Aramco delay the latest blow to EM IPOs

Sam Kerr

August 23, 2018 04:30 pm

Aramco_chair_PA_230x150 — MOSCOW, RUSSIA - OCTOBER 5, 2017: Khalid A. Al-Falih, Saudi Arabia's Minister of Energy, Industry and Mineral Resources and chairman of the board of directors at Saudi Arabian Oil Company (Saudi Aramco), at a plenary session at the 2017 Russian Energy Week, an energy efficiency and energy development international forum, at the Manege Central Exhibition Hall. Artyom Korotayev/TASS | Artyom Korotayev/Tass/PA Images

The postponement of the Saudi Aramco's IPO is just the latest blow to emerging market (EM) equities. Volatility is biting ever harder, taking lumps out of an ever dwindling autumn pipeline. Sam Kerr reports.

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Topics

Equity IPOs Equity Middle East Saudi Arabia Emerging Markets EMEA Middle East Equity EM Middle East GCC

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Sam Kerr