Visionary or thug: would you buy oil shares from this man?

Crown Prince Mohammed bin Salman has high hopes for Aramco’s stock market listing, but potential investors may baulk at the idea of buying into one of the world’s most repressive states

17th November, 2019
Visionary or thug: would you buy oil shares from this man?
A tank farm for crude oil and refined products in Ras Tanura, Saudi Arabia; inset: Saudi Crown Prince Mohammed bin SalmanGetty

The prospectus for the stock market listing of Saudi Arabia’s national oil company is an awesome document – all 658 pages of it. Then again, Saudi Aramco is an awesome thing. Not only is it the world’s biggest oil producer; it is the world’s most profitable company – it makes twice as much profit, roughly, as Apple, the world’s most valuable company.

For the past four years, Crown...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Vincent Boland: The chips are down and the whole world is facing trouble

Vincent Boland: China’s declining population is a red flag for ruling party on its centenary

Vincent Boland: World risks global shock if net zero goal creates dangerous new divide

Vincent Boland: It’s been a while but it seems inflation is back with a bang