Oil Giant Company Saudi Arabia makes Economic History Lawyer . AREEJ HAMADAH

In less than 48 hours, Saudi Aramco ranked on the top of economic deals at the global level to top the economic scene and broke the records to displace the biggest and largest international companies from the leadership such as Apple in terms of market value. This is a great achievement for the future vision of the Kingdom of Saudi Arabia 2030. This achievement is a pride for the Arab Gulf Countries. The success of any Gulf Country reflects positively on the region in general and contributes to raising its economy.

In April 2016, four years ago, His Highness, the Saudi Crown Prince, Mohammed bin Salman, said to Media that Aramco will be offering and will become the largest IPO in the history of the globe, and that the value of the company will exceed (2) trillion dollars. This statement was met with ongoing skeptic campaigns at the global level, where they considered the number exaggerated and out of reality.

And the Saudi Crown Prince, through a statement to him in the Media, asked, "Please everyone not to believe me, and look at the numbers, so they will speak, so the numbers and the Saudi Crown Prince are believe"

On December 12, 2019, the goal is achieved and turns into more than reality, to exceed Aramco's (2) trillion dollars.

This simple offering of Aramco by 1% will ensure that it is the largest IPO in the world to become a new historical economic achievement by vision the history maker and Saudi Crown Prince Mohammed bin Salman, and this success is evidence of the size and magnitude of the company and reflects everyone's confidence from investors and traders being the greater oil companies in the world.

You May Like Also