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   Saudi American Trading

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   Saudi American Trading

 * Saudi Americans


SAUDI AMERICANS

Saudi Americans are Americans of total or partial Saudi descent. According to
the census of 2000, 7,419 people of Saudi origin live in the United States.
Between 2007 and 2011, had 38,787 Saudi-born living in United States according
to the American Community Survey. Saudi Arabia and the United States have had
important political relations since the 1940s. Population estimates are seen to
have a very small diaspora, mainly because Saudi Arabia provides them with more
than adequate welfare benefits, removing the need to live and work in other
developed countries.


HISTORY

Citizens of Middle Eastern countries have been immigrating to the United States
since the late nineteenth century. However, the Muslims of Middle East did not
begin to immigrate in great numbers until after World War II. The first Saudis
who settled in the United States were personal ambassadors of the Saudi Arabia
Embassy in Washington, D.C., in the mid-1940s. The US Immigration and
Nationality Act of 1965, which established preferential treatment for educated
immigrants, encouraged a limited number of Saudis to seek US citizenship. Those
Saudi Arabians who did settle permanently in the United States were commonly
well educated and lived near cities where they held professional jobs.

Read more
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Saudi_Americans


PODCASTS:



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 * CAN SAUDI ARABIA KEEP LINKS WITH ISRAEL?
   
   On September 22, 2023, Israeli Prime Minister Benjamin Netanyahu said his
   country was on the cusp of a dramatic breakthrough that would change the
   Middle East forever. The prime minister was referring to a normalization of
   diplomatic relations with Saudi Arabia, Israel’s richest neighbor and the
   birthplace of Islam. But only a few weeks later, a deadly terror attack by
   Hamas in Israel reignited the oldest conflict in the region and quickly
   spiraled into a war. America’s Arab partners in the Middle East like Saudi
   Arabia are caught between delicate diplomatic relations and angry
   constituencies back home. #CNBC #Israel #SaudiArabia ----- Subscribe:
   http://cnb.cx/2wuoARM CNBC International TV: https://cnb.cx/2NGytpz LinkedIn:
   https://www.linkedin.com/showcase/cnbc-international/ TikTok...
   
   published: 13 Dec 2023
   


 * KENYA DITCHES THE U.S DOLLAR TO TRADE WITH THE UAE AND SAUDI ARABIA
   
   Wongel Zelalem reports on Kenya signing deals with UAE's ADNOC and Saudi
   Aramco for the supply of petroleum products using shilling instead of U.S
   dollar.
   
   published: 09 Apr 2023
   


 * TRUMP: KHASHOGGI CASE WILL NOT STOP $110BN US-SAUDI ARMS TRADE
   
   Donald Trump has made it clear that whatever the outcome of the inquiry into
   the disappearance of the journalist from the Saudi embassy in Istanbul, the
   US will not forgo lucrative arms deals with Riyadh. The president says the
   possibility of Saudi Arabia sourcing its arms from Russia or China instead is
   unacceptable Trump announces Khashoggi investigation but says he will not
   halt Saudi arms sales ►
   https://www.theguardian.com/world/2018/oct/11/jamal-khashoggi-saudi-arabia-under-pressure-from-trump-administration
   Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
   Support the Guardian ► https://theguardian.com/supportus The Guardian ►
   https://www.theguardian.com The Guardian YouTube network: The Guardian ►
   www.youtube.com/theguardian Owen Jones talks ► http://bit...
   
   published: 12 Oct 2018
   


 * OIL ANALYST SANKEY SAYS SAUDI MAY TRY TO ‘DUMP THE MARKET’
   
   Paul Sankey, founder and lead analyst at Sankey Research, says Saudi Arabia
   may “dump the market and try to make everyone honest again” in the second
   quarter of next year out of frustration with production from Iran and the US.
   -------- Follow Bloomberg for business news & analysis, up-to-the-minute
   market data, features, profiles and more: http://www.bloomberg.com Connect
   with us on... Twitter: https://twitter.com/business Facebook:
   https://www.facebook.com/bloombergbusiness Instagram:
   https://www.instagram.com/bloombergbusiness/
   
   published: 07 Dec 2023
   


 * HOW GLOBAL TRADE RUNS ON U.S. DOLLARS | WSJ
   
   Nearly 90% of international transactions in 2019 were in U.S. dollars, giving
   the U.S. extraordinary power over nearly every entity that imports or exports
   anything anywhere. Here’s how the global economy runs on the U.S. dollar --
   and why some countries are trying to chip away at its dominance. More from
   the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ
   Video Center: https://wsj.com/video On Facebook:
   https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ
   On Snapchat: https://on.wsj.com/2ratjSM #WSJ #Economy #Trade
   
   published: 22 Jan 2020
   


 * OIL MARKET SOFTENS; SAUDI ARABIA CUTS ASIA PRICES
   
   Oil is trading lower for a fifth day. Key market gauges indicate that
   supplies are outstripping demand, And Saudi Arabia slashed its official crude
   oil selling prices to Asia by the most since February. Su Keenan reports on
   Bloomberg Television. -------- Follow Bloomberg for business news & analysis,
   up-to-the-minute market data, features, profiles and more:
   http://www.bloomberg.com Connect with us on... Twitter:
   https://twitter.com/business Facebook:
   https://www.facebook.com/bloombergbusiness Instagram:
   https://www.instagram.com/bloombergbusiness/
   
   published: 06 Dec 2023
   


 * SAUDI DUMPING BIDEN FOR XI? KINGDOM MULLS OIL TRADE WITH CHINA IN YUAN
   INSTEAD OF DOLLAR
   
   Saudi Arabia is in active talks with Beijing to price its some of its oil
   sales to China in yuan, people familiar with the matter said, a move that
   would dent the U.S. dollar’s dominance of the global petroleum market and
   mark another shift by the world’s top crude exporter toward Asia. Any move to
   conduct oil transactions with China in yuan would mark a profound shift for
   the energy market, where 80 percent of sales are conducted in the U.S
   Dollars. Reports suggest that the Saudi Arabia & China have been in
   discussions about yuan-priced oil contracts since at least 2016, but they
   have advanced recently on the back of growing Saudi concerns over
   Washington's commitment to the kingdom's security. Watch this report for
   more. #SaudiArabia #China #Dollar #Yuan #Xijinping #Biden #Putin #Unite...
   
   published: 16 Mar 2022
   


 * UNITED KINGDOM-SAUDI ARABIA TRADE IN GOODS & SERVICES SURGES BY 65.8%
   
   Saudi Arabia was the source of the United Kingdom's imports of refined oil,
   crude oil, non-ferrous metals, and basic plastics, among other things Read
   more:
   https://internationalfinance.com/economy/united-kingdom-saudi-arabia-trade-goods-services-surges/
   
   published: 31 Oct 2023
   


 * SAUDI ARAMCO HITS $2 TRILLION MARKET VALUATION ON SECOND DAY OF TRADING
   
   Shares of Saudi Aramco surged on their second day of public trading, pushing
   the kingdom’s record IPO to a gargantuan $2 trillion valuation and briefly
   touching Crown Prince Mohammed bin Salman’s long-held target for the company.
   Share rose 10% to 38.7 riyals apiece ($10.32) but slipped back to 37 riyals
   within minutes of the market open. The figure, nearly $1 trillion higher than
   the world’s next-largest public companies Microsoft and Apple, was long
   ridiculed and regarded with disbelief by much of the international financial
   community. Riyadh on Wednesday made history by listing 1.5% of its state-run
   oil giant on its local stock exchange, the Saudi Tadawul, in what was the
   largest IPO on record. Shares went limit up, rising 10% in price as trading
   started, giving the company a valu...
   
   published: 12 Dec 2019
   


 * US-SAUDI TRADE TIES STRONG
   
   
   
   published: 23 Jun 2016
   

PreviousNext

developed with YouTube

7:45


CAN SAUDI ARABIA KEEP LINKS WITH ISRAEL?

