Today we are going to talk about the world’s biggest company which is bigger than Google and it is the world’s biggest government oil company. A few days ago, it also left behind America’s tech company Google through its income and today its net worth is 2.5 trillion dollars. As oil is becoming expensive for us, similarly Aramco is becoming even stronger. Aramco was already the world’s biggest oil company. The full name of Aramco is Arab America Oil Company and
What is the history about Saudi Aramco
SAUDAI AMARCO is located in a beautiful city in SAUDAI Arab. This is a PETROLIM AND GAS COMPANY. It is known as the name of the biggest oil supplier in the world. You would be surprised to know that America produces 1 crore barrel crude oil daily. And the other surprising thing is that this company has been working on extracting oil since last 91 years. Its real value was not known till 2019. This company was formed in 1933. America also participated in it in 1933. Then in 1980 Saudi government took as much money from America as possible. SHARE PRICE OF IT So the SAUDAI government returned all of them. Since our time ARAMCO COMPANY was completely under the SAUDAI government and the name of the US company became SAUDAI ARAMCO. ARMCO works in the OIL AND GAS SECTOR. According to 2021 the COMPANY does 230 Arab crore sales. So how do we know that ARAMCO is the biggest company in the world. This is known to all. As the rate of oil increases in other countries, the profit of the company also increases. Earlier 4 / 5 years no one knew this company. Then when the company started its When the income was revealed in 2019, all the people were surprised. Friends, the SAUDAI government kept its operation, financial status and profile under wraps before 2019. This was released when ARAMCO was about to launch its IPO. Whenever any IPO is launched, it has to be shown its financial status so that people can invest their money by checking the financial status of the company. And when these people came to know, GOOGLE, APPLE, MICROSOF were the biggest companies of the US but when America revealed its financial status If it was revealed then these companies did not even come close to us. GOOGLE’S REVENUE AT US TIME WAS $794 BILLION DOLLAR.
APPLE’S WAS $928 BILLION DOLLAR.
AND MICROSOFT’S WAS 1.06 TRILLION DOLLAR.
Which means that when these 2 companies merge then it will be equal to that of ARAMCO COMPANY.
AND THE PROFITBLITY OF THEM WAS ALSO ALSO CONSIDERED
Who was the first CEO of Saudi Aramco
Firstly in Saudi, the CEO was called PRESEDENT. The name of the President of our time was Ali I. Al-Naimi and in 1938 he was made CEO by changing the name of President.
What is the old name of Saudi Arabia?
THE OLD NAME OF SAUDAI IS THE AL-MAMLAKA AL= ARABIYYA AS = SUUDIYYA HAI
What is Saudi Aramco’s business model
ARAMCO was going to launch its IPO in 2017, due to which people started investing in this company and the company also grew further. Earlier it used to keep its data secret from people, when its IPO was launched in 2019, then people started investing in it and in 1943 it laid the world’s largest pipeline so that it could supply oil to the European countries, due to this Aramco company started earning huge profits.
Who is Aramco’s biggest customer?
CHINA IS THE BIGGEST CUSTOMER OF ARAMCO. As of today, it is buying raw oil much earlier than ARAMCO and is selling it in China after refining it.
Who are the biggest investors in Aramco?
Saudi Aramco itself holds 82% of its stock and has made 16% public for feature
What is the future plan of Aramco?
A such city is being built in Saudi Arabia which is like some science fiction movie and this feature city is being designed with 170 Km long mirror and it is more than 500 meters high. A long line which is longer than the Aifil Tower of Dubai is being built and 200 meters in Chowda and this is going to be completely featureistic and its cost is being estimated at 1 TRILLION DOLLAR which will be completed by 2045.
Who owns Saudi Aramco net worth?
Ali I. Al-Naimi OWN THE ARAMCO COMPANY Odai Aramco is the world’s largest oil and gas manufacturer and its net worth is US$2 trillion.
PROFIT OF ARAMCO COMPANY AND ANOTHER COMPANY
In 2011, the total profit of AMAZONE was 11.2 BILLION DOLLAR
MICRO SOFT was 16 BILLION DOLLAR
GOOGLE had around 30 BILLION DOLLAR
APPLE’s profit was 59 BILLION DOLLAR
US TIME SAUDAI’s profit was 111 BILLION DOLLAR