Slated for end-2018, the Aramco IPO has this year been dogged by constant setbacks: overvaluation, listing location, and reserves disclosure among others. With the Saudi economy having fallen into recession and an anti-corruption purge underway, will Riyadh be able to ensure a timely and successful IPO?     

 

The twists and turns in the course of preparations for the IPO of state-owned Saudi Aramco have kept investors on the edge of their seats.

Cracks in...