Figure 2. Aramco 2018 ownership structure. Notes: 1. PIF=Public Investment Fund of Saudi Arabia, its Sovereign Wealth Fund (SWF) with a global investment portfolio. 2. SABIC trades on Saudi Stock Exchange (Tadawul). 3. Aramco still 100% privately held by Saudi Government. (©Authors)

From

Saudi Aramco Privatization in Perspective: Financial Analysis and Future Implications

Ruud Weijermars, Jonathan Moeller

Journal of Finance and Economics. 2020, 8(4), 161-170 doi:10.12691/jfe-8-4-2