 * Order: Reorder
 * Duration: 7:45
 * Uploaded Date: 13 Dec 2023
 * views: 43789

On September 22, 2023, Israeli Prime Minister Benjamin Netanyahu said his
country was on the cusp of a dramatic breakthrough that would change the Middle
East f...
On September 22, 2023, Israeli Prime Minister Benjamin Netanyahu said his
country was on the cusp of a dramatic breakthrough that would change the Middle
East forever. The prime minister was referring to a normalization of diplomatic
relations with Saudi Arabia, Israel’s richest neighbor and the birthplace of
Islam. But only a few weeks later, a deadly terror attack by Hamas in Israel
reignited the oldest conflict in the region and quickly spiraled into a war.
America’s Arab partners in the Middle East like Saudi Arabia are caught between
delicate diplomatic relations and angry constituencies back home. #CNBC #Israel
#SaudiArabia ----- Subscribe: http://cnb.cx/2wuoARM CNBC International TV:
https://cnb.cx/2NGytpz LinkedIn:
https://www.linkedin.com/showcase/cnbc-international/ TikTok:
https://www.tiktok.com/@cnbci Facebook:
https://www.facebook.com/cnbcinternational Instagram:
https://www.instagram.com/cnbcinternational/ Threads:
https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi
Telegram: https://t.me/cnbci
https://wn.com/Can_Saudi_Arabia_Keep_Links_With_Israel

On September 22, 2023, Israeli Prime Minister Benjamin Netanyahu said his
country was on the cusp of a dramatic breakthrough that would change the Middle
East forever. The prime minister was referring to a normalization of diplomatic
relations with Saudi Arabia, Israel’s richest neighbor and the birthplace of
Islam. But only a few weeks later, a deadly terror attack by Hamas in Israel
reignited the oldest conflict in the region and quickly spiraled into a war.
America’s Arab partners in the Middle East like Saudi Arabia are caught between
delicate diplomatic relations and angry constituencies back home. #CNBC #Israel
#SaudiArabia ----- Subscribe: http://cnb.cx/2wuoARM CNBC International TV:
https://cnb.cx/2NGytpz LinkedIn:
https://www.linkedin.com/showcase/cnbc-international/ TikTok:
https://www.tiktok.com/@cnbci Facebook:
https://www.facebook.com/cnbcinternational Instagram:
https://www.instagram.com/cnbcinternational/ Threads:
https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi
Telegram: https://t.me/cnbci

 * published: 13 Dec 2023
 * views: 43789

3:02


KENYA DITCHES THE U.S DOLLAR TO TRADE WITH THE UAE AND SAUDI ARABIA

 * Order: Reorder
 * Duration: 3:02
 * Uploaded Date: 09 Apr 2023
 * views: 170918

Wongel Zelalem reports on Kenya signing deals with UAE's ADNOC and Saudi Aramco
for the supply of petroleum products using shilling instead of U.S dollar.
Wongel Zelalem reports on Kenya signing deals with UAE's ADNOC and Saudi Aramco
for the supply of petroleum products using shilling instead of U.S dollar.
https://wn.com/Kenya_Ditches_The_U.S_Dollar_To_Trade_With_The_Uae_And_Saudi_Arabia

Wongel Zelalem reports on Kenya signing deals with UAE's ADNOC and Saudi Aramco
for the supply of petroleum products using shilling instead of U.S dollar.

 * published: 09 Apr 2023
 * views: 170918

1:02


TRUMP: KHASHOGGI CASE WILL NOT STOP $110BN US-SAUDI ARMS TRADE

 * Order: Reorder
 * Duration: 1:02
 * Uploaded Date: 12 Oct 2018
 * views: 28842

Donald Trump has made it clear that whatever the outcome of the inquiry into the
disappearance of the journalist from the Saudi embassy in Istanbul, the US
will...
Donald Trump has made it clear that whatever the outcome of the inquiry into the
disappearance of the journalist from the Saudi embassy in Istanbul, the US will
not forgo lucrative arms deals with Riyadh. The president says the possibility
of Saudi Arabia sourcing its arms from Russia or China instead is unacceptable
Trump announces Khashoggi investigation but says he will not halt Saudi arms
sales ►
https://www.theguardian.com/world/2018/oct/11/jamal-khashoggi-saudi-arabia-under-pressure-from-trump-administration
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub Support
the Guardian ► https://theguardian.com/supportus The Guardian ►
https://www.theguardian.com The Guardian YouTube network: The Guardian ►
www.youtube.com/theguardian Owen Jones talks ► http://bit.ly/subsowenjones
Guardian Football ► http://is.gd/guardianfootball Guardian Sport ►
http://bit.ly/GDNsport Guardian Culture ► http://is.gd/guardianculture Guardian
Science and Tech ► http://is.gd/guardiantech
https://wn.com/Trump_Khashoggi_Case_Will_Not_Stop_110Bn_US_Saudi_Arms_Trade

Donald Trump has made it clear that whatever the outcome of the inquiry into the
disappearance of the journalist from the Saudi embassy in Istanbul, the US will
not forgo lucrative arms deals with Riyadh. The president says the possibility
of Saudi Arabia sourcing its arms from Russia or China instead is unacceptable
Trump announces Khashoggi investigation but says he will not halt Saudi arms
sales ►
https://www.theguardian.com/world/2018/oct/11/jamal-khashoggi-saudi-arabia-under-pressure-from-trump-administration
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub Support
the Guardian ► https://theguardian.com/supportus The Guardian ►
https://www.theguardian.com The Guardian YouTube network: The Guardian ►
www.youtube.com/theguardian Owen Jones talks ► http://bit.ly/subsowenjones
Guardian Football ► http://is.gd/guardianfootball Guardian Sport ►
http://bit.ly/GDNsport Guardian Culture ► http://is.gd/guardianculture Guardian
Science and Tech ► http://is.gd/guardiantech

 * published: 12 Oct 2018
 * views: 28842

2:53


OIL ANALYST SANKEY SAYS SAUDI MAY TRY TO ‘DUMP THE MARKET’

