top of page

Report: Iran considering high profile IPO to procure positive publicity

  • Writer: News Default Swap
    News Default Swap
  • Dec 13, 2019
  • 1 min read

LONDON, UK – The recent IPO of Saudi Arabia’s state-owned oil giant Saudi Aramco has brought a smile to the faces of the kingdom’s leadership for many reasons.


The non-human rights abuse related publicity has reportedly caught the interest of the Iranian government.


As a country plagued with a poor track record on human rights, plus a pile of economic sanctions, analysts suspect a push for a high-profile IPO may be in the works.


“I think Saudi Aramco has proved there is a price that can be paid for positive media coverage and $25.6 billion seems to be it,” stated Ryan Anderson, a global affairs analyst.


 
 
 

Comments


Subscribe and get the latest headlines to your inbox every week or so.

Thank you for subscribing!

  • Facebook
  • Twitter

© 2020 News Default Swap

bottom of page