Zachary Cefaratti | Source | Founder & CEO at Dalma Capital
Zachary Cefaratti
Founder & CEO at Dalma Capital
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Aramco will have a sizable weight of nearly 10% in the Saudi local market index based the current price range and stake, and Saudi Arabia’s weight in the MSCI Emerging Markets index will also increase as a result.
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Saudi Aramco's IPO is set to value the oil giant at up to $1.7 trillionThe figure is below the $2 trillion that the Saudi crown prince had previously targeted.
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