 * Order: Reorder
 * Duration: 2:53
 * Uploaded Date: 07 Dec 2023
 * views: 11553

Paul Sankey, founder and lead analyst at Sankey Research, says Saudi Arabia may
“dump the market and try to make everyone honest again” in the second quarter
of...
Paul Sankey, founder and lead analyst at Sankey Research, says Saudi Arabia may
“dump the market and try to make everyone honest again” in the second quarter of
next year out of frustration with production from Iran and the US. --------
Follow Bloomberg for business news & analysis, up-to-the-minute market data,
features, profiles and more: http://www.bloomberg.com Connect with us on...
Twitter: https://twitter.com/business Facebook:
https://www.facebook.com/bloombergbusiness Instagram:
https://www.instagram.com/bloombergbusiness/
https://wn.com/Oil_Analyst_Sankey_Says_Saudi_May_Try_To_‘Dump_The_Market’

Paul Sankey, founder and lead analyst at Sankey Research, says Saudi Arabia may
“dump the market and try to make everyone honest again” in the second quarter of
next year out of frustration with production from Iran and the US. --------
Follow Bloomberg for business news & analysis, up-to-the-minute market data,
features, profiles and more: http://www.bloomberg.com Connect with us on...
Twitter: https://twitter.com/business Facebook:
https://www.facebook.com/bloombergbusiness Instagram:
https://www.instagram.com/bloombergbusiness/

 * published: 07 Dec 2023
 * views: 11553

4:16


HOW GLOBAL TRADE RUNS ON U.S. DOLLARS | WSJ

 * Order: Reorder
 * Duration: 4:16
 * Uploaded Date: 22 Jan 2020
 * views: 709581

Nearly 90% of international transactions in 2019 were in U.S. dollars, giving
the U.S. extraordinary power over nearly every entity that imports or exports
anyt...
Nearly 90% of international transactions in 2019 were in U.S. dollars, giving
the U.S. extraordinary power over nearly every entity that imports or exports
anything anywhere. Here’s how the global economy runs on the U.S. dollar -- and
why some countries are trying to chip away at its dominance. More from the Wall
Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center:
https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On
Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM #WSJ
#Economy #Trade
https://wn.com/How_Global_Trade_Runs_On_U.S._Dollars_|_Wsj

Nearly 90% of international transactions in 2019 were in U.S. dollars, giving
the U.S. extraordinary power over nearly every entity that imports or exports
anything anywhere. Here’s how the global economy runs on the U.S. dollar -- and
why some countries are trying to chip away at its dominance. More from the Wall
Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center:
https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On
Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM #WSJ
#Economy #Trade

 * published: 22 Jan 2020
 * views: 709581

2:00


OIL MARKET SOFTENS; SAUDI ARABIA CUTS ASIA PRICES

 * Order: Reorder
 * Duration: 2:00
 * Uploaded Date: 06 Dec 2023
 * views: 19002

Oil is trading lower for a fifth day. Key market gauges indicate that supplies
are outstripping demand, And Saudi Arabia slashed its official crude oil selling
...
Oil is trading lower for a fifth day. Key market gauges indicate that supplies
are outstripping demand, And Saudi Arabia slashed its official crude oil selling
prices to Asia by the most since February. Su Keenan reports on Bloomberg
Television. -------- Follow Bloomberg for business news & analysis,
up-to-the-minute market data, features, profiles and more:
http://www.bloomberg.com Connect with us on... Twitter:
https://twitter.com/business Facebook:
https://www.facebook.com/bloombergbusiness Instagram:
https://www.instagram.com/bloombergbusiness/
https://wn.com/Oil_Market_Softens_Saudi_Arabia_Cuts_Asia_Prices

Oil is trading lower for a fifth day. Key market gauges indicate that supplies
are outstripping demand, And Saudi Arabia slashed its official crude oil selling
prices to Asia by the most since February. Su Keenan reports on Bloomberg
Television. -------- Follow Bloomberg for business news & analysis,
up-to-the-minute market data, features, profiles and more:
http://www.bloomberg.com Connect with us on... Twitter:
https://twitter.com/business Facebook:
https://www.facebook.com/bloombergbusiness Instagram:
https://www.instagram.com/bloombergbusiness/

 * published: 06 Dec 2023
 * views: 19002

3:26


SAUDI DUMPING BIDEN FOR XI? KINGDOM MULLS OIL TRADE WITH CHINA IN YUAN INSTEAD
OF DOLLAR

 * Order: Reorder
 * Duration: 3:26
 * Uploaded Date: 16 Mar 2022
 * views: 405646

Saudi Arabia is in active talks with Beijing to price its some of its oil sales
to China in yuan, people familiar with the matter said, a move that would dent
t...
Saudi Arabia is in active talks with Beijing to price its some of its oil sales
to China in yuan, people familiar with the matter said, a move that would dent
the U.S. dollar’s dominance of the global petroleum market and mark another
shift by the world’s top crude exporter toward Asia. Any move to conduct oil
transactions with China in yuan would mark a profound shift for the energy
market, where 80 percent of sales are conducted in the U.S Dollars. Reports
suggest that the Saudi Arabia & China have been in discussions about yuan-priced
oil contracts since at least 2016, but they have advanced recently on the back
of growing Saudi concerns over Washington's commitment to the kingdom's
security. Watch this report for more. #SaudiArabia #China #Dollar #Yuan
#Xijinping #Biden #Putin #Unitedstates #Oil #Middleeast
https://wn.com/Saudi_Dumping_Biden_For_Xi_Kingdom_Mulls_Oil_Trade_With_China_In_Yuan_Instead_Of_Dollar

Saudi Arabia is in active talks with Beijing to price its some of its oil sales
to China in yuan, people familiar with the matter said, a move that would dent
the U.S. dollar’s dominance of the global petroleum market and mark another
shift by the world’s top crude exporter toward Asia. Any move to conduct oil
transactions with China in yuan would mark a profound shift for the energy
market, where 80 percent of sales are conducted in the U.S Dollars. Reports
suggest that the Saudi Arabia & China have been in discussions about yuan-priced
oil contracts since at least 2016, but they have advanced recently on the back
of growing Saudi concerns over Washington's commitment to the kingdom's
security. Watch this report for more. #SaudiArabia #China #Dollar #Yuan
#Xijinping #Biden #Putin #Unitedstates #Oil #Middleeast

 * published: 16 Mar 2022
 * views: 405646

0:17


UNITED KINGDOM-SAUDI ARABIA TRADE IN GOODS & SERVICES SURGES BY 65.8%

 * Order: Reorder
 * Duration: 0:17
 * Uploaded Date: 31 Oct 2023
 * views: 5

Saudi Arabia was the source of the United Kingdom's imports of refined oil,
crude oil, non-ferrous metals, and basic plastics, among other things Read more:
ht...
Saudi Arabia was the source of the United Kingdom's imports of refined oil,
crude oil, non-ferrous metals, and basic plastics, among other things Read more:
https://internationalfinance.com/economy/united-kingdom-saudi-arabia-trade-goods-services-surges/
https://wn.com/United_Kingdom_Saudi_Arabia_Trade_In_Goods_Services_Surges_By_65.8

Saudi Arabia was the source of the United Kingdom's imports of refined oil,
crude oil, non-ferrous metals, and basic plastics, among other things Read more:
https://internationalfinance.com/economy/united-kingdom-saudi-arabia-trade-goods-services-surges/

