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Saudi Arabia transfers another 8% of Aramco shares to sovereign wealth fund | World News

Business Standard

[ad_1] Saudi Arabia’s crown prince transferred another 8% of shares in the kingdom’s oil giant Saudi Aramco to the country’s prominent sovereign wealth fund on Thursday. The shares are worth some $160 billion. Crown Prince Mohammed bin Salman’s decision comes as the kingdom is trying to build a series of megaprojects and invest … Read more