Saudi Arabia's Prince Mohammed is Selling Prized Stake in Aramco; Chinese are Preferred Buyers
Saudi Arabias Prince Mohammed is Selling Prized Stake in Aramco; Chinese are Preferred Buyers By At least 44 killed in Israel Stampede Chinas sovereign wealth fund China Investment Corporation (CIC) is in talks to buy stake in Saudi Arabias state-owned oil company Aramco, reports have said. The report comes after Riyadh said it was selling 1 percent stake in the worlds largest oil company. Apart from CIC, other Chinese investors are also in talks to buy a stake in Saudi Aramco, Reuters rep...
Source: ibtimes.sg