Saudi prince gives 4% Aramco stake to public investment firm

  • 📰 AP
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Saudi Arabia’s crown prince has announced the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund.

FILE - Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. Saudi Arabia's crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom's sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond oil.

DUBAI, United Arab Emirates — Saudi Arabia’s crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond oil. “The transfer will also solidify PIF’s strong financial position and credit rating,” the statement about the deal said. It gave no possible investment targets for either Sanabil or the PIF.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 728. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

One day oil won't rule the world.

Wealth transfer to himself. It's a scam. That PIF is used to fund things like his LIV Golf league which pays billions to a start up golf league in an attempt to sportswash itself. Buy soccer clubs, Cristiano (or whatever his name is). Shameful.

Another soccer club?

That’s great step 👏 Well done 👏 Using Aramco stakes in another company owned by PIF to ( boost ) its revenue is a great smart step👌

Wealth transfer in practice.He is a very wise crown prince.

NUFC war chest

Eddie Howe’s transfer war chest nufc

Saudi Prince gifts tiny portion of country's assets back to the country it belongs to.

Personal enrichment, imagine that

Nothing on the transfer of the Biden clan wealth fund...? I know, not allowed..

Copying Norway's system. That's great for the people.

It's a trick.

Is it Jared and Ivanka?

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

James Murdoch's Bodhi Tree slashes planned investment in Reliance's Viacom18Reliance Industries Ltd's Viacom18 will receive an investment of 43.06 billion rupees ($527.84 million) from Bodhi Tree, about 70% less than what was planned by the joint venture between James Murdoch and a former Star India executive. 🤔I'm thinking they are a bit worried about those court cases becoming criminal cases
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Opinion: Saskatchewan should view education funding as an investmentThe president of the Saskatchewan School Boards Association laments that educators are being asked to do more with less money. welcome to the REAL WORLD Here's another opinion...if people want better education than what's currently available then they better be prepared to pay for it...they should put their money where their mouths are, but they'd rather just put whining and complaining there, and continue to do nothing about it. Been going on like forever girlfriend! Don’t like it, leave,
مصدر: TheStarPhoenix - 🏆 253. / 63 اقرأ أكثر »

Ferrari fever? Classic cars roar into investment fundsIn 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari's classic car division. It was either her or the car. Chevron GR8 3.6L Ferrari V8. Chevron Racing won Goodwood Festival of Speed in 2012 with the lesser powered Nissan 3.5L V6 version. Ferrari make beautiful engines. Video - Chevron GR8 Ferrari - Video - Goodwood FoS 👇 BrendanPorath deep_fried_egg Poulter sits alone in the dark somewhere whispering “I told those wankers.” One day my 01 volvo is going to be worth a fuck ton but more than that it is going to be a reminder of what we are missing out on
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Bitgert Ventures Investment Team Launched by Investors of Bitgertsponsored bitgertbrise scores partnership with private investors, plans investing in new-gen crypto products through Bitgert Ventures Bitgert $BRISE bitgertbrise BRISE bitgertbrise Bitgert bitgertbrise BRISE bitgertbrise $brise Bitgert BRISE
مصدر: Utoday_en - 🏆 295. / 63 اقرأ أكثر »

Why classic cars are now a viable alternative to mainstream investment fundsVintage cars have risen 185% in value over the past decade, outstripping the growth of luxury rivals wine, watches and art, and ranking second only to rare whiskies. Have been since the early 80's. Oh, that's cool.
مصدر: therealautoblog - 🏆 528. / 51 اقرأ أكثر »