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Extraction Summary

1
People
5
Organizations
7
Locations
2
Events
1
Relationships
3
Quotes

Document Information

Type: Financial research report / market analysis
File Size: 1.29 MB
Summary

This is a page from a Merrill Lynch research report dated June 30, 2016, titled 'GEMs Paper #26'. It analyzes the potential financial impact of increasing foreign ownership limits in Saudi Arabia and the hypothetical IPO of Saudi Aramco. The report cites a US$2 trillion valuation for Aramco (attributed to the Deputy Crown Prince) and projects potential capital inflows of over US$30 billion if included in the MSCI Emerging Markets index. The document bears a 'HOUSE_OVERSIGHT' stamp, indicating it was produced as part of a congressional investigation.

People (1)

Name Role Context
Deputy Crown Prince Government Official (Saudi Arabia)
Referenced as the source for the hypothetical valuation of Saudi Aramco at US$2tn.

Organizations (5)

Name Type Context
Merrill Lynch
Producer of the research report (BofA Merrill Lynch Global Research).
Saudi Aramco
Subject of potential IPO and valuation analysis.
MSCI
Morgan Stanley Capital International; entity managing the Emerging Markets (EM) index.
CMA
Capital Market Authority (Saudi Arabia); mentioned regarding foreign ownership announcements.
House Oversight Committee
Indicated by the Bates stamp 'HOUSE_OVERSIGHT_016157', suggesting this document was part of a congressional investiga...

Timeline (2 events)

2016-06-30
Publication of GEMs Paper #26 by Merrill Lynch.
Global
Future (relative to 2016)
Potential IPO of Saudi Aramco.
Saudi Arabia
Saudi Aramco Saudi Government

Locations (7)

Location Context
Primary subject of the economic analysis.
Listed in Chart 52 legend.
Listed in Chart 52 legend.
Listed in Chart 52 legend.
Listed in Chart 52 legend.
Listed in Chart 52 legend.
Listed in Chart 52 legend.

Relationships (1)

Deputy Crown Prince Government Oversight/Valuation Source Saudi Aramco
Report cites the Deputy Crown Prince's hypothetical valuation of the company.

Key Quotes (3)

"Saudi Arabia (according to local press and the NTP) is seeking a number of privatisations in the coming 24 months, including a potential IPO of Aramco."
Source
HOUSE_OVERSIGHT_016157.jpg
Quote #1
"using the Deputy Crown Prince hypothetical valuation of US$2tn for Saudi Aramco"
Source
HOUSE_OVERSIGHT_016157.jpg
Quote #2
"Saudi Arabia would account for 4.1% of the MSCI EM index and likely attract cUS$31bn of inflows"
Source
HOUSE_OVERSIGHT_016157.jpg
Quote #3

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