Russian investors eyeing on Saudi Aramco public listing

Russian investors eyeing on Saudi Aramco public listing

14 October 2019 01:03 pm

A number of Russian investors are interested in public stock exchange offered by Saudi Arabian state owned oil company Saudi Aramco, foreign reports said. 

As expressed by Kirill Dmitriev, chief executive officer of Russian Direct Investment Fund (RDIF), a number of Russian investors are interested in the proposed stock exchange of the state-owned oil facility, while a global oil output deal between members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries would be discussed at the meeting in Riyadh ahead of Russian President Vladimir Putin's visit to Saudi Arabia, according to reports.

Following the drone assault on Saudi Aramco oil facilities, Russia had also offered anti-drone weaponry to the middle east, early reports said. 

MIAP