Saudi Arabia Transfers Aramco Shares Worth $80 Billion to Wealth Fund
Published on: Sunday 13 February 2022
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 source: https://www.wsj.com/articles/saudi-arabia-transfers-aramco-shares-worth-80-billion-to-wealth-fund-11644741068
