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In televised remarks, Saudi Arabia’s crown prince said the kingdom was in discussions to sell 1% of Saudi Aramco to a leading energy company. The crown prince announced in 2016 to list a 5% stake in Aramco, but due to lack of interest beyond the Gulf, ended up selling a 1.7% stake in 2019.

Saudi Arabia in talks to sell 1% of Aramco

In televised remarks, Saudi Arabia’s crown prince said the kingdom was in discussions to sell 1% of Saudi Aramco to a leading energy company. The crown prince announced in 2016 to list a 5% stake in Aramco, but due to lack of interest beyond the Gulf, ended up selling a 1.7% stake in 2019.

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