Aramco will not market its initial launch in the United States

Shafaq News/ Two informed sources said that Saudi Aramco does not intend to market its domestic IPO in the United States.

Aramco said in a prospectus earlier this month that it would sell the shares under a rule that would allow a non-US bidder to access U.S. market routes.

But the two sources said Aramco would not be based on that rule, which meant it would not market stocks in the United States.