Why did Saudi Aramco's ambitious selloff fail?

Al Jazeera investigates the ideas behind Saudi Vision 2030 and the politics of the kingdom revolving around oil money.

by

    Saudi Aramco was supposed to be the biggest stock market offering of all time. But the Saudi oil giant failed to hit the $2 trillion value set by Crown Prince Mohammed bin Salman.

    Last year, Saudi Arabia cancelled Aramco's stock listing. The secretive company has never had to declare its financial reports and it would have been a massive transformation had Aramco gone public.

    Al Jazeera investigates the reasons behind the failure of the ambitious offering.


    YOU MIGHT ALSO LIKE

    Cricket World Cup 2019 Quiz: How many runs can you score?

    Cricket World Cup 2019 Quiz: How many runs can you score?

    Pick your team and answer as many correct questions in three minutes.

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Remembering Chernobyl

    Remembering Chernobyl

    The fallout from the Chernobyl nuclear power plant explosion remains as politicised as ever, 28 years on.