets under reforms aimed at reducing its reliance on oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco&#8217;s shareholders may consider selling more shares of the company if market conditions are right, the head of the kingdom&#8217;s sovereign wealth fund (PIF), Yasir al-Rumayyan, said on Tuesday in a televised news briefing. The Saudi government sold over 1.7 per cent stake in Aramco in an initial public offering (IPO) in 2019 that raised a record $29.4 billion. The listing has triggered more IPOs in the kingdom, which is also seeking to deepen its capital markets under reforms aimed at reducing its reliance on oil.<\/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-397621","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\/397621","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=397621"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397621\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}