ReutersThe stock market flotation of one of the world’s most profitable firms is coming “soon”, the Saudi energy minister has said.
Prince Abdulaziz bin Salman said the decision on when to list Aramco rested with Crown Prince Mohammed bin Salman.
The energy minister was giving a speech at the Future Investment Initiative conference in Riyadh.
Last year’s event was overshadowed by the murder of Saudi journalist Jamal Khashoggi.
This led to dozens of Western leaders and executives boycotting the gathering last year.
But on Tuesday, the bosses of HSBC, Blackstone, BlackRock, Colony Capital and Evercore were among the crowd at the Ritz Carlton luxury hotel.
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