Aramco International Listing ‘Still on the Cards’: Saudi Minister

The transcript discusses Saudi Arabia's strategy in the bond market, highlighting strong demand and favorable pricing. Future issuance plans are considered, with a focus on market sentiment and Vision 2030. Government spending is expected to decrease slightly, but the economy is showing signs of growth, with private sector confidence returning. The National Development Fund is investing domestically, particularly in tourism. Saudi Aramco's dividend commitments and potential international listing are addressed, alongside investor confidence. The global economic outlook is stable, with easing tensions expected to support growth.

What was the total demand for Saudi Arabia's recent bond issuance?

• $30 billion

• $23 billion

• $5 billion

• $9 billion

How much is the Saudi government reducing its expenditure by?

• 50 billion Saudi riyal

• 200 billion Saudi riyal

• 30 billion Saudi riyal

• 100 billion Saudi riyal

What is the focus of the National Development Fund?

• International investments

• Domestic investments

• Technology sector

• Oil sector

What is the current status of Saudi Aramco's international listing?

• It is still under consideration

• It is confirmed for next year

• It has been canceled

• It is not being considered

What is the maximum expat levy for those not employing an equivalent number of Saudis?

• 800 rials a month

• 600 rials a month

• 700 rials a month

• 500 rials a month

What was the Saudi embassy's response to the phone hacking allegations?

• They had no comment

• They denied the allegations

• They confirmed the allegations

• They supported an open investigation

What is the expected trend for the world economy in 2020 according to the transcript?

• Stable with some growth

• A significant downturn

• A major recession

• Uncertain and volatile