Saudi Arabia’s Oil Company Slips To World’s 3rd Largest Company ...Middle East

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Saudi Arabia’s Oil Company Slips To World’s 3rd Largest Company
source : OILPRICE ( Middle East ) () 26
Saudi Arabia’s state-run oil giant, Saudi Arabia, is now the world’s third-largest company by market capitalization, according to the companiesmarketcap.com list. Aramco, with a market cap of $1.903 trillion, slid to the number three position behind Apple ($2.413T) and Microsoft ($1.920T). Just two months ago, in mid-December, Aramco held the Number two position with a market cap of $1.81T, behind only Apple. And before that, In May of last year, Aramco was sitting at the top of the list with a $2.38 trillion market cap. Al Rajhi Capital…

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