Deputy Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud spoke to Bloomberg on his plans for the future of the kingdom, including development of a USD 2 trillion super fund.
The Deputy Crown Prince said Saudi Arabia plans to sell less than 5% of Saudi Aramco in a public offering that could come as soon as next year. Riyadh will offer shares in all of Saudi Aramco and not just in its subsidiaries. The listing on the Saudi stock exchange would take place no later than 2018.
Watch the analysis on Bloomberg Television.
Read the full transcript here.