Here's your summary from Saudi Arabia: Aramco Set to Raise at Least $11.2 Billion in Stock Offering (https://www.youtube.com/watch?v=3JWBThrXCp0) on the Bloomberg Television channel:
**TLDR:** Aramco is set to raise $11.2 billion in a stock offering priced at 27.25 riyals per share, attracting international interest due to high dividends.
1. Aramco is selling 1.55 billion shares at $27.25 per share, aiming to raise $11.2 billion.
2. International investors are drawn to Aramco's high dividends and there is demand from Asia, particularly India and China.
3. Saudi Arabia's funding ambitions tie into Aramco's IPO, part of the Saudi 2030 Vision to diversify the economy from oil reliance.
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