During a live interview on Saudi television to mark the fifth anniversary of Vision 2030 (MEES, 30 April), Saudi Arabia’s Crown Prince Muhammad bin Salman revealed that talks are underway with a major foreign investor over selling a 1% stake in energy giant Saudi Aramco.
The identity of the potential investor was not disclosed, other than that it is from a very large country and that if it acquires a stake in Aramco the transaction will facilitate demand for Aramco’s products there. (CONTINUED - 904 WORDS)
