RIYADH: Saudi energy giant Aramco is launching a series of events in London and the US aiming to generate interest in its $12 billion share sale, according to Bloomberg. 

The news agency said that Amin Nasser, Aramco鈥檚 CEO, 鈥渨ill be among officials attending at least one of the events in London this week,鈥� citing people familiar with the matter. 

It added that Chief Financial Officer Ziad Al-Murshed will also be present in the city over the next few days. 

Simultaneously, plans are underway for a separate event in the US, hinting at the company鈥檚 keenness to tap into diverse pools of investment. 

According to Bloomberg Intelligence, investors could stand to gain from a $124 billion annual payout, offering a dividend yield of 6.6 percent. This enticing proposition, despite the company鈥檚 resilient valuation and the absence of buybacks, underscored Aramco鈥檚 confidence in attracting global capital. 

Post-offering, the Saudi government will retain its ownership stake of approximately 82 percent in Aramco, with the Kingdom鈥檚 sovereign wealth fund securing an additional 16 percent share.