JEDDAH: The stock-market launch of Saudi Aramco, the world’s biggest oil company, is expected to take place within two years, Khalid A. Al-Falih, the minister of energy, industry and mineral resources, confirmed on Wednesday.
His comments echo a similar timescale quoted by Aramco president and chief executive Amin Nasser to Arab News in January this year.
Arabic-language newspaper Okaz reported that Al-Falih’s comments on the timescale for the initial public offering — potentially the biggest stock-market flotation in history — came on Wednesday during his visits to the headquarters of Saudi Aramco Total Refining And Petrochemical, and Sadara Chemical Company.
Al-Falih confirms Saudi Aramco IPO expected within two years
Al-Falih confirms Saudi Aramco IPO expected within two years
DP World announces new leadership appointments
DUBAI: DP World announced the appointment of Essa Kazim as Chairman of its Board of Directors and the appointment of Yuvraj Narayan as Group Chief Executive Officer.
Essa Kazim currently serves as Governor of the Dubai International Financial Centre and Chairman of Borse Dubai. He brings extensive experience in financial and economic affairs, having previously held senior leadership positions in several national institutions.
Yuvraj Narayan has extensive professional experience in financial management, corporate finance, supply chains, and global trade. Since joining DP World in 2004, he has led a number of strategic and transformational initiatives that supported the company’s expansion across international markets and strengthened its role as an integrated global provider of end-to-end supply chain solutions.
Narayan has served as Group Chief Financial Officer since 2005, contributing to the company’s financial resilience and operational efficiency.
DP World affirmed that the new appointments support its strategy for sustainable growth and reinforce its role in strengthening global supply chains and supporting Dubai’s position as a leading hub for trade and logistics.









