Saudi Aramco: The Company and the State

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  • čas přidán 31. 01. 2019
  • For the past two years, Saudi Arabia has prepared to place its national oil company on the stock market. Officials talked up the Saudi Aramco initial public offering (IPO) with international exchanges and global banks. It seemed like a great idea that the world's largest oil producing company, valued at $2 trillion, would become the world's largest ever traded stock.
    There are many companies in the world which move and shake markets but perhaps no other organization essential to running a country. Aramco is unique and it runs no ordinary country. Saudi Arabia plays a key role in moving global oil prices. The oil market affects everyone on the planet directly or indirectly. Oil prices have developed and destroyed economies - Sudan and Venezuela being the most recent examples. So that company shedding its cloak of secrecy and deciding to go public is a huge deal. Specially for Saudi Arabia which is run by a monarchy and its affairs cannot be publicly evaluated or scrutinized.
    The proposed listing of the national champion was a central part of the young Crown Prince Mohammed bin Salman's Vision 2030, a reform drive aimed at restructuring the kingdom's economy and reducing its dependence on oil revenue.
    "I think there was a strong case for the IPO and there still is for the selling of a stake of Saudi Aramco and there are lots of reasons for it," explains Jim Krane, an energy researcher at Rice University’s Baker Institute for Public Policy. While Saudi Arabia, like other Gulf states have been trying to move away their economies from oil dependency for years, "the specter of climate action has finally made the Saudis get serious about it. And really the only way to diversify is through Aramco and Aramco is the source of revenues that the Saudi state needs to build other economic sectors."
    The Kingdom holds about 16 percent of the world’s oil reserves and is the largest exporter of petroleum among OPEC countries. Nearly half of the country's GDP comes from oil and Aramco itself employs 65,000 people.
    The concerns about radical changes in strategy put a spanner in the works for Saudi Aramco's public listing. For the first time in its history, an IPO would bring full public disclosure of Aramco's financial details, a feat that has never been made public.
    "Probably the biggest downside is the transparency that would have resulted around Saudi oil reserves," says Krane, a number that doesn't move beyond 260 billion barrels. "If Saudi Aramco would have listed shares on the NYSE or the London stock exchange, the regulators would have forced Saudi Arabia to come clean on all of its reserves, how much of that is proven probable or otherwise."
    A lot has changed since Mohammed bin Salman's international public relations drive such as the imprisonment of top Saudi businessmen, the murde r of journalist Jamal Khashoggi, the continued wa r on Yemen, and the Saudi-led blockade on neighbouring Qatar. That has resulted in a flight of capital, reduced foreign investment, increased Saudi borrowing and a halt on Saudi Aramco's IPO.
    This is not the first time reforms have been promised in Saudi Arabia. "In many ways, Mohammed bin Salman resembles his grandfather Abdul Aziz al-Saud," according to Chas Freeman, former US Ambassador to Saudi Arabia. The late leader united the country "with tribal marriages...conducted a wa r in the Saudi south, which took land from Yemen...suppressed religious uprisings and it worked." Whether his grandson's current ambitions will work is "unknown," says Freeman.
    Aramco owns the largest refinery in the US, Motiva, and hundreds of facilities across the globe and funds universities, think-tanks, lobbying firms and controls a vast media empire. That money shapes policy and perceptions while also covering up criticism of the kingdom.
    Saudi Aramco's failure to launch and a young leader's stumble from one crisis to another are directly linked. There is an urgency to rush into things but also a lack of experience. "That is really like planning for the growth of a nation, not the exit of an IPO," says Chad Brownstein, a hydrocarbon investment analyst and CEO of Rocky Mountain Resources. "And the growth of a nation takes a lot more planning than a couple of months."
    Saudi Aramco: The Company and the State examines the reasons behind the ambitious offering, the politics of Saudi oil, the strategic importance of Aramco, a faulty evaluation, the challenges of transparency and what it means for an ambitious Prince's 'Vision 2030'.
    Filmmaker: Osama bin Javaid
    Camera: Sherein Emam, Bobby Gunawan
    Editor: George Joseph
    - Subscribe to our channel: aje.io/AJSubscribe
    - Follow us on Twitter: / ajenglish
    - Find us on Facebook: / aljazeera
    - Check our website: www.aljazeera.com/
    #AlJazeeraEnglish #Aramco #SaudiArabia

Komentáře • 2,3K

  • @danys.4121
    @danys.4121 Před 4 lety +877

    It's hard to say that the company belongs to the public when the whole state is owned by one family.

    • @blissetmizz
      @blissetmizz Před 4 lety +23

      @Computer User Your sentence states something true and the same probably happens for what Dany S. said.
      But, your sentence is irrelevant here because it has nothing to do with what Dany S said, nor the doc..it's just a what about something; it doesn't add up or diminishes what Dany S. said

    • @haifa1400
      @haifa1400 Před 4 lety +110

      The money that comes out of aramco who is “owned by one family” comes back to the people. comes back in free education(with monthly salaries of 260 dollars to help the students), free health care, free scholarships abroad with full paid expenses (tickets, health insurance and monthly salaries of 1214 dollars to help the students abroad), helping programs for the unemployed , the disabled, the orphans, the soldiers etc... so yeah its really belongs to the people. On top of all that taxes are only 5% something you will never even dream of as a westerner.

