The Role Of Multinational Companies In The Middle East: The Case Of Saudi Arabia Mamarinta P Mababaya
Markets deemed the USD 2 trillion valuation that MbS envisaged as overly ambitious. The Saudi economist and businessman Essam al-Zamil, who publicly doubted the crown prince’s valuation target, was even arrested on “terrorism” charges. The doable listing on an international stock exchange like New York or London led to issues about the legal liabilities of Aramco for lawsuits that have been brought forward against its majority owner, the Saudi state. Trading on the Saudi Tadawul stock exchange came right after…