Saudi Arabia said it will transfer 4% of the stock in the state-run oil giant Aramco to its sovereign Public Investment Fund. The infusion is valued at nearly $80 billion. Saudi Crown Prince Mohammed bin Salman made the decision to transfer the stock. The Public Investment Fund has been Prince Mohammed’s to invest in everything from Uber to British soccer team Newcastle United. – The Parrot Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Share on LinkedIn (Opens in new window) LinkedIn Share on WhatsApp (Opens in new window) WhatsApp Share on Telegram (Opens in new window) Telegram Like this:Like Loading… Related Post navigation FG disburses N50bn to boost non-oil exports Fuel sells for N400/litre in Abuja, others, scarcity persists in Lagos