    • @IsaacRizard
      @IsaacRizard Před 4 lety +17

      @@haifa1400 In business term, that's investment. Glad that you're well-off with a little given. The House of Saud appreciates your naivety.

    • @stevensonlots8439
      @stevensonlots8439 Před 4 lety +12

      @@blissetmizz He's basically pointing out there's no documentary or as much coverage of the US being basically owned by a few families yet there's much hoopla about the Saudis being like that. He's pointing out the double standards. Now obviously he didn't say it the way I just did but if you look at the big picture and how the world seems to have tunnel vision, that's what he means and he's right. USA does 'A' and it's good but Saudis do 'A' and it's bad. Lots of bs indeed.

    • @abdul-azizmusa2990
      @abdul-azizmusa2990 Před 4 lety +26

      THEIR COUNTRY THEIR RIGHT.
      JUST AS THE QUEEN OF ENGLAND AND ALL SO CALLED EUROPEAN ROYALTY OWNS EVERYTHING.

  • @mohammedalikhan2979
    @mohammedalikhan2979 Před rokem +19

    Am proud.. I was an employee of Saudi Aramco.. 👍

    • @rh81454
      @rh81454 Před rokem +1

      Congratulations. As an American I admire that company very much because of the Saudi business minded leadership. Do they hire Americans by any chance?

    • @mohammedalikhan2979
      @mohammedalikhan2979 Před rokem +1

      @@rh81454 Of course yes... Many Americans are employed... ARAMCO means ARab AMerican COmpany..

    • @rh81454
      @rh81454 Před rokem

      @@mohammedalikhan2979 ooops! lol

  • @anthonylo9952
    @anthonylo9952 Před 3 lety +52

    If such company can run a country and its economy, then a 2trillion dollar valuation means that the company is actually undervalued.

    • @MrAnnl25
      @MrAnnl25 Před 2 lety +2

      partial valuation

    • @ms9771
      @ms9771 Před rokem

      Ye,s Allah said, Saudi Crown Prince Mohammed bin Salman has been revealed as the owner of a French chateau 350millions described as the world's most expensive home also Prince Buys $450 Million Da Vinci Painting Of Jesus Christ and billions dollar Yatach when his people have no air-condition and do not allow reporter take a picture or will be cut to pieces like Khashoggi reporter

    • @al3ndlib
      @al3ndlib Před rokem

      Now it has passed Apple

    • @GR8APE69
      @GR8APE69 Před rokem +4

      That sounds right, but you forget that there are single American companies whose yearly revenue is larger than many nations' entire yearly GDP. You're used to seeing these big numbers and thinking it's normal... it isn't. The United States is an absolute economic hegemon that operates on a scale that MAYBE a handful of other nations even come close to. China is a good example of what I mean. They have advanced rapidly to have cutting-edge technology and industry which has made them very wealthy. But even with all of that tech, advancement, modern economic markets, and wealth, they are STILL second place to the United States in terms of GDP while having a population that is almost 6 times larger than that of the USA. If you look at the numbers, and the way that global finances and the general world order operate, the United States is MAGNITUDES more powerful than any other nation on earth. So comparing Saudi Aramco to American companies isn't really a fair comparison. Saudi Aramco is HUGE for a nation that didn't industrialize until after WWII.

  • @OculusYT
    @OculusYT Před 2 lety +104

    Proud to have worked for the prestigious Saudi Aramco for almost twenty seven years since 1979 in Dhahran. Amongst the ups and downs, tricks and treacheries, Saudi Aramco maintained it's very own style of administration and operation fair and board. Serious challenges were there and the Company steered through to maintain the Saudi finance and economy afloat being the most important and dependable partner of the government. Their planned Saudization of human resources and contribution to the country's overall education, health and business deserve a recognition with high note. Wish them continuous success in all the sectors and develop the 'all local workforce' for future challenges.

    • @massinakmin8340
      @massinakmin8340 Před 2 lety +27

      Proud slave..

    • @shoaibhiroli768
      @shoaibhiroli768 Před 2 lety +2

      I proud to work with Saudi Aramco...
      But have one question.
      Why the ARAMCO not allows to expatriates to become a ARAMCO employee.. As they are working continuous as a contractor employee as they have a good experience working in Aramco ?

    • @massinakmin8340
      @massinakmin8340 Před 2 lety +8

      @@shoaibhiroli768 because they are brown. Aramco is racist company like every saudi is a racist. It is a culture thing.

    • @horacekirkwood2411
      @horacekirkwood2411 Před 2 lety +3

      maybe it's the colour of skin to get a job, but that's happening every where like South Africa it's a known fact since the black people were allowed to live like the rest of the world that if you are black you have a good chance to get the work before a white person, and yes there's racism and yes just like in the past only a small few will speak up and try and change

    • @ryodan3886
      @ryodan3886 Před 2 lety +2

      @@massinakmin8340 Why do you think their employees are slaves?

