Saudi market regulator in talks with Aramco on IPO rules


  • World
  • Wednesday, 18 Sep 2019

FILE PHOTO: Logo of Saudi Aramco in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo

RIYADH (Reuters) - Saudi Arabia's Capital Market Authority (CMA) is in talks with Saudi Aramco and its advisers about the regulatory requirements for listing on the domestic stock exchange, its chairman Mohammed bin Abdullah Elkuwaiz told Reuters.

"We continue to have discussions with the company and its advisers on both their readiness, as well as our regulatory requirements for the market," Kuwaiz said on Wednesday.

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