Tuesday, August 28, 2018

Middle East Eye: Uncertainty around Aramco IPO shows Saudi dysfunction

By SIMON CONSTABLE

The apparent delay in the sale of Saudi Arabia's mammoth-sized oil firm Aramco is a symptom of dysfunctional government, analysts say. 
It is just one example of bizarreness emanating from the kingdom, which says it wants to unhook its economy from oil dependence.
Earlier this month, a slew of conflicting reports broke claiming that the initial public offering (IPO) of the state-owned oil company was either off or delayed. Read more here.

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