  • @aljazeeraenglish
    @aljazeeraenglish  Před 5 lety +44

    Hi,
    We will be with you through this premiere.
    Join us with your comments and questions as we watch - Saudi Aramco: The Company and the State

  • @Batman-sm2mz
    @Batman-sm2mz Před 4 lety +84

    9:40 "It's a process that will be, expansive, intrusive, and transformative." That could also describe the camera zooms on the man's face.

  • @mannyespinola
    @mannyespinola Před 4 lety +28

    Thank you for this excellent documentary, very enlightening and informative

  • @WalasticRiders
    @WalasticRiders Před 3 lety +48

    When western businessmen wants a huge slice of the nation's wealth, they often speaks of reforms. What a shame.

    • @Tihi45
      @Tihi45 Před 2 lety +4

      This man killed Adnan Kasogi.

    • @Ashhad1400
      @Ashhad1400 Před 2 lety +25

      @@Tihi45 American army killed over 1 million people in Libya, Iraq etc. Yet no one wants to hold the pentagon accountable for its actions. And then they over glorify kashoggis death.

    • @haikaloronsentnel138
      @haikaloronsentnel138 Před 2 lety

      ISL4M CAN'T BE TRUSTED!!!

    • @lossantos9307
      @lossantos9307 Před rokem +1

      @@Ashhad1400 Not everyone lives on America y know. I think you getting brainwashed

    • @silverkitty2503
      @silverkitty2503 Před 10 měsíci

      this is the opposite the saudis want western wealth not the other way around ... they want to raise funds through western money and selling shares because in the east often govts dont charge taxes and really have no other way to pay for public services than oil funds but really when you tax .. then social benefits pay YOU back as a govt as things you buy give money back in revenue ....the saudis are poor because they are a river to the people ...but the tax system never makes it rain.

  • @dexterian1716
    @dexterian1716 Před 5 lety +35

    thank you for this docu!

  • @kamalashraf4846
    @kamalashraf4846 Před 4 lety +47

    When you hear the word sovereign wealth fund, run.

  • @fionnuala8375
    @fionnuala8375 Před 4 lety +10

    I worked in the hospital for employees of ARAMCO so lived in the ARAMCO compound for 2 yrs when it was an Arabian American Oil Company it is now an Arabian Oil Company worked 1 year during that time.

  • @subscribeforsomeafricanvil7105

    Just a few weeks ago, I was reading on Saudi Aramco website operations. As someone wo studied logistics and supply chain with experience in oil and gas. I would very much be happy to be part of the Saudi Aramco team.

    • @al3ndlib
      @al3ndlib Před rokem +12

      It’s one of the most prestigious companies in the world, like if you were lucky enough to work for them you’d be set for life. I have a friend that works for Aramco and instead of Aramco paying him the typical housing allowance required by Saudi Labor Law, they bought him a freaking house and paid for it by his housing allowance for the next 30 years interest free. He was 25 years old with half a million dollars house 😂

    • @DMCMAD77
      @DMCMAD77 Před rokem +1

      💪

    • @whatislifebuttheenjoymento3405
      @whatislifebuttheenjoymento3405 Před rokem

      Aramco is not a new company. Logistics and supply has been set probably 40 years ago

  • @onepluslatest
    @onepluslatest Před rokem +4

    MBS....MODERN /INTELLIGENT KING
    SAUDI
    WILL CHANGE .....IN HIS RULE

  • @somguy728
    @somguy728 Před 3 lety +7

    I love the idea of the house of Saud running for their lives in the dessert. They squandered the majority of that ocean of oil.

  • @petroulaterzaki7328
    @petroulaterzaki7328 Před 4 lety

    What good information source about Saudi Arabia. Thanks for care !

  • @HasanAli-te3lm
    @HasanAli-te3lm Před 5 lety +30

    I work for Saudi Aramco and i love my company. Its like my 2nd family.

    • @rafathwaheed7594
      @rafathwaheed7594 Před 2 lety +3

      Please save your country!!

    • @debbyakusobi5737
      @debbyakusobi5737 Před 2 lety

      Please Mr Hasan, can you assist me with the link to get a job offer from this Great company?. I'm into shipping

    • @Deevan2121
      @Deevan2121 Před měsícem

      The most polluting company😡😡😡

  • @ellashy6539
    @ellashy6539 Před 5 lety +133

    besides the documentary reading the comments becomes equally enjoyable lol

  • @peterernst1455
    @peterernst1455 Před 3 lety +11

    Aramco has to diversify its revenue base away from oil to green technology by buying companies that are successful in these new technology areas. For ex, by buying air taxi drone service companies. You see this happening in places like Singapore and Dubai.

  • @soleraanalyn7267
    @soleraanalyn7267 Před 11 měsíci +1

    If you working in the largest Company, you need to wearing the bright colors dress , and Always smelling the peoples, ,so that's the businesses is Successful. And very Lucky

  • @alexanderaquino4289
    @alexanderaquino4289 Před 5 lety +9

    The Market will devour it for sure..
    Its valuation will go roller coaster.
    Short Sellers will ride in this, count on that
    The Market is the one who dictates the price

  • @ParissaKhoury
    @ParissaKhoury Před 5 lety +4

    Respect to Saudi Arabia 🇸🇦 Aramco from Iran 🇮🇷 ... ARAMCO is way better investment than Apple!

