Chinese investors in talks to buy one percent stake in Saudi Aramco ...Kuwait

The report come after Crown Prince Mohammed bin Salman said a 'leading global energy company' was in talks to buy a one percent stake in Aramco. Major Chinese investors are in negotiations to acquire a one percent stake in Saudi Aramco, the majority state-owned energy giant, Reuters reported on Thursday.Beijing's sovereign wealth fund, the China Investment Corporation (CIC), is among those considering purchasing a share of the world's largest oil producer, sources told Reuters.Aramco is also in talks with Chinese national oil companies, sources said.In a televised address this week, Crown Prince Mohammed bin Salman said Riyadh was in discussions to sell one percent of the oil giant to

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Last updated : 29 April 2021 clock 04:15 PM

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Chinese investors in talks to buy one percent stake in Saudi Aramco ...Kuwait

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