What You Need to Know About the Middle East, Oct. 13

Otis missed a $290 million payment on a $5 billion syndicated loan, affecting its stake in Turk Telecom due to the slumping lira. Egypt is nearing a $12 billion IMF loan after a $2 billion deposit from Saudi Arabia, while seeking additional funds from bilateral creditors. Saudi Aramco is evaluating IPO listings in New York, Hong Kong, or London, with the potential to be the largest IPO in history, valuing the company in the trillions.

What is Saudi Aramco evaluating regarding its shares?

What is the expected value of the company if 5% is sold in the IPO?