Domestic demands and Aramco’s IPO

An advertisement advertising the planned Saudi Aramco initial public offering (IPO) sits on display at the Corniche coastline in Jeddah, Saudi Arabia, on Friday, Nov. 8, 2019. Saudi Arabia’s Crown Prince Mohammed Bin Salman may have lowered his valuation-target for Saudi Aramco as it prepares an initial public offering, but some of the world’s biggest investors say he’s not gone far enough. Photographer: Rodney Jefferson/Bloomberg
An advertisement advertising the planned Saudi Aramco initial public offering (IPO) sits on display at the Corniche coastline in Jeddah, Saudi Arabia, on Friday, Nov. 8, 2019. Saudi Arabia’s Crown Prince Mohammed Bin Salman may have lowered his valuation-target for Saudi Aramco as it prepares an initial public offering, but some of the world’s biggest investors say he’s not gone far enough. Photographer: Rodney Jefferson/Bloomberg

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