After months of tireless assurances by Riyadh officials that the Aramco listing is going according to plan and will take place as scheduled in the second half of this year, now the Financial Times has let the cat out of the bag. Quoting British government sources, the daily said the Aramco IPO will most likely take place next year. The sources, wishing to remain unnamed, said their Saudi counterparts had warned them about the delay, adding that the international listing could happen even later. Still, the good news for the British government is that London is still a favorite for that international listing. On the other hand, nothing is certain, as Crown Prince Mohammed favors New York and hopes U.S. legislators will offer the Kingdom regulatory concession to make that listing possible. This favor for New York is not unanimous, however. Last week, Energy Minister Khalid al-Falih told CNN […]