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World Business Report: First broadcast 2019/11/11 01:06 GMT: Saudi Aramco unveils some of its public listing plan

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First broadcast 2019/11/11 01:06 GMT

First broadcast 2019/11/11 01:06 GMT: Saudi Aramco unveils some of its public listing plan

Saudi Aramco unveils some of its public listing plan

BBC World Service - World Business Report, Saudi Aramco unveils some of its public listing plan

The oil giant has published more details of its planned stock market flotation

Oil giant Saudi Aramco has published more details about its planned stock market flotation in a long-awaited prospectus. But there are still big questions, such as how much of the Saudi firm will be sold and even the date of the listing. Dr. Sara Vakhshouri of SVB Energy International in Washington D.C. explains what we know so far and John Sfakianakis, an economist in Riyadh, talks about what the kingdom might plan to do with the proceeds.

Also in the show, the governing Socialist Party in Spain looks set to win the most seats in the general election, but fall short of a majority with almost all results in. The BBC’s Guy Hedgecoe in Madrid explains what these results mean for the short-term future of the country.

We get a preview of the upcoming week from George Conboy, economist and chairman of Brighton Securities in Rochester, New York.

And the BBC’s Ed Butler sits down with Nobel prize-winning economist Esther Duflo to talk about big picture vs. small insights in poverty research.

(Picture: A billboard displaying an advert for Aramco is pictured in the Saudi capital Riyadh on November 10, 2019. Picture credit: FAYEZ NURELDINE/AFP via Getty Images)

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First broadcast 2019/11/11 01:06 GMT: Saudi Aramco unveils some of its public listing plan

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