Saudi Arabia's oil company has confirmed that it will be listed in the kingdom's stock exchange.
Experts say it could become the biggest initial public offering (IPO).
The state-owned oil giant, estimated to be worth $1.2tn (£927bn), made the announcement on its Twitter handle without delving into details.
Yasir Al-Rumayyan, who is Aramco's chairman said the decision to go public represented important progress.
Chris Beauchcamp, a chief market analyst at the derivatives traders IG group warned that investing in the oil company is an affair riddled with a multiplicity of risks.
Beauchcamp contended that investing in the company would be a risky affair because of the uncertainties in the global oil market.
Another problem, he argued, has to do with the political and strategic risks that firms operating in the region have to grapple with on a daily basis.
"Investing in Aramco carries risks, of course, and not only that oil prices will struggle to move higher, " Beauchcamp said. Political and strategic risks are high for any firm operating in the region, not least one which is an arm of the Saudi state. Aramco also has limited control in output policy, a key part of Saudi Arabia's Opec management," Beauchcamp was quoted by the New York Times.
The announcement comes just week after the Aramco facility was attacked by what authorities believe were Iranian drones, leading to a spike in oil prices.
Aramco boasts of insanely high oil reserves and daily output, pumping millions of barrels of oil.