DHAHRAN, Saudi Arabia, Nov 3 (Reuters) - Saudi Aramco’s chairman Yasser al-Rumayyan said on Sunday the state oil giant would continue to meet its global oil supply demand after it lists on the Riyadh bourse.
Rumayyan was speaking after Aramco kick-started its initial public offering (IPO) earlier on Sunday, officially announcing its intention to list on the domestic bourse, Tadawul.
Rumayyan also said the local listing was a reflection of a strong global position.
“Listing Aramco on Tadawul proves its strong position among global markets,” he told a news conference. (Reporting by Rania El Gamal and Marwa Rashad Editing by Frances Kerry)
Our Standards: The Thomson Reuters Trust Principles.