RIYADH: Saudi Aramco is expected to make a decision within weeks on where to list shares in its initial public offering, the Financial Times reported on June 4. The oil producer’s legal advisers have warned that a New York listing would pose the greatest risk of any jurisdiction, the FT said.
One alternative option is the London Stock Exchange, which has been considering the creation of a new type of listing that would accommodate Aramco’s governance structure.
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Rs2.37 per unit hike in electricity tariff under the monthly...
ISLAMABAD: Ambassador of the Republic of Türkiye to Pakistan, Dr. İrfan Neziroğlu, has called for transforming the longstanding brotherly relations...
GILGIT: Gilgit-Baltistan Chief Minister Amjad Hussain Azar has launched an online registration system allowing local traders to apply for tax...
ISLAMABAD: The threat of artificial intelligence (AI)-powered cyberattacks against Pakistan’s financial institutions and critical infrastructure is increasing, prompting the National...
