Saudi Aramco named the most profitable company in the world. The ‘bottomless pit’ of cash flow (and IPO) to fund the growth of the last Babylon on earth. NEOM. A technological and hedonistic paradise sitting on the area of Mt. Sinai and six other mountains.’Have you ever seen such a great city.’? Jesus Christ is nowhere to be found in the plans.
Saudi Aramco named the most profitable company in the world Aramco generated earnings before interest, tax and depreciation of $224 billion last year, Fitch said Arabian Business. Monday, April 1, 2019 Saudi Aramco was the world’s most profitable company in 2018, easily surpassing US behemoths including Apple and […]
Saudi Aramco to buy SABIC in $69bn chemicals mega-deal. Paving the way for a forthcoming historic $2 Trillion Saudi Aramco IPO that will put the financing of ‘NEOM Babylon’ on steroids. The ‘Great City.’ ‘Who has ever seen such a great city?’ Still not convinced? Read the tags on this post.
Saudi Aramco to buy SABIC in $69bn chemicals mega-deal Aramco will buy a 70 per cent stake in SABIC, in what is one of the biggest deals in the global chemical industry. Gulf Business. Thursday 28 March 2019 The world’s largest oil producer Saudi Aramco has agreed to […]
