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Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link
Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups
Saudi Arabia's Oil Production Cuts Reflect Cost of Reshaping Economy
Riyadh needs to keep prices high enough to fund grandiose gigaprojects. Source link