The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Calling all women and children: Aramco widens net in bid to secure valuation

Saudi Aramco’s intention to list aims to clear up any doubts wealth managers may have about investing on behalf of women, but it also draws attention to the fact that, despite reforms, the full inclusion of women in Saudi society is still a distant reality.

vf-banner-caricature-investment-780.jpg

Mothers, widows and female divorcees may not be the most common subset of investors in an international IPO but Saudi Aramco’s pre-offering document is appealing to this particular demographic in a bid to secure its valuation target.

On November 3, Aramco revealed its intention to list on the Saudi stock exchange, or Tadawul, starting the formal investor education process for the listing ‒ which analysts estimate could be anywhere from just above $1 trillion to $2 trillion. It is targeting both domestic and international investors.

The sale of the world’s largest oil company is at the heart of Saudi Arabia’s national transformation plan ‒ a successful deal will mark not only a major step in the opening up of Saudi’s economy but a vote of confidence in Crown Prince Mohammed bin Salman’s Vision 2030.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of acces below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£68.33 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree