Saudi Arabia Plans to Sell 5% Aramco Stake by 2018

April 1 -- Saudi Arabia will sell shares in Aramco's parent company as part of a $2 trillion sovereign wealth fund that will help to wean the nation off oil. Deputy Crown Prince Mohammed bin Salman made the announcement in a conversation with Bloomberg Editor-in-Chief John Micklethwait. Bloomberg's Tom Keene and Francine Lacqua speak with Geoffrey Yu of UBS Wealth Management on "Bloomberg Surveillance."

Add us to your Preferences
Set as your preferred source on Google