January 01, 2017
Target window for the potential start of the privatization/IPO of Saudi Aramco.
| Name | Type | Mentions | |
|---|---|---|---|
| Saudi Government | person | 0 | View Entity |
| Saudi Aramco | organization | 39 | View Entity |
HOUSE_OVERSIGHT_016120.jpg
This document is a Merrill Lynch research paper ('GEMs Paper #26') dated June 30, 2016, analyzing the potential privatization and IPO of Saudi Aramco as proposed by Deputy Crown Prince Mohammed bin Salman. It details the strategic economic shift for Saudi Arabia, citing a potential $2 trillion valuation, plans to sell less than 5% of the company, and the geopolitical implications of Saudi oil exports to the US and Asia. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating its inclusion in a congressional investigation.
Events with shared participants
Target date for NTP (National Transformation Program) objectives.
2020-01-01 • Saudi Arabia
Start of Saudi privatization program and creation of Supreme Economic Council
1999-01-01 • Saudi Arabia
Privatization of municipal services, transport, airports, and ports.
Date unknown • Saudi Arabia
Potential IPO of Saudi Aramco.
Date unknown • Saudi Arabia
Projected effective date for the new land tax law.
2016-12-31 • Saudi Arabia
Release of the National Transformation Plan (NTP)
2016-01-01 • Saudi Arabia
Saudi Aramco raised a US$10bn syndicated loan
2015-03-31 • Saudi Arabia
Budget announcement
2016-01-01 • Saudi Arabia
Expected implementation of VAT with 5% yield
2018-01-01 • Saudi Arabia
Target date for private sector to fund 35% of healthcare spend (National Transformation Plan)
2020-01-01 • Saudi Arabia
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