Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Saudi Aramco becomes most valuable listed company in history valued at Dollar 2Tn

OtherDec 12, 2019
Saudi Aramco becomes most valuable listed company in history valued at Dollar 2Tn
The Saudi state-backed oil company which is the world’s biggest fossil fuel producer reached a value of $2 Tn on the second day of trading at Riyadh’s stock exchange. It is also twice the size of Amazon and Alphabet, Google’s parent company, and bigger than the next five listed oil companies put together. Apple Inc 1.18Tn , Microsoft Corp 1.15 Tn, Alphabet Inc 0.93 Tn, Inc 0.87 Tn, Facebook Inc 0.57Tn. Aramco is reportedly considering plans to raise more money by seeking a broader base of international institutional investors through a possible float in Asia ,The Guardian Reports


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