Riyadh, NYSE in talks over Aramco IPO

WASHINGTON: Saudi Arabia was having “serious discussions” with the New York Stock Exchange (NYSE) about having the NYSE as one of the exchanges for state oil giant Saudi Aramco’s initial public offering (IPO), the Saudi foreign minister told Fox News on Thursday. “Our objective is to try to complete the IPO in 2018. There are discussions about having NYSE be one of the exchanges for the Aramco IPO, and I believe the decision will be made on financial merits,” said Adel alJubeir. Agencies