  • @user-tb6rs2wh4d
    @user-tb6rs2wh4d Před rokem +2

    ربنا يحفظهم لك العربيه السعوديه ومالكها طال عمره وولي عهدها محمد بن سلمان ابن عبد العزيز ال سعود يحفظ الله ورعاه ويثبت خطاها و سمو الامير وليد بن طلال بن عبدالعزيز ال سعود امير الانسانيه بجد❤ وانتم وجهه فخر الوطن العربي للمملكه يحفظكم الله ورعاكم جميعا ويثبت الله خذها على قول الحق💖🇸🇦🇾🇪

  • @noname-op3zj
    @noname-op3zj Před rokem +1

    Your royal highness I salute u in ur beautiful majestic ideas , I gave bayahh love and reverence from afar my dear king

  • @stanleyjoe4103
    @stanleyjoe4103 Před 3 lety +4

    Thank you for this informative documentary.

    • @Tihi45
      @Tihi45 Před 2 lety

      This man killed Adnan Kasogi.

    • @brhm1111
      @brhm1111 Před rokem

      @@Tihi45 no one care

  • @moinuddinsaheb2424
    @moinuddinsaheb2424 Před 2 lety +33

    Proud to be a part of Saudi Aramco.
    May Allah bless the country & company ❤️❤️❤️❤️❤️

    • @noreenvarda8746
      @noreenvarda8746 Před rokem +2

      But, as Sa`udis, you ought Not to be proud of something a member of yr ruling royalty did!! Something dastardly, inhumane!

  • @Mama-nu7it
    @Mama-nu7it Před 6 měsíci

    Thank you for the information given 😊

  • @ROSAAMADAMINERVAACOSTASILVA

    Good morning my dear MBS
    Greetings and blessings to you and all your beloved Royale Family.

  • @awakenthegreatnesswithin
    @awakenthegreatnesswithin Před 5 lety +22

    So much hate in the comments - time to leave. Love is the key to success 😃😎

    • @hugolafhugolaf
      @hugolafhugolaf Před rokem

      As if anything Saudi had anything to do with love. Murderous regime.

  • @rafatparveen5364
    @rafatparveen5364 Před 4 lety +4

    Aramco is a backbone Saudi kingdom

  • @jacobzaranyika9334
    @jacobzaranyika9334 Před 2 lety

    This keeps coming up.
    I will watch it later

  • @adnanbilal4783
    @adnanbilal4783 Před 2 lety

    It is is a very informative video. ididn't know this fact about Saudia Arabia.

  • @noseymold9868
    @noseymold9868 Před 4 lety +49

    They’re going to need an army of accountants to go public.

    • @SebAnders
      @SebAnders Před 4 lety +3

      And also they'll need the house of Saud to stop using it as a piggy bank.

    • @omarjandoul1397
      @omarjandoul1397 Před 4 lety +3

      the company is already public

    • @Tihi45
      @Tihi45 Před 2 lety

      This man killed Adnan Kasogi.

    • @Tihi45
      @Tihi45 Před 2 lety

      This man killed Adnan Kasogi.

  • @anniechrisbendy6000
    @anniechrisbendy6000 Před 5 lety +118

    🤣🤣🤣transparent saudi NEVER WILL HAPPEN ...... but it does not exist in U.S.A , UK, E.U either so ....... !

  • @salehelsileni3665
    @salehelsileni3665 Před 3 lety +1

    الله اكبر ولله الحمد الله ييارك ماشاء الله لاقوة إلا بالله بالتوفيق

  • @atlanticfalcon2401
    @atlanticfalcon2401 Před 2 lety +1

    Very nice Documentary 😍😍😍

  • @harrickvharrick3957
    @harrickvharrick3957 Před rokem +6

    Beautiful documentary, with a more of beautiful shots, in which a thorough picture gets painted, and really knowledgeable people are being interviewed. Fantastically done, it has created a lasting image in my mind!
    I just have one question: it gets stated that Saudi Arabia's attempt to break its competitor Shell by causing a huge drop in oil prices a few decades ago, massively backfired. How, and what happened?

  • @William_sJazzLoft
    @William_sJazzLoft Před 3 lety +21

    I had no idea how complex the economic model is for the House of Saud. If Aramco is owned and operated by the government, what distinguishes the Saudi model from an SOE such as would be common to the PRC? Also if there's a decision by consensus, can one hold out impede a particular initiative? Thank you

  • @sajidrao3625
    @sajidrao3625 Před rokem

    Ap Boht Ameer king Kaba 👑👑👑👑 Saudi Arabia Allah pak apko khosh rakhe,, apki Mal I dolat ma barkat de Ameen 🤲🤲🤲

  • @virgentina4757
    @virgentina4757 Před rokem

    Good job guy prince in Dubai Always humble man awesome God bless you 👍👍😘😘❤️❤️

  • @rgsclassicmusiccafe
    @rgsclassicmusiccafe Před 2 lety +5

    Aramco should review it's crude oil price to recover past losses due to Low price....more over they should Robotize the work force as per their work process... Saudia should workout to explore its Gas reserves...at max potential Thanks....RGS

  • @shoaibhiroli768
    @shoaibhiroli768 Před 2 lety +6

    Saudi Aramco is a world top number one company in the world.. I grately proud to introduce myself to be a one of the employee of ARAMCO...

