Saudi Aramco CEO says will not issue more bonds this year

Saudi Aramco CEO Amin Nasser said on Thursday at the Financial Sector Conference in Riyadh that there will be no more Aramco bonds issued this year. (Screenshot/FSC YouTube)
Updated 25 April 2019
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Saudi Aramco CEO says will not issue more bonds this year

  • Nasser said a decision to list an Aramco IPO is up to the Saudi government
  • Oil firm was in discussions with lots of partners around the world regarding gas

RIYADH: Saudi Aramco CEO Amin Nasser said on Thursday that there will be no more Aramco bonds issued this year. 

Nasser said on Thursday that the oil firm was in discussions with lots of partners around the world regarding potential joint ventures or partnerships in international gas.

Speaking in Riyadh, Nasser said a decision to list an Aramco IPO is up to the Saudi government and will be done after its acquisition of a majority stake in Saudi petrochemical maker SABIC is closed.

More to follow...


China media accuses US of plot to ‘colonize global business’

Updated 12 min 4 sec ago
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China media accuses US of plot to ‘colonize global business’

  • The China Daily newspaper on Friday accused Washington of seeking to “colonize global business” by targeting Chinese firms
  • The Global Times accused the US of “hegemonic hubris” and launching a “global assault” on free trade

BEIJING: China’s state media has unleashed fresh attacks on the US as the tariff war between world’s two largest economies continues.
The China Daily newspaper on Friday accused Washington of seeking to “colonize global business” by targeting Chinese firms.
The Global Times accused the US of “hegemonic hubris” and launching a “global assault” on free trade.
The Trump administration last week put Huawei on a blacklist that effectively barred US firms from selling the Chinese company computer chips and other components without government approval. The move could cripple Huawei, the world’s largest manufacturer of networking gear and second-biggest smartphone maker.
Washington has called Huawei a threat to national security.
The Trump administration has imposed 25% tariffs on $250 billion in Chinese imports and has plans to hit another $300 billion worth.