Oil company Saudi Aramco is valued between $ 1 tri and $ 1.5 trillion

The world's largest oil company, Saudi Aramco giant could be worth on the market next year over 1 trillion to $ 1.5 trillion. In a survey of regional investment bank EFG Hermes, fund managers and institutional investors believe the company can be valued after the sale of its shares to the public next year.

Speculation about these values ​​occurred after the government of Saudi Arabia announced in 2016 that would have plans to sell up to 5% of the company, and list its shares in Riyadh and at least one foreign exchange. For the vice-prince, responsible for overseeing the economic policy of the Saudi kingdom, Mohammed bin Salman, the percentage of sales can offer Aramco evaluation 2 trillion.

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