Riyadh – Mubasher: Canada-based TMX Group has said it does not plan to hold further discussions with state-run Saudi Aramco over a partial listing on Canada's stock market, the world's sixth-largest. 

“We have not had any recent discussions with Aramco and have no scheduled plans for further dialogue,” TMX’s spokesman Shane Quinn told Reuters via e-mail.

Over the previous period, Canada's biggest stock exchange operator held negotiations with the world's largest oil producer, aiming to take a role in its potential initial public offering (IPO), while these talks stopped after the diplomatic spat started a few days ago.

The Saudi-Canadian dispute began after the oil-rich nation gave the Canadian ambassador Dennis Horak 24 hours to leave after his country criticised arresting civil society activists.

On Wednesday, the kingdom stopped all treatment programmes with Canada, and the Saudi Grains Organization (SAGO) told grain exporters that it will no longer accept buying wheat and barley from the North American Nation.

On Tuesday, Saudi Arabian Airlines (Saudia) suspended booking flights to Toronto, along with stopping its flights from and to Canada, starting from, Monday, 13 August.

On a related note, the Council of Saudi Chambers (CSC) halted the Saudi-Canadian Business Council activities.