Saudi Arabia plans bumper Aramco IPO, counting on effortless loans and rich locals

Saudi Arabia plans bumper Aramco IPO, counting on effortless loans and rich locals RIYADH/LONDON/DUBAwe (Reuters) – Saudi Arabia is establishing the phase for a blockbuster report on state oil giant Saudi Aramco in Riyadh, depending on simple credit for retail investors and pressing rich locals to spend with cash held abroad to accomplish a $2…