    • @debbyakusobi5737
      @debbyakusobi5737 Před 2 lety

      Mr Shoaib, please can you assist me with the link to get a job offer in this company?. I'm into shipping

  • @muhadiachwan814
    @muhadiachwan814 Před 2 lety

    Look that cool mineral product...every body look at bad mute or not important product but this time he become hero in our crisis

  • @kn678
    @kn678 Před 3 lety

    the guy at 5:02 spoke facts; pretty much summarized the whole deal

  • @francisfreyre
    @francisfreyre Před 4 lety +3

    Very Interesting Documentary! Thank you Al Jazeera.

    • @Tihi45
      @Tihi45 Před 2 lety

      This man killed Adnan Kasogi.

  • @kingsleyoppong-wereko7239

    Saudi Arabia needs a Sovereign fund similar to Norway, be a financial hub like Singapore and boost tourism for middle class foreigners.
    In the case of Aramco divide it into 2 companies would make sense. 1 side goes public and 1 side stays private as well as moving to make public some parts of the value chain.

    • @Sp3ll633
      @Sp3ll633 Před 2 lety

      " boost tourism" ahahahaha who the f wants to go to the desert?
      Especially with this backward society.

  • @ilyasabdullahishuaybdr2485

    Alhamdullilah I am so happy

  • @pascald726
    @pascald726 Před 10 měsíci +1

    Salaam MBS❤Good Job Amo✌🏾

  • @davidlanham99
    @davidlanham99 Před 4 lety +11

    "...when it comes to relations between the United States and Saudi Arabia, Washington has all of the leverage. American policymakers shouldn’t forget that." Ellen Wald, NY Times Oct. 18, 2018.

  • @phenomenalfemale524
    @phenomenalfemale524 Před 3 lety +71

    Saudi Aramco went public with the world's largest-ever IPO on Wednesday morning, with shares surging more than 15% in two days of trading & giving the state oil giant a valuation of $2 trillion.Dec 11, 2019

    • @noreenvarda8746
      @noreenvarda8746 Před rokem

      Assa Alkm! When you have a Family of Leaders the Population holds sacred & fear, isnt it a Tyranny? No human being ought to be so revered except, as in Islam, the True Prophet Nabi Muhhamad SAW!

    • @netizencapet
      @netizencapet Před rokem +1

      Saudi Aramco did NOT go public in 2019. Rather, they sold 1.5 % of their shares publicly. The other 98.5% are still held by the Saudi State. For a state owned enterprise to "go public" would mean that the government owner would sell a majority or all of the company's shares on an open stock market. Much hype was made that they were poised to do just that, but this was not so.

    • @Zvxers7
      @Zvxers7 Před 8 měsíci +1

      ​@eqwalle4884 saudi arabia gdp is over a trillion 😂

  • @Paradoxisthefingerprintofgod
    @Paradoxisthefingerprintofgod Před 10 měsíci

    Saudi Aramco is one of my favorite companies.

  • @apriljeddahlynbacud8537
    @apriljeddahlynbacud8537 Před 4 lety +2

    My father works here. I am so proud of him. I miss him so much!!

  • @andytan911
    @andytan911 Před 5 lety +21

    Something must be wrong, if it really makes that much money and really still had that much reserves, they wouldn’t need to IPO.

    • @devinkim4588
      @devinkim4588 Před 5 lety +5

      Yeah but its more about the transition from combustion engines to electric. I let you in on a little secret. Automobile Makers have been pushing to put Electric on the road for nearly 30 but have been restricted. The restriction on electric vehicles have lifted. We are currently the Infant stage of electric vehicles, but the growing pains will not be there. Within 15 years electric vehicles and other forms to power will make traditional combustion engines obsolete.

    • @ParisNorriss
      @ParisNorriss Před 3 lety +3

      The reason to IPO isn't just to raise money. It's also to have a market to sell your shares for a good multiple of earnings. They are trying to diversify away from oil and hence selling Aramco over time to fund other projects.

    • @AT-cy7im
      @AT-cy7im Před 3 lety

      Ammm it would have made sense and very much so. This about it: with the IPO the shareholders would be only a few and they would VERY VERY RICH like 2 trillion worth of rich while the people would have become poorer. That is why Saudi eonomists leaked info at the risk of going to jail. Now with Aramco being a state owned company, everyone benefits...with the IPO only a few would. Brave those smart guys that denounced this, I pray they are doing well.

  • @shmsid48
    @shmsid48 Před 3 lety +4

    I just pray that Saudi and the people of Saudi Arabia live again in peace and prosperity. Ameen.

