The earnings of Saudi Aramco, Saudi Arabia's giant oil company, have long been a mystery because the company is owned by a government that has kept the information under wraps.[NEW YORK] The earnings of Saudi Aramco, Saudi Arabia's giant oil company, have long been a mystery because the company is owned by a government that has kept the information under wraps. But on Monday, Aramco opened its books, revealing that the company generated US$111.
Saudi Aramco issued the financial data because it is preparing to borrow up to US$15 billion in bonds in what could be a more aggressive approach to capital-raising for the company and for Saudi Arabia.
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