David Petraeus, former CIA chief, says that Saudi Arabia is running out of money and needs Aramco's IPO to fuel its investments in the coming years. Petraeus said that the Kingdom's budget deficit depends on the price of Brent crude, which means that the country's economy is in part tied to Aramco's success to fund its Vision 2030 plan. The ex-CIA chief said that KKR Global Institute, which he chairs, put $2 billion into the UAE and was now looking at other places to invest.
David Petraeus, former CIA chief, says that Saudi Arabia is running out of money and needs Aramco's IPO to fuel its investments in the coming years. Petraeus said that the Kingdom's budget deficit depends on the price of Brent crude, which means that the country's economy is in part tied to Aramco's success to fund its Vision 2030 plan. The ex-CIA chief said that KKR Global Institute, which he chairs, put $2 billion into the UAE and was now looking at other places to invest.
Joke of the day .. hh
Great news
amazing finding😂 ...what did you think ? Saudi is selling shares for fun?!
Wish Petraeus would run for the Presidency
Trump aids & abets it to stay afloat
Is that the kind of intelligence they give the POTUS?
Saudi Arabia was way too late to diversifying state revenues. Being so reliant on oil prices is a recipe for disaster. Just ask Venezuela
No need, cut the supply to 4.5m and the price will reach 120$
所以有人出钱在法立法塔, 显示别国国旗的事情,他们也愿意杠,哈哈哈
What a joke.