    • @ziyadaldegaither8931
      @ziyadaldegaither8931 Před 3 lety +1

      Come over and check it out for yourself. I currently live in Boston, Massachusetts but am a citizen of Saudi Arabia. I feel more at peace and safer in Riyadh than anywhere in the USA.

  • @user-nm1mm8ey2z
    @user-nm1mm8ey2z Před rokem +1

    I Love คุณลุงค่ะ. I miss you 🤗❤️

  • @cvvarghese2242
    @cvvarghese2242 Před 2 lety +1

    My beloved Crown Prnce MBS, HEARTY GREETINGS.
    I hear that Your Highness is in problems. At the same time you Highness declared several reformations favouring women. They are the noble companions God the ALMIGHTY has given to men. But they are considered by 'some uncultured' as slaves which is against GOD THE ALMIGHTY. So Your Highness has taken firm steps, which is HIGHLY APPRECIATED. We expect A LOT from you. Your Highness can do it. If Your Highness is after TRUTH, YOU WILL SUCCEED BECAUSE GOD IS TRUTH AND GOD WILL BLESS WHO FOLLOWS THE TRUTH.
    I will pray for you. Convey my best love 💘 and regards to my beloved Hamdan, who is your friend. Thak you.
    With love 💘 and regards
    CV Varghese.

  • @mohdanzarhashmi3257
    @mohdanzarhashmi3257 Před 5 lety +5

    Allah Always keep success continue Saudi Aramco VISION 2030

  • @aloamabrighton1089
    @aloamabrighton1089 Před 4 lety +3

    Aramco's loyalty towards the Saudi people is admirable!! Talk about shifting the paradigm!!

    • @mohammadbinsalmanasl6120
      @mohammadbinsalmanasl6120 Před 3 lety

      Agents are needed to work at MBS foundation if you are interested send me a direct message or whatapp +13478685697 just your Royal membership card

    • @domnoonan6687
      @domnoonan6687 Před 2 lety

      @@mohammadbinsalmanasl6120 hello friend

  • @bipinshahi9830
    @bipinshahi9830 Před 2 lety +1

    I have to say his highness thank you🙇‍♂️

  • @aabdelkaderbouteldja1004

    نشكر جزيل الشكر والتقدير والاحترام للإدارة الأمريكية السعودية للمجهودات القوية التي يبذلونها لأجل التعاون و التضامن و التكافل و التكاتف و الإتحاد و التشاور لأجل إحلال السلم و السلام العالمي للعالم أجمع

  • @Larkinchance
    @Larkinchance Před 4 lety +3

    This is a slick sales pitch......Let the buyer beware..

  • @robertpeston6692
    @robertpeston6692 Před 5 lety +33

    Aramco was founded with the Americans and Arabians (AraMcompany). The IPO was announced last year and they were deciding whether to go to NYSE (NASDAQ/NYC:AMCO) or LSE:/LSE.AMCO. They then pulled out and said they are not comfortable yet transitioning to the public phase, maybe it was just a testing between who would give them better concessions. Ultimately, the British did but they pulled out anyway.

    • @myraxmars9164
      @myraxmars9164 Před rokem

      Aramco Aramaic Aramco oil gas energy company oil gas Rainbow🌈many muslim not agree mbs Rules but I' support mbs MBS Rules peace before MBS Rules Arab Saudi Christmas Valentine's muslim Rejected but MBS Rules Christmas Valentine's consert deal 👍👍 who claim MBS kill jamal kasogi MBS not kill kasogi face me investigation who suppect MBS 👍💚Al UZZA 🌕⚡☀️🌟🌈

    • @grantandrew619
      @grantandrew619 Před rokem +2

      perhaps you should watch

    • @michaelaram5114
      @michaelaram5114 Před rokem +1

      Aram is my lastname.. I hope I'm work in Aramco someday..

    • @noreenvarda8746
      @noreenvarda8746 Před rokem +1

      They want complete control....

    • @noreenvarda8746
      @noreenvarda8746 Před rokem

      @@michaelaram5114 mmore like haram

  • @alsalam8027
    @alsalam8027 Před rokem

    The Jackup rig showed on the initial part belongs to saudi aramco rowan offshore, been there onboard couple of times

  • @user-no4ij8lx6w
    @user-no4ij8lx6w Před rokem

    سموامير محمد ابو فهد الله يحرسك الله يحفظك انت وزيجتك والادك طول بي اعماركم امين يا رب علامين

  • @Amazon_Finds_2k
    @Amazon_Finds_2k Před 2 lety +6

    Beautiful company!

  • @instantkarma1978
    @instantkarma1978 Před 5 lety +17

    My grandfather worked for Aramco in the 60s and 70s. He may be in some of the historical footage shown. By the time he died at the turn of the century, he said that the company and the country had changed a lot and wasn't the same by then. He probably wouldn't even recognize it at all by now.

    • @nGAhGENVH0Ul
      @nGAhGENVH0Ul Před 5 lety

      It's unbelievable how fast and drastic the change has been.

