{"id":41444,"date":"2019-11-04T12:23:47","date_gmt":"2019-11-04T12:23:47","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41444"},"modified":"2019-11-04T12:23:47","modified_gmt":"2019-11-04T12:23:47","slug":"worlds-most-profitable-company-to-ipo","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41444","title":{"rendered":"World&#8217;s most profitable company to IPO"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">London (CNN Business)<\/cite>Saudi Arabia is moving forward with an initial public offering of its huge state oil producer that could shatter records and give investors the chance to own a piece of the world&#8217;s most profitable company. <\/p>\n<div class=\"zn-body__paragraph speakable\">Following approval from the country&#8217;s regulators, <a href=\"https:\/\/edition.cnn.com\/2019\/10\/09\/investing\/saudi-aramco-ipo\/index.html\" target=\"_blank\">Saudi Aramco<\/a> on Sunday formally announced its intention to float shares on the Tadawul exchange in Riyadh. Aramco executives will now embark on an international roadshow to court investors, and a prospectus outlining the company&#8217;s financial details is expected later this month.<\/div>\n<div class=\"zn-body__paragraph speakable\">&#8220;(The IPO) will increase our international visibility as the leading company in the world,&#8221; CEO Amin Nasser said at a press conference. He declined to comment on the company&#8217;s valuation, which executives<strong> <\/strong>said would be determined following consultation with potential investors.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>London (CNN Business)Saudi Arabia is moving forward with an initial public offering of its huge state oil producer that could shatter records and give investors the chance to own a piece of the world&#8217;s most profitable company. Following approval from the country&#8217;s regulators, Saudi Aramco on Sunday formally announced its intention to float shares on&hellip;<\/p>\n","protected":false},"author":10,"featured_media":41445,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-41444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41444"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/41445"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}