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: Oil and Gas Regulatory Authority (OGRA) has approved export of up to 40,000 metric tonnes of furnace oil for...
KARACHI: Around 3,000 containers destined for Iran remain stranded at Karachi port as vessels scheduled to collect them have failed...
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry has announced plans to provide strategic guidelines to the Federal...
LAHORE: The Government of Pakistan has reiterated its commitment to strengthening women empowerment and expanding microenterprise development as key drivers...
