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Asharq Al-Awsat

Saudi Crown Prince Says 4% of Aramco Shares Moved to Sovereign Wealth Fund

Fund Saudi Aramco Kingdom Mohammed bin Salman PIF Public Investment Fund SPA

Saudi Arabia's Crown Prince Mohammed bin Salman - SPA

Saudi Arabia's Crown Prince Mohammed bin Salman announced the transfer of 4% of Saudi Aramco shares to the Public Investment Fund, Saudi Arabia's sovereign wealth fund, state news agency SPA reported on Sunday.

The Crown Prince said the state remains the largest shareholder in Saudi Aramco after the transfer process, as it owns more than 94% of the company's shares.

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