Saudi Arabia: Aramco Sheds Over $800 Billion in Market Value From 2022 Peak

Saudi Arabia: Aramco Sheds Over 0 Billion in Market Value From 2022 Peak



Saudi Arabia: Aramco Sheds Over $800 Billion in Market Value From 2022 Peak

Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. You can sign up here.

This week: a Middle Eastern wealth fund plans to offload $1.2 billion in legacy assets; Bahrain backs a private equity newcomer; and Brookfield names a new Saudi chairman. But first, a look at how Aramco’s share slide is deepening the kingdom’s challenges.


www.bloomberg.com
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