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BlackRock Inc named Amin Hassan Naser to its board of directors. Increasingly, BlackRock sees the Middle East as a major source of client assets. Amin Naser is the President and CEO of the Saudi Arabian oil company (Saudi Aramco), the world’s largest oil producer. From Kuwait to Saudi Arabia Nasser will fill the spot currently… ....
Saudis in talks to sell Aramco stake to global energy firm By By Vivian Nereim, Reema Alothman, Abeer Abu Omar and Matthew Martin on 4/28/2021 (Bloomberg) â Saudi Arabiaâs crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a âleading global energy companyâ as he forecast an economic rebound after the coronavirus pandemic. The kingdom is looking at the potential sale which could be worth about $19 billion, based on the companyâs market value as a way to lock in customer demand for the countryâs crude, Crown Prince Mohammed Bin Salman said in a rare interview on a Saudi television channel late Tuesday. While providing few details on which company is involved in the talks, he said the sale could take place in the next two years. ....