  • @sajidrao3625
    @sajidrao3625 Před rokem

    Allah pak humare is ghr pr apni rehmat ka saya hmasha rakhae Ameen 🤲🤲🤲

  • @rohitsingh-dd4xo
    @rohitsingh-dd4xo Před 4 lety +1

    I really love to see the documentary of musa Al Sadr

    • @mohammadbinsalmanasl6120
      @mohammadbinsalmanasl6120 Před 3 lety

      Agents are needed to work at MBS foundation if you are interested send me a direct message or whatapp +13478685697 just your Royal membership card

  • @MSaad-ht7ni
    @MSaad-ht7ni Před 4 lety +7

    If Unemployment remains High despite there being jobs then u got a significant problem.. Whole story of Saudia arabia described in few words..

  • @bismahzjallani5916
    @bismahzjallani5916 Před 4 lety +4

    No company is bigger than the cost of human life

  • @albertrivero7323
    @albertrivero7323 Před 2 lety

    this is an enlighthenment......

  • @jamessylvestri8674
    @jamessylvestri8674 Před 2 lety +1

    I really like the prince he has I think an honest and very serious face very intelligent person

  • @niquinavarrete1415
    @niquinavarrete1415 Před 4 lety +4

    I love you Saudi Arabian prince. Thank you for changing a nation we once were so terrified with. 🙏

  • @Longtack55
    @Longtack55 Před 5 lety +16

    Thank you AJ - excellent points to ponder, particularly vigorous Due Diligence. I see down-voters still haven't welcomed or grasped the idea of modern business practices and anything other than oligarchic and corrupt leaders grovelling to absolute monarchies . "Accountability is uncertain" typically modest understatement of a former diplomat.

  • @gordonzuma6190
    @gordonzuma6190 Před rokem

    verb
    1.
    put (someone or something) on land from a boat.
    "he landed his troops at Hastings"
    2.
    come down through the air and rest on the ground or another surface.
    "we will shortly be landing at Gatwick"
    Similar:
    touch down
    alight
    make a landing
    come in to land

  • @baliharsingh2315
    @baliharsingh2315 Před rokem +1

    God bless you bro

  • @WhateverDudeMan
    @WhateverDudeMan Před 2 lety +4

    Thank you Qatar for this documentary!

  • @mlaka8155
    @mlaka8155 Před 4 lety +11

    Profit in 2018:
    Saudi Aramco: $111 billion
    Apple: $59.5 billion
    Samsung: $39.9 billion
    JPMorgan: $32.5 billion
    Alphabet: $30.7 billion
    Shell: $23.4 billion

    • @roxyraccoon8856
      @roxyraccoon8856 Před 4 lety +1

      Let's all stop for a moment to -THANK- Ronald Reagan and Republicans since him for _cutting_ taxes on those who can most afford to pay them: Corporations.

    • @ldwabananattqw
      @ldwabananattqw Před 4 lety

      net income*

    • @gimmick206
      @gimmick206 Před 4 lety

      I wont say aramco made a profit, cause it also lose the reserve so it stuck, you get money you lose oil, also the price is dropping

    • @roxyraccoon8856
      @roxyraccoon8856 Před 4 lety

      I remember the good old days when stupid people just listened.

  • @mdkarim8991
    @mdkarim8991 Před 4 lety +1

    Im also work in a Saudi Aramco Related Company in Dammam Saudi Arabia.

  • @safeerkhan7414
    @safeerkhan7414 Před 2 lety +1

    رب اجعل ھذا بلدا امنا وارزق اھلہ من الثمرات من امن

  • @user-nx4mf6oq4d
    @user-nx4mf6oq4d Před 3 lety +5

    الأمير محمد بن سلمان رجل المرحلة حفظه الله

  • @silwadi08
    @silwadi08 Před 5 lety +30

    I pray the dismantlement of the oppressive saudi family regime is steadfast.

  • @kamalraj2050
    @kamalraj2050 Před 2 lety

    Nice 👍 video

  • @JAMESBOND77778
    @JAMESBOND77778 Před rokem

    WONDERFUL! VICTORY BIN SALMAN

  • @AS-qj6zf
    @AS-qj6zf Před 4 lety +52

    It’s interesting how the attack happened right when they’re trying to do an IPO which is dependent on oil price... nice chess move, blame Iran while boosting their IPO value.

    • @kdcruz75
      @kdcruz75 Před 4 lety +5

      They ramped up the price to get a higher IPO...
      Maybe they dont have the reseerves to get a higher IPO..
      To get a. Higher IPO share pricing they need to show a history of higher reserves...maybe its just them showing part of petroleum production as reserves...and then rilling that figure over...
      So when they ramp up the price... They want to fool the public into thinking that they r doing that in the back of huge reserves...
      If the market knew that the reserves were fictional then the shorting pressure would be very high... They lose theor power to determine the price.. the short sellers would be determining the price..

    • @spin-cthrowshands5553
      @spin-cthrowshands5553 Před 4 lety +7

      If anythinf that lowers their IPO price. Speculation is the biggest driver of the market. No one wants to invest into a possible future war zone.

