VOICED : El gigante petrolero saudita Aramco pone en marcha su salida a bolsa

VOICED : El gigante petrolero saudita Aramco pone en marcha su salida a bolsa

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Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

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Saudi Aramco announced its upcoming IPO on the Saudi Stock Exchange, potentially the largest in history. This move aligns with Crown Prince Mohammed Bin Salman's Vision 2030 to diversify the economy beyond oil. Aramco, the world's most profitable company, reported 2018 profits exceeding $111 billion, surpassing Apple, Google, and ExxonMobil combined. The IPO will be open to institutional investors, Saudi citizens, foreign residents in Saudi Arabia, and Gulf citizens, with an estimated valuation between $1.5 and $1.7 trillion.

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3 mins • 1 pt

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