 * published: 31 Oct 2023
 * views: 5

2:14


SAUDI ARAMCO HITS $2 TRILLION MARKET VALUATION ON SECOND DAY OF TRADING

 * Order: Reorder
 * Duration: 2:14
 * Uploaded Date: 12 Dec 2019
 * views: 2617

Shares of Saudi Aramco surged on their second day of public trading, pushing the
kingdom’s record IPO to a gargantuan $2 trillion valuation and briefly
touching...
Shares of Saudi Aramco surged on their second day of public trading, pushing the
kingdom’s record IPO to a gargantuan $2 trillion valuation and briefly touching
Crown Prince Mohammed bin Salman’s long-held target for the company. Share rose
10% to 38.7 riyals apiece ($10.32) but slipped back to 37 riyals within minutes
of the market open. The figure, nearly $1 trillion higher than the world’s
next-largest public companies Microsoft and Apple, was long ridiculed and
regarded with disbelief by much of the international financial community. Riyadh
on Wednesday made history by listing 1.5% of its state-run oil giant on its
local stock exchange, the Saudi Tadawul, in what was the largest IPO on record.
Shares went limit up, rising 10% in price as trading started, giving the company
a valuation of $1.88 trillion on its first day of trading. While the massive
valuation will be seen as a win for the Saudi crown prince, it lacked the
international interest the kingdom had hoped for, relying instead on local
investors after the company canceled overseas roadshows in London and New York.
The long-awaited IPO of world’s most profitable company forms the centerpiece of
Crown Prince Mohammed bin Salman’s Vision 2030 program aimed at transforming the
Saudi economy. The crown prince first floated the idea in 2016, stunning market
observers with his suggestion of the $2 trillion valuation. That figure was
brought down by financial advisors and banks earlier this year to a range of
between $1.5 trillion and $1.7 trillion. For access to live and exclusive video
from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=youtube »
Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to
CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic:
https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market
news and analysis. From market futures to live price updates CNBC is the leader
in business news worldwide. Connect with CNBC News Online Get the latest news:
http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow
CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter:
https://cnb.cx/FollowCNBC Follow CNBC News on Instagram:
https://cnb.cx/InstagramCNBC #CNBC #CNBC TV
https://wn.com/Saudi_Aramco_Hits_2_Trillion_Market_Valuation_On_Second_Day_Of_Trading

Shares of Saudi Aramco surged on their second day of public trading, pushing the
kingdom’s record IPO to a gargantuan $2 trillion valuation and briefly touching
Crown Prince Mohammed bin Salman’s long-held target for the company. Share rose
10% to 38.7 riyals apiece ($10.32) but slipped back to 37 riyals within minutes
of the market open. The figure, nearly $1 trillion higher than the world’s
next-largest public companies Microsoft and Apple, was long ridiculed and
regarded with disbelief by much of the international financial community. Riyadh
on Wednesday made history by listing 1.5% of its state-run oil giant on its
local stock exchange, the Saudi Tadawul, in what was the largest IPO on record.
Shares went limit up, rising 10% in price as trading started, giving the company
a valuation of $1.88 trillion on its first day of trading. While the massive
valuation will be seen as a win for the Saudi crown prince, it lacked the
international interest the kingdom had hoped for, relying instead on local
investors after the company canceled overseas roadshows in London and New York.
The long-awaited IPO of world’s most profitable company forms the centerpiece of
Crown Prince Mohammed bin Salman’s Vision 2030 program aimed at transforming the
Saudi economy. The crown prince first floated the idea in 2016, stunning market
observers with his suggestion of the $2 trillion valuation. That figure was
brought down by financial advisors and banks earlier this year to a range of
between $1.5 trillion and $1.7 trillion. For access to live and exclusive video
from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=youtube »
Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to
CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic:
https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market
news and analysis. From market futures to live price updates CNBC is the leader
in business news worldwide. Connect with CNBC News Online Get the latest news:
http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow
CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter:
https://cnb.cx/FollowCNBC Follow CNBC News on Instagram:
https://cnb.cx/InstagramCNBC #CNBC #CNBC TV

 * published: 12 Dec 2019
 * views: 2617

0:31


US-SAUDI TRADE TIES STRONG

 * Order: Reorder
 * Duration: 0:31
 * Uploaded Date: 23 Jun 2016
 * views: 101



https://wn.com/US_Saudi_Trade_Ties_Strong



 * published: 23 Jun 2016
 * views: 101


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   7:45
   Can Saudi Arabia keep links with Israel?
   remove from playlistshare this video
   
   
   
   CAN SAUDI ARABIA KEEP LINKS WITH ISRAEL?
   
    * Report rights infringement
    * published: 13 Dec 2023
    * views: 43789
   
   On September 22, 2023, Israeli Prime Minister Benjamin Netanyahu said his
   country was on the cusp of a dramatic breakthrough that would change the
   Middle East forever. The prime minister was referring to a normalization of
   diplomatic relations with Saudi Arabia, Israel’s richest neighbor and the
   birthplace of Islam. But only a few weeks later, a deadly terror attack by
   Hamas in Israel reignited the oldest conflict in the region and quickly
   spiraled into a war. America’s Arab partners in the Middle East like Saudi
   Arabia are caught between delicate diplomatic relations and angry
   constituencies back home. #CNBC #Israel #SaudiArabia ----- Subscribe:
   http://cnb.cx/2wuoARM CNBC International TV: https://cnb.cx/2NGytpz LinkedIn:
   https://www.linkedin.com/showcase/cnbc-international/ TikTok:
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    * Show More

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   3:02
   Kenya Ditches The U.S Dollar To Trade With The UAE And Saudi Arabia
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   KENYA DITCHES THE U.S DOLLAR TO TRADE WITH THE UAE AND SAUDI ARABIA
   
    * Report rights infringement
    * published: 09 Apr 2023
    * views: 170918
   
   Wongel Zelalem reports on Kenya signing deals with UAE's ADNOC and Saudi
   Aramco for the supply of petroleum products using shilling instead of U.S
   dollar.
    * Show More

 * Reorder
   1:02
   Trump: Khashoggi case will not stop $110bn US-Saudi arms trade
   remove from playlistshare this video
   
   
   
   TRUMP: KHASHOGGI CASE WILL NOT STOP $110BN US-SAUDI ARMS TRADE
   
    * Report rights infringement
    * published: 12 Oct 2018
    * views: 28842
   
   Donald Trump has made it clear that whatever the outcome of the inquiry into
   the disappearance of the journalist from the Saudi embassy in Istanbul, the
   US will not forgo lucrative arms deals with Riyadh. The president says the
   possibility of Saudi Arabia sourcing its arms from Russia or China instead is
   unacceptable Trump announces Khashoggi investigation but says he will not
   halt Saudi arms sales ►
   https://www.theguardian.com/world/2018/oct/11/jamal-khashoggi-saudi-arabia-under-pressure-from-trump-administration
   Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
   Support the Guardian ► https://theguardian.com/supportus The Guardian ►
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   2:53
   Oil Analyst Sankey Says Saudi May Try to ‘Dump the Market’
   remove from playlistshare this video
   
   
   
   OIL ANALYST SANKEY SAYS SAUDI MAY TRY TO ‘DUMP THE MARKET’
   
