News Saudi Arabia Economy: Saudi Arabia Transfers Aramco Shares Worth $80 Billion to Wealth Fund
Published on: Sunday 13 February 2022
News source: https://www.wsj.com/articles/saudi-arabia-transfers-aramco-shares-worth-80-billion-to-wealth-fund-11644741068
DUBAI—Saudi Arabia transferred shares worth about $80 billion in oil giant Aramco to its wealth fund as part of efforts to diversify the kingdom’s hydrocarbon-dependent economy. The transfer of a 4% ...
News Saudi Arabia Economy: Saudi Arabia gives 4% of Aramco worth $80B to fund
Published on: Saturday 12 February 2022
News source: https://apnews.com/eb1beb0bb696003bf38cd37716a8ac13
The Saudi Arabian Oil Co. long has served as both the main economic engine in the kingdom and the main source of funds for its ruling Al Saud royal family. Saudi Arabia offered a sliver of shares of ...
News Saudi Arabia Economy: Saudi Arabia transfers $80bn in shares to wealth fund for green projects
Published on: Sunday 13 February 2022
News source: https://www.theguardian.com/business/2022/feb/13/saudi-arabia-transfers-80bn-shares-sovereign-fund-green-projects
Crown Prince Mohammed bin Salman said move was part of efforts to recalibrate the oil-led economy Last modified on Sun 13 Feb 2022 14.36 EST Saudi Arabia has transferred shares worth $80bn to its ...
