Saudi Crown Prince Mohammad Bin Salman Bin Abdulaziz announced last Sunday (16/4/2023) that Saudi Arabia has transferred 4% of Saudi Aramco’s shares from the Kingdom’s coffers to Sanabil Investments, a Saudi investment company wholly owned by the Public Investment Fund (PIF).
What are Crown Prince Mohammad’s motives behind the move?
Is this move related to enhancing energy cooperation with Chinese companies? What will be done in the next stage?
What are Prince Abdulaziz’s thoughts on the matter?
Tactical Report has prepared a 317-word report to answer these questions and more.