Comments on Middle Eastern IPOs in MEES Weekly Outlook, 16 Feb 2018

22 February, 2018
read 1 minute

Dr. Saidi’s comments on the prospects for Middle Eastern IPOs are highlighted below: 
On the Aramco IPO:
“The domestic portion is likely to be listed this year on the Tadawul. This is important to achieve domestic ‘buy-in’ to the policy of liberalization and privatization,” says Mr Saidi. “It is too early to make a call on the international segment. But it could be either an international listing or a private placement with China a good contender given the strong interest of Chinese SWFs.”
On the pipeline:
“Regional energy giants such as Oman’s PDO and Iraq state oil marketer SOMO are expected to set up entities with an eye towards potential listings this year or next. The aim is to boost revenues: they have also announced plans for higher spending,” Dubai-based economic consultant Nasser Saidi tells MEES.
To download and access the full article on Pages 14&15 of the MEES publication (Weekly Energy, Economic & Geopolitical Outlook, Vol. 61, No. 07, 16 Feb 2018), click here.

Read Next

media page

Comments on “Was Lebanon the world’s biggest Ponzi scheme?” in Arab News, Aug 9 2022

Dr. Nasser Saidi’s comments appeared in an Arab News article titled “Was Lebanon the world’s

10 August, 2022

MENA Economics

Comments in the Economist’s article “An oil windfall offers Gulf states one last chance to splurge”, 7 Aug 2022

Dr. Nasser Saidi’s comments appeared in The Economist’s article titled “An oil windfall offers Gulf states

8 August, 2022

TV and radio

Bloomberg Daybreak Middle East Interview, 22 Jul 2022

Aathira Prasad joined Yousef Gamal El-Din on 22nd of July, 2022 as part of the

25 July, 2022