What does the Aramco IPO tell us about Saudi reforms?
It became the most valuable listed company in history - so why all the scrutiny? Having struggled to win foreign backing for Aramco's public listing, the Saudi crown prince’s plans for modernisation are facing further scrutiny. Writing in the Financial Times, Andrew England, Simeon Kerr and Anjli Raval explain what the recent IPO can tell us about the state of Saudi reforms.
From Financial Times