Aramco

Saudi Aramco overtakes Microsoft as world’s 2nd largest company by market value

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Saudi Aramco overtakes Microsoft as world’s 2nd largest company by market value

[ad_1] Riyadh: Saudi oil giant Aramco has displaced American technology giant Microsoft to become the world’s second-largest company by market value at 7.92 trillion Saudi Riyals (2.11 trillion dollars) as the company’s stock prices hit 36 Saudi Riyals (9.60 dollars) on Wednesday, local media reported. Apple still holds the top of the ranking, with a market … Read more

Saudi transfers 4% Aramco shares to PIF’s Sanabil

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Saudi transfers 4% Aramco shares to PIF’s Sanabil

[ad_1] Riyadh: Saudi Crown Prince Mohammed bin Salman on Sunday announced the completion of the transfer of 4 per cent of the total shares of Aramco from Kingdom ownership to the Saudi Arabian Investment Company, Sanabil Investment, owned by the Public Investment Fund (PIF), the Saudi Press Agency (SPA) reported. This comes as a continuation … Read more