He was speaking at the kingdom’s Future Investment Initiative conference
The Saudi government sold more than 1.7% of Aramco in a 2019 initial public offering that raised a record $29.4 billion, triggering more IPOs in the kingdom
The collaboration taps into rapidly expanding demand for cloud services in Saudi Arabia
Saudi Aramco is moving ahead with plans to boost crude output capacity by 1 million barrels per day (bpd) to 13 million bpd despite cuts in capital expenditure this year and next year
Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC’s value
Weinberger was the global Chairman and CEO of EY (previously known as Ernst & Young) from 2013 to 2019
Saudi Aramco’s shares opened at 37.5 riyals ($10.00) on Wednesday, down 0.66% from Tuesday, on the first day of their inclusion into the MSCI emerging markets index
Saudi Aramco (2222.SE) shares gained for a third consecutive day on Sunday, rising 1.63% to 37.4 Saudi riyal ($9.97), pushing the company’s value back toward the $2 trillion level it topped last week.