About: http://data.cimple.eu/news-article/5bdde8d7a885e86e098b38a3cf781e75a724b851888293df77e41ea6

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/5bdde8d7a885e86e098b38a3cf781e75a724b851888293df77e41ea6 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Saudi Crown Prince Mohammed bin Salman said Thursday the kingdom will sell more shares of energy giant Aramco in the coming years, following the world's biggest public listing in 2019. "There will be Aramco share offerings in the coming years, and this cash will be transferred to... the Public Investment Fund to be re-injected inside and outside the kingdom," Prince Mohammed told Riyadh's Future Investment Initiative (FII) conference in a virtual session. The prince did not specify a timeframe or what portion of the company's shares will be sold in future offerings. Aramco was listed on the Saudi bourse in December 2019 following the world's biggest initial public offering, generating $29.4 billion for 1.7 percent of its shares. Analysts say sales of additional shares could struggle to generate investor interest amid a downbeat energy market as the coronavirus pandemic saps global energy demand. Late last year, Aramco posted a 44.6 percent slump in third-quarter profit, as the pandemic weighed on the global demand for crude oil. Aramco, seen as Saudi Arabia's cash cow, has revealed consecutive falls in quarterly profits since it began disclosing earnings in 2019, piling pressure on government finances as the kingdom pursues ambitious multi-billion dollar projects to diversify its economy. Saudi Arabia, the world's biggest crude exporter, has been hit hard by the double whammy of low prices and sharp cuts in production. A drop in oil income is expected to hinder Prince Mohammed's ambitious "Vision 2030" reform programme to overhaul the economy. bur-sy-mah-ac/dwo
schema:headline	Crown prince says Saudi to sell more shares of energy giant Aramco
schema:mentions	Public Investment Fund of Saudi Arabia Hinder Energy market Mohammad bin Salman Crown prince Riyadh Initial public offering World energy consumption Saudi Aramco Prince United States dollar Saudi Arabia Pandemic Coronavirus Future Investment Initiative Cash cow Saudi Vision 2030 Price of oil
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-01-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software