    * Report rights infringement
    * published: 07 Dec 2023
    * views: 11553
   
   Paul Sankey, founder and lead analyst at Sankey Research, says Saudi Arabia
   may “dump the market and try to make everyone honest again” in the second
   quarter of next year out of frustration with production from Iran and the US.
   -------- Follow Bloomberg for business news & analysis, up-to-the-minute
   market data, features, profiles and more: http://www.bloomberg.com Connect
   with us on... Twitter: https://twitter.com/business Facebook:
   https://www.facebook.com/bloombergbusiness Instagram:
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    * Show More

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   4:16
   How Global Trade Runs on U.S. Dollars | WSJ
   remove from playlistshare this video
   
   
   
   HOW GLOBAL TRADE RUNS ON U.S. DOLLARS | WSJ
   
    * Report rights infringement
    * published: 22 Jan 2020
    * views: 709581
   
   Nearly 90% of international transactions in 2019 were in U.S. dollars, giving
   the U.S. extraordinary power over nearly every entity that imports or exports
   anything anywhere. Here’s how the global economy runs on the U.S. dollar --
   and why some countries are trying to chip away at its dominance. More from
   the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ
   Video Center: https://wsj.com/video On Facebook:
   https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ
   On Snapchat: https://on.wsj.com/2ratjSM #WSJ #Economy #Trade
    * Show More

 * Reorder
   2:00
   Oil Market Softens; Saudi Arabia Cuts Asia Prices
   remove from playlistshare this video
   
   
   
   OIL MARKET SOFTENS; SAUDI ARABIA CUTS ASIA PRICES
   
    * Report rights infringement
    * published: 06 Dec 2023
    * views: 19002
   
   Oil is trading lower for a fifth day. Key market gauges indicate that
   supplies are outstripping demand, And Saudi Arabia slashed its official crude
   oil selling prices to Asia by the most since February. Su Keenan reports on
   Bloomberg Television. -------- Follow Bloomberg for business news & analysis,
   up-to-the-minute market data, features, profiles and more:
   http://www.bloomberg.com Connect with us on... Twitter:
   https://twitter.com/business Facebook:
   https://www.facebook.com/bloombergbusiness Instagram:
   https://www.instagram.com/bloombergbusiness/
    * Show More

 * Reorder
   3:26
   Saudi dumping Biden for Xi? Kingdom mulls oil trade with China in Yuan
   instead of dollar
   remove from playlistshare this video
   
   
   
   SAUDI DUMPING BIDEN FOR XI? KINGDOM MULLS OIL TRADE WITH CHINA IN YUAN
   INSTEAD OF DOLLAR
   
    * Report rights infringement
    * published: 16 Mar 2022
    * views: 405646
   
   Saudi Arabia is in active talks with Beijing to price its some of its oil
   sales to China in yuan, people familiar with the matter said, a move that
   would dent the U.S. dollar’s dominance of the global petroleum market and
   mark another shift by the world’s top crude exporter toward Asia. Any move to
   conduct oil transactions with China in yuan would mark a profound shift for
   the energy market, where 80 percent of sales are conducted in the U.S
   Dollars. Reports suggest that the Saudi Arabia & China have been in
   discussions about yuan-priced oil contracts since at least 2016, but they
   have advanced recently on the back of growing Saudi concerns over
   Washington's commitment to the kingdom's security. Watch this report for
   more. #SaudiArabia #China #Dollar #Yuan #Xijinping #Biden #Putin
   #Unitedstates #Oil #Middleeast
    * Show More

 * Reorder
   0:17
   United Kingdom-Saudi Arabia trade in goods & services surges by 65.8%
   remove from playlistshare this video
   
   
   
   UNITED KINGDOM-SAUDI ARABIA TRADE IN GOODS & SERVICES SURGES BY 65.8%
   
    * Report rights infringement
    * published: 31 Oct 2023
    * views: 5
   
   Saudi Arabia was the source of the United Kingdom's imports of refined oil,
   crude oil, non-ferrous metals, and basic plastics, among other things Read
   more:
   https://internationalfinance.com/economy/united-kingdom-saudi-arabia-trade-goods-services-surges/
    * Show More

 * Reorder
   2:14
   Saudi Aramco hits $2 trillion market valuation on second day of trading
   remove from playlistshare this video
   
   
   
   SAUDI ARAMCO HITS $2 TRILLION MARKET VALUATION ON SECOND DAY OF TRADING
   
    * Report rights infringement
    * published: 12 Dec 2019
    * views: 2617
   
   Shares of Saudi Aramco surged on their second day of public trading, pushing
   the kingdom’s record IPO to a gargantuan $2 trillion valuation and briefly
   touching Crown Prince Mohammed bin Salman’s long-held target for the company.
   Share rose 10% to 38.7 riyals apiece ($10.32) but slipped back to 37 riyals
   within minutes of the market open. The figure, nearly $1 trillion higher than
   the world’s next-largest public companies Microsoft and Apple, was long
   ridiculed and regarded with disbelief by much of the international financial
   community. Riyadh on Wednesday made history by listing 1.5% of its state-run
   oil giant on its local stock exchange, the Saudi Tadawul, in what was the
   largest IPO on record. Shares went limit up, rising 10% in price as trading
   started, giving the company a valuation of $1.88 trillion on its first day of
   trading. While the massive valuation will be seen as a win for the Saudi
   crown prince, it lacked the international interest the kingdom had hoped for,
   relying instead on local investors after the company canceled overseas
   roadshows in London and New York. The long-awaited IPO of world’s most
   profitable company forms the centerpiece of Crown Prince Mohammed bin
   Salman’s Vision 2030 program aimed at transforming the Saudi economy. The
   crown prince first floated the idea in 2016, stunning market observers with
   his suggestion of the $2 trillion valuation. That figure was brought down by
   financial advisors and banks earlier this year to a range of between $1.5
   trillion and $1.7 trillion. For access to live and exclusive video from CNBC
   subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=youtube » Subscribe
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   latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn:
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 * Reorder
   0:31
   US-Saudi trade ties strong
   remove from playlistshare this video
   
   
   
   US-SAUDI TRADE TIES STRONG
   
    * Report rights infringement
    * published: 23 Jun 2016
    * views: 101
   
   
    * Show More

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PLAYLIST TIME: 0:00 / 27:26


CAN SAUDI ARABIA KEEP LINKS WITH ISRAEL?

 * Report rights infringement
 * published: 13 Dec 2023
 * views: 43789

On September 22, 2023, Israeli Prime Minister Benjamin Netanyahu said his
country was on the cusp of a dramatic breakthrough that would change the Middle
East forever. The prime minister was referring to a normalization of diplomatic
relations with Saudi Arabia, Israel’s richest neighbor and the birthplace of
Islam. But only a few weeks later, a deadly terror attack by Hamas in Israel
reignited the oldest conflict in the region and quickly spiraled into a war.
America’s Arab partners in the Middle East like Saudi Arabia are caught between
delicate diplomatic relations and angry constituencies back home. #CNBC #Israel
#SaudiArabia ----- Subscribe: http://cnb.cx/2wuoARM CNBC International TV:
https://cnb.cx/2NGytpz LinkedIn:
https://www.linkedin.com/showcase/cnbc-international/ TikTok:
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Telegram: https://t.me/cnbci
 * Show More


7:45
Can Saudi Ara­bia keep links with Is­rael?
On Septem­ber 22, 2023, Is­raeli Prime Min­is­ter Ben­jamin Ne­tanyahu said his
coun­try was on t...
pub­lished: 13 Dec 2023
Play in Full Screen
Can Saudi Ara­bia keep links with Is­rael?