    • @cookinsdabest
      @cookinsdabest Před 4 lety +6

      @@spin-cthrowshands5553 I agree, I think they were attacked to damage the ipo, but it could have been usa, Israel, Russia, Iran, Yemen, we may never know who actually did this

    • @spin-cthrowshands5553
      @spin-cthrowshands5553 Před 4 lety +1

      @@cookinsdabest True, but only thing you can do is go with whatever evidence has been presented from both sides... and thus far America & the allies have presented more convincing evidence. There are questions to some aspects of the investigation, but majority of investigations always have questions. Iran hasn't presented anything to show their innocence. They were involved either primarily, like the evidence is pointing to, or aiding the attack... In America, that still gets murder. You knowingly aided/ planned the attack, you are just as guilty as the attacker.
      And that is regardless of anti-iran policy, anti-Islamic possible feelings, ect. That doesn't neccesarily make America guilty of perpetuating a false narrative instantly... but it does make us all look closer at the entire investigation, all the motivations, who, what, when, where, and why.
      God bless the USA. 🇺🇸🇺🇸

    • @lilbit5557
      @lilbit5557 Před 4 lety

      Absolutely

  • @Lunatic4Bizcas
    @Lunatic4Bizcas Před 4 lety +10

    "Houston is an oil town." How about mega-city in the United States. Fourth largest city by population in the U.S in fact if I'm not mistaken.

  • @phenomenalfemale524
    @phenomenalfemale524 Před 3 lety

    So what is the best Oil stock/ETF to buy now March 2021? Should an investor buy an ETF that has Saudi Aramco as the largest holding w/ a 5 star Morningstar rating? Most say oil is going up in 2021.

  • @yassenabdalfatah5775
    @yassenabdalfatah5775 Před rokem +1

    قلب الأسد وصانع المعجزات الأمير محمد بن سلمان مفخرة العرب والشخصية القيادية في العالم صاحب اقوى شخصية عالمية حفظكم ألله ورعاكم هامة طويق مايهزك ريح

  • @abdullahiahmed3425
    @abdullahiahmed3425 Před 5 lety +6

    Just do it already I would love to buy shares in Aramco, and I would encourage people to do the same, oil is one of the best investments like gold or real estate even if oil is selling at 20 dollars a barrel it's not a worry because you would still be making a profit, so just do it Saudi Arabia !

  • @nah333n
    @nah333n Před 4 lety +4

    It’s 5% down today wow love seeing it going down

    • @xtr3me_hx832
      @xtr3me_hx832 Před 2 lety

      Lool look today and cry harder

    • @nah333n
      @nah333n Před 2 lety

      @@xtr3me_hx832
      Can u do it for me please 🙏
      I'll pay u

  • @sarasaadat2094
    @sarasaadat2094 Před 2 lety

    🤲 all prays of Muslimah. Ummah is supporting Saudi

  • @teelash7612
    @teelash7612 Před 4 lety

    excelent

  • @jonathanvladov9942
    @jonathanvladov9942 Před 5 lety +11

    18:15 she says that Aramco not listing in the NYSE limits their access to capital ? how much capital would they need? why would it limit it?

    • @mariorossi9655
      @mariorossi9655 Před 3 lety +4

      If they were to list it on another stock exchange, say Shanghai, then the stock would have to be bought and sold in Chinese Yuan currency. This makes you vulnerable to fluctuations in the value of the yuan. Additionally, listing ARAMCO in a lower-transparency stock exchange is a big signal to investors that there is something shady going on, so they won't buy in. Anyways, you'd need to be dumb as a rock to invest in ARAMCO. Like seriously, who's gonna put their money on oil in 2020?

  • @solidwaters1866
    @solidwaters1866 Před 4 lety +9

    I'm surprised this video allowed comments!!!

    • @solidwaters1866
      @solidwaters1866 Před 4 lety

      @笑 يُوسُفُ 笑
      Read Quran and spell right, Israel is holly land. According to Quran,
      At least elected Israel has prime minister.

    • @shahirani4762
      @shahirani4762 Před 4 lety

      solid waters correction. It WAS the holy land. Not anymore for jews

  • @sh4m4npi7ot9
    @sh4m4npi7ot9 Před 4 lety +1

    44:11 That's a Crocodile smile. Have I just signed my own…

    • @jimmywrangles
      @jimmywrangles Před 4 lety +1

      He's an evil looking dude that's for sure.

  • @ricfermi5886
    @ricfermi5886 Před 2 lety +1

    MAH SHA ALLAH Muhammad bin Salman!!
    Bismillah!
    Most generous!

  • @FireMao
    @FireMao Před 4 lety +5

    I would like to hear what the family's vision is on how the planet is to be saved.

  • @Clithero
    @Clithero Před 3 lety +3

    Would Love to see an Arab Audit of USA's Oil industry in full disclosure. Not happening

  • @suzana838
    @suzana838 Před 2 lety

    PERFEKT...EXTREM....GENIAL..❤❤🙏

  • @keithmcloughlin7324
    @keithmcloughlin7324 Před 5 lety +4

    Yea gotta love ❤️ Al Jazeera , The whole truth , Best wishes Dublin , Ireland , ❤️🙏☘✌️💯🇮🇪☘👏🏻....... 😇

  • @ClandestinoTVworld
    @ClandestinoTVworld Před rokem

    Amazing