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Tag Archives: IPO

Saudi Aramco Flirts With $2 Trillion Valuation

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On its second day of trading on the Riyadh Tadawul exchange, the value of all Saudi Aramco stock briefly reached the $2 trillion mark and closed at $1.965 trillion Thursday. Comparing this market cap to those of other major companies in the world that day, Saudi …

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The Most Profitable Companies in the World

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Apple has long been known as the world’s most profitable company, but those days are over. By preparing to be publicly listed, Saudi state oil company Saudi Aramco had to disclose company reports and was subsequentially rated by Moody’s to have earned …

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