CAN SAUDI ARA­BIA KEEP LINKS WITH IS­RAEL?

 * Re­port rights in­fringe­ment
 * pub­lished: 13 Dec 2023
 * views: 43789

On Septem­ber 22, 2023, Is­raeli Prime Min­is­ter Ben­jamin Ne­tanyahu said his
coun­try was on the cusp of a dra­mat­ic break­through that would change the
Mid­dle East for­ev­er. The prime min­is­ter was re­fer­ring to a
nor­mal­iza­tion of diplo­mat­ic re­la­tions with Saudi Ara­bia, Is­rael’s
rich­est neigh­bor and the birth­place of Islam. But only a few weeks later, a
dead­ly ter­ror at­tack by Hamas in Is­rael reignit­ed the old­est con­flict in
the re­gion and quick­ly spi­raled into a war. Amer­i­ca’s Arab part­ners in the
Mid­dle East like Saudi Ara­bia are caught be­tween del­i­cate diplo­mat­ic
re­la­tions and angry con­stituen­cies back home. #CNBC #Is­rael #Saudi­Ara­bia
----- Sub­scribe: http:// cnb. cx/ 2wuoARM CNBC In­ter­na­tion­al TV: https://
cnb. cx/ 2NGytpz LinkedIn: https:// www. linkedin. com/ showcase/
cnbc-international/ Tik­Tok: https:// www. tiktok. com/@ cnbci Face­book:
https:// www. facebook. com/ cnbcinternational In­sta­gram: https:// www.
instagram. com/ cnbcinternational/ Threads: https:// www. threads. net/@
cnbcinternational X: https:// twitter. com/ CNBCi Tele­gram: https:// t. me/
cnbci
 * Show More

3:02
Kenya Ditch­es The U.S Dol­lar To Trade With The UAE And Saudi Ara­bia
Won­gel Ze­lalem re­ports on Kenya sign­ing deals with UAE's ADNOC and Saudi
Aram­co for the su...
pub­lished: 09 Apr 2023
Play in Full Screen
Kenya Ditch­es The U.S Dol­lar To Trade With The UAE And Saudi Ara­bia


KENYA DITCH­ES THE U.S DOL­LAR TO TRADE WITH THE UAE AND SAUDI ARA­BIA

 * Re­port rights in­fringe­ment
 * pub­lished: 09 Apr 2023
 * views: 170918

Won­gel Ze­lalem re­ports on Kenya sign­ing deals with UAE's ADNOC and Saudi
Aram­co for the sup­ply of petroleum prod­ucts using shilling in­stead of U.S
dol­lar.
 * Show More

1:02
Trump: Khashog­gi case will not stop $110bn US-Sau­di arms trade
Don­ald Trump has made it clear that what­ev­er the out­come of the in­quiry
into the dis­ap­pear...
pub­lished: 12 Oct 2018
Play in Full Screen
Trump: Khashog­gi case will not stop $110bn US-Sau­di arms trade


TRUMP: KHASHOG­GI CASE WILL NOT STOP $110BN US-SAU­DI ARMS TRADE

 * Re­port rights in­fringe­ment
 * pub­lished: 12 Oct 2018
 * views: 28842

Don­ald Trump has made it clear that what­ev­er the out­come of the in­quiry
into the dis­ap­pear­ance of the jour­nal­ist from the Saudi em­bassy in
Is­tan­bul, the US will not forgo lu­cra­tive arms deals with Riyadh. The
pres­i­dent says the pos­si­bil­i­ty of Saudi Ara­bia sourc­ing its arms from
Rus­sia or China in­stead is un­ac­cept­able Trump an­nounces Khashog­gi
in­ves­ti­ga­tion but says he will not halt Saudi arms sales ► https:// www.
theguardian. com/ world/ 2018/ oct/ 11/
jamal-khashoggi-saudi-arabia-under-pressure-from-trump-administration Sub­scribe
to Guardian News on YouTube ► http:// bit. ly/ guardianwiressub Sup­port the
Guardian ► https:// theguardian. com/ supportus The Guardian ► https:// www.
theguardian. com The Guardian YouTube net­work: The Guardian ► www. youtube.
com/ theguardian Owen Jones talks ► http:// bit. ly/ subsowenjones Guardian
Foot­ball ► http:// is. gd/ guardianfootball Guardian Sport ► http:// bit. ly/
GDNsport Guardian Cul­ture ► http:// is. gd/ guardianculture Guardian Sci­ence
and Tech ► http:// is. gd/ guardiantech
 * Show More

2:53
Oil An­a­lyst Sankey Says Saudi May Try to ‘Dump the Mar­ket’
Paul Sankey, founder and lead an­a­lyst at Sankey Re­search, says Saudi Ara­bia
may “dump the ...
pub­lished: 07 Dec 2023
Play in Full Screen
Oil An­a­lyst Sankey Says Saudi May Try to ‘Dump the Mar­ket’


OIL AN­A­LYST SANKEY SAYS SAUDI MAY TRY TO ‘DUMP THE MAR­KET’

 * Re­port rights in­fringe­ment
 * pub­lished: 07 Dec 2023
 * views: 11553

Paul Sankey, founder and lead an­a­lyst at Sankey Re­search, says Saudi Ara­bia
may “dump the mar­ket and try to make ev­ery­one hon­est again” in the sec­ond
quar­ter of next year out of frus­tra­tion with pro­duc­tion from Iran and the
US. -------- Fol­low Bloomberg for busi­ness news & anal­y­sis, up-to-the-minute
mar­ket data, fea­tures, pro­files and more: http:// www. bloomberg. com
Con­nect with us on... Twit­ter: https:// twitter. com/ business Face­book:
https:// www. facebook. com/ bloombergbusiness In­sta­gram: https:// www.
instagram. com/ bloombergbusiness/
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4:16
How Glob­al Trade Runs on U.S. Dol­lars | WSJ
Near­ly 90% of in­ter­na­tion­al trans­ac­tions in 2019 were in U.S. dol­lars,
giv­ing the U.S. ext...
pub­lished: 22 Jan 2020
Play in Full Screen
How Glob­al Trade Runs on U.S. Dol­lars | WSJ


HOW GLOB­AL TRADE RUNS ON U.S. DOL­LARS | WSJ

 * Re­port rights in­fringe­ment
 * pub­lished: 22 Jan 2020
 * views: 709581

Near­ly 90% of in­ter­na­tion­al trans­ac­tions in 2019 were in U.S. dol­lars,
giv­ing the U.S. ex­traor­di­nary power over near­ly every en­ti­ty that
im­ports or ex­ports any­thing any­where. Here’s how the glob­al econ­o­my runs
on the U.S. dol­lar -- and why some coun­tries are try­ing to chip away at its
dom­i­nance. More from the Wall Street Jour­nal: Visit WSJ. com: http:// www.
wsj. com Visit the WSJ Video Cen­ter: https:// wsj. com/ video On Face­book:
https:// www. facebook. com/ pg/ wsj/ videos/ On Twit­ter: https:// twitter.
com/ WSJ On Snapchat: https:// on. wsj. com/ 2ratjSM #WSJ #Econ­o­my #Trade
 * Show More

