China holds key position in Aramco’s investment strategy, CEO tells Beijing forum

RIYADH: Energy giant Saudi Aramco sees China as one of its key global investment destinations, with ongoing efforts to explore further opportunities across the power generation, chemicals, and technology sectors, according to its CEO. Speaking at the China Development Forum in Beijing, Amin Nasser emphasized his company’s three-decade-long partnership with the Asian country and its […]

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Saudi Arabia sets new test for international interest with $13.1 billion Aramco sale

Saudi Arabia and its bankers will on Sunday morning start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco 2222.SE, in a major test of international investor interest in its market. In a long-anticipated announcement on Thursday, the kingdom and Aramco detailed plans to sell up to 0.7% […]

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