Saudi market regulator approves Aramco's application to list
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DUBAI (Reuters) - Saudi Arabia's market regulator approved on Sunday Saudi Aramco's application to list on the domestic stock market as the kingdom seeks to diversify and create the world's most valuable listed company. The statement did not give a time frame or say how much Aramco would sell, but sources have told Reuters the oil company could sell 1%-2% of its shares on the local bourse, raising as much $20 billion-$40 billion. Confirmation of the share sale in Saudi Arabian Oil Co, or..