2:00
Oil Mar­ket Soft­ens; Saudi Ara­bia Cuts Asia Prices
Oil is trad­ing lower for a fifth day. Key mar­ket gauges in­di­cate that
sup­plies are out­stri...
pub­lished: 06 Dec 2023
Play in Full Screen
Oil Mar­ket Soft­ens; Saudi Ara­bia Cuts Asia Prices


OIL MAR­KET SOFT­ENS; SAUDI ARA­BIA CUTS ASIA PRICES

 * Re­port rights in­fringe­ment
 * pub­lished: 06 Dec 2023
 * views: 19002

Oil is trad­ing lower for a fifth day. Key mar­ket gauges in­di­cate that
sup­plies are out­strip­ping de­mand, And Saudi Ara­bia slashed its of­fi­cial
crude oil sell­ing prices to Asia by the most since Febru­ary. Su Keenan
re­ports on Bloomberg Tele­vi­sion. -------- Fol­low Bloomberg for busi­ness
news & anal­y­sis, up-to-the-minute mar­ket data, fea­tures, pro­files and more:
http:// www. bloomberg. com Con­nect with us on... Twit­ter: https:// twitter.
com/ business Face­book: https:// www. facebook. com/ bloombergbusiness
In­sta­gram: https:// www. instagram. com/ bloombergbusiness/
 * Show More

3:26
Saudi dump­ing Biden for Xi? King­dom mulls oil trade with China in Yuan
in­stead of dol­lar
Saudi Ara­bia is in ac­tive talks with Bei­jing to price its some of its oil
sales to China i...
pub­lished: 16 Mar 2022
Play in Full Screen
Saudi dump­ing Biden for Xi? King­dom mulls oil trade with China in Yuan
in­stead of dol­lar


SAUDI DUMP­ING BIDEN FOR XI? KING­DOM MULLS OIL TRADE WITH CHINA IN YUAN
IN­STEAD OF DOL­LAR

 * Re­port rights in­fringe­ment
 * pub­lished: 16 Mar 2022
 * views: 405646

Saudi Ara­bia is in ac­tive talks with Bei­jing to price its some of its oil
sales to China in yuan, peo­ple fa­mil­iar with the mat­ter said, a move that
would dent the U.S. dol­lar’s dom­i­nance of the glob­al petroleum mar­ket and
mark an­oth­er shift by the world’s top crude ex­porter to­ward Asia. Any move
to con­duct oil trans­ac­tions with China in yuan would mark a pro­found shift
for the en­er­gy mar­ket, where 80 per­cent of sales are con­duct­ed in the U.S
Dol­lars. Re­ports sug­gest that the Saudi Ara­bia & China have been in
dis­cus­sions about yuan-priced oil con­tracts since at least 2016, but they
have ad­vanced re­cent­ly on the back of grow­ing Saudi con­cerns over
Wash­ing­ton's com­mit­ment to the king­dom's se­cu­ri­ty. Watch this re­port
for more. #Saudi­Ara­bia #China #Dol­lar #Yuan #Xi­jin­ping #Biden #Putin
#Unit­ed­states #Oil #Mid­dleeast
 * Show More

0:17
Unit­ed King­dom-Sau­di Ara­bia trade in goods & ser­vices surges by 65.8%
Saudi Ara­bia was the source of the Unit­ed King­dom's im­ports of re­fined oil,
crude oil, non...
pub­lished: 31 Oct 2023
Play in Full Screen
Unit­ed King­dom-Sau­di Ara­bia trade in goods & ser­vices surges by 65.8%


UNIT­ED KING­DOM-SAU­DI ARA­BIA TRADE IN GOODS & SER­VICES SURGES BY 65.8%

 * Re­port rights in­fringe­ment
 * pub­lished: 31 Oct 2023
 * views: 5

Saudi Ara­bia was the source of the Unit­ed King­dom's im­ports of re­fined oil,
crude oil, non-fer­rous met­als, and basic plas­tics, among other things Read
more: https:// internationalfinance. com/ economy/
united-kingdom-saudi-arabia-trade-goods-services-surges/
 * Show More

2:14
Saudi Aram­co hits $2 tril­lion mar­ket val­u­a­tion on sec­ond day of trad­ing
Shares of Saudi Aram­co surged on their sec­ond day of pub­lic trad­ing,
push­ing the king­dom’s...
pub­lished: 12 Dec 2019
Play in Full Screen
Saudi Aram­co hits $2 tril­lion mar­ket val­u­a­tion on sec­ond day of trad­ing


SAUDI ARAM­CO HITS $2 TRIL­LION MAR­KET VAL­U­A­TION ON SEC­OND DAY OF TRAD­ING

 * Re­port rights in­fringe­ment
 * pub­lished: 12 Dec 2019
 * views: 2617

Shares of Saudi Aram­co surged on their sec­ond day of pub­lic trad­ing,
push­ing the king­dom’s record IPO to a gar­gan­tu­an $2 tril­lion val­u­a­tion
and briefly touch­ing Crown Prince Mo­hammed bin Salman’s long-held tar­get for
the com­pa­ny. Share rose 10% to 38.7 riyals apiece ($10.32) but slipped back to
37 riyals with­in min­utes of the mar­ket open. The fig­ure, near­ly $1
tril­lion high­er than the world’s next-largest pub­lic com­pa­nies Mi­crosoft
and Apple, was long ridiculed and re­gard­ed with dis­be­lief by much of the
in­ter­na­tion­al fi­nan­cial com­mu­ni­ty. Riyadh on Wednes­day made his­to­ry
by list­ing 1.5% of its state-run oil giant on its local stock ex­change, the
Saudi Tadawul, in what was the largest IPO on record. Shares went limit up,
ris­ing 10% in price as trad­ing start­ed, giv­ing the com­pa­ny a val­u­a­tion
of $1.88 tril­lion on its first day of trad­ing. While the mas­sive val­u­a­tion
will be seen as a win for the Saudi crown prince, it lacked the
in­ter­na­tion­al in­ter­est the king­dom had hoped for, re­ly­ing in­stead on
local in­vestors after the com­pa­ny can­celed over­seas road­shows in Lon­don
and New York. The long-await­ed IPO of world’s most prof­itable com­pa­ny forms
the cen­ter­piece of Crown Prince Mo­hammed bin Salman’s Vi­sion 2030 pro­gram
aimed at trans­form­ing the Saudi econ­o­my. The crown prince first float­ed the
idea in 2016, stun­ning mar­ket ob­servers with his sug­ges­tion of the $2
tril­lion val­u­a­tion. That fig­ure was brought down by fi­nan­cial ad­vi­sors
and banks ear­li­er this year to a range of be­tween $1.5 tril­lion and $1.7
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0:31
US-Sau­di trade ties strong

pub­lished: 23 Jun 2016
Play in Full Screen
US-Sau­di trade ties strong


US-SAU­DI TRADE TIES STRONG

 * Re­port rights in­fringe­ment
 * pub­lished: 23 Jun 2016
 * views: 101


 * Show More


SAUDI AMERICANS

Saudi Americans are Americans of total or partial Saudi descent. According to
the census of 2000, 7,419 people of Saudi origin live in the United States.
Between 2007 and 2011, had 38,787 Saudi-born living in United States according
to the American Community Survey. Saudi Arabia and the United States have had
important political relations since the 1940s. Population estimates are seen to
have a very small diaspora, mainly because Saudi Arabia provides them with more
than adequate welfare benefits, removing the need to live and work in other
developed countries.


HISTORY

Citizens of Middle Eastern countries have been immigrating to the United States
since the late nineteenth century. However, the Muslims of Middle East did not
begin to immigrate in great numbers until after World War II. The first Saudis
who settled in the United States were personal ambassadors of the Saudi Arabia
Embassy in Washington, D.C., in the mid-1940s. The US Immigration and
Nationality Act of 1965, which established preferential treatment for educated
immigrants, encouraged a limited number of Saudis to seek US citizenship. Those
Saudi Arabians who did settle permanently in the United States were commonly
well educated and lived near cities where they held professional jobs.

Read more
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Saudi_Americans
Everything you need for trading globally
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CAN SAUDI ARABIA KEEP LINKS WITH ISRAEL?...


KENYA DITCHES THE U.S DOLLAR TO TRADE WITH THE UAE...


TRUMP: KHASHOGGI CASE WILL NOT STOP $110BN US-SAUD...


OIL ANALYST SANKEY SAYS SAUDI MAY TRY TO ‘DUMP THE...


HOW GLOBAL TRADE RUNS ON U.S. DOLLARS | WSJ...


OIL MARKET SOFTENS; SAUDI ARABIA CUTS ASIA PRICES...


SAUDI DUMPING BIDEN FOR XI? KINGDOM MULLS OIL TRAD...


UNITED KINGDOM-SAUDI ARABIA TRADE IN GOODS & SERVI...


SAUDI ARAMCO HITS $2 TRILLION MARKET VALUATION ON ...


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LATEST NEWS FOR: SAUDI AMERICAN TRADING

Edit


DOLLAR IS STILL KING, BUT FOR HOW MUCH LONGER?

 * 
 * 

South China Morning Post 26 Nov 2023
Recent deal between China and Saudi Arabia is an important step as world wakes
up to the consequences of denominating almost all global trade in the American
currency ... .
Edit


FOSSIL FUEL INDUSTRY KEYS IN ON UNPROVEN RECYCLING METHODS TO PROP UP PLASTICS

 * 
 * 

The Hill 22 Nov 2023
Instead, negotiations ended in deadlock and confusion, as countries including
Saudi Arabia and China joined trade groups such as the American Chemistry
Council to fight the idea of in any way limiting the production of plastics ...
But recycling, a plastic trade group leader told them, did have one major
attribute.
Edit


MORNING REPORT — WHAT’S NEWSOM UP TO?

 * 
 * 

The Hill 22 Nov 2023
Among those to be released are three Americans, including two women and a
3-year-old child whose birthday is Friday (The Hill) ... conference in Nairobi,
Kenya, Saudi Arabia and China joined trade groups such as the American Chemistry
Council to fight the idea of in any way limiting the production of plastics.
Edit


UTAH'S MAGA FARMERS GET A BAD TRADE FROM SHIPPING THE STATE'S WATER OVERSEAS

 * 
 * 

Salt Lake City Weekly 15 Nov 2023
Saudi Arabia—our "smart friends" who helped blow up the World Trade Center,
killed the dissident journalist Jamal Khashoggi, ruined professional golf with
the LIV Golf Tour and put $2 billion into the pockets of Trump's son-in-law,
Jared Kushner, for reasons yet TBD—is also a giant importer of American alfalfa.
Edit


RETHINKING INTEGRATED DETERRENCE

 * 
 * 

The Bradford Era 22 Sep 2023
They also pulled Western corporations out of Russia; stopped working with banks
and trading currency; and the West largely banned Russian nationals from private
associations and sporting events ... Bilateral trade between China and Russia
has increased 40% from last year. American action has even managed to make Saudi
Arabia and Iran friends.
Edit


US SEEKS GREATER HEALTHCARE TIES WITH SAUDI ARABIA

 * 
 * 

Arab News 12 Sep 2023
Fifteen American healthcare firms are currently in Saudi Arabia seeking to forge
greater ties with local companies and operators ... Saudi healthcare businesses
interested in American suppliers can contact the US Commercial Service team in
Saudi Arabia at https.//www.trade.gov/buyusa-saudi-arabia.
Edit


INCREASINGLY, DEMOCRATS BEGIN TO FEAR THE SUCK

 * 
 * 

The American Spectator 12 Sep 2023
President Joe Biden welcomed Saudi Arabia’s Crown Prince Mohammed bin Salman by
shaking his hand during the G20’s annual summit on Saturday in New Delhi,
despite a somewhat tense relationship between the two ... How would this project
help to promote American exports and bring down our record trade deficit?.
Edit


BRIDGING THE GAPS IN THE REGION

 * 
 * 

The News International 04 Sep 2023
... Houthi attacks in Saudi Arabia and the UAE ... China’s long-term economic
agenda for the Middle Eastern region coincides with Vision 2030, Saudi Arabia’s
national development strategy and Iran’s quest for new partners for trade and
investment in the face of the American sanctions.
Edit


BRAZIL, ARGENTINA CELEBRATE NEW ARAB MEMBERS OF BRICS

 * 
 * 

Arab News 25 Aug 2023
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE ... “It will be an
important step to make Mercosur closer to the Gulf nations,” he said, referring
to the South American trading bloc established in 1991. Trade between Brazil and
Saudi Arabia has historically been significant ... Last year, trade between the
UAE and Argentina reached $1.8 billion.
photo: Creative Commons
Edit


IS THE DOLLAR FINALLY ON ITS WAY OUT?

 * 
 * 

Asiatimes 22 Aug 2023
Half of global trade and three-fourths of Asia-Pacific trade is denominated in
US dollars ... In 2023, Bolivia became the third Latin American country after
Argentina and Brazil to use the renminbi in settling trade transactions. Even
Saudi Arabia is considering using the renminbi in oil trade with China.
Edit


CHINA’S GAME OF UKRAINIAN CHESS

 * 
 * 

Asiatimes 11 Aug 2023
Last weekend, Saudi Arabia hosted a two-day summit in Jeddah dedicated to ending
the war in Ukraine ... By comparison, Saudi Arabia, one of the leading middle
powers in the Global South, was a more acceptable host from the Chinese
perspective ... China and Saudi Arabia have an important bilateral relationship
driven by politics, energy and trade.
Edit


REJECT ANY GRAND BARGAIN BETWEEN THE US, SAUDI ARABIA, ISRAEL AND THE
PALESTINIAN AUTHORITY

 * 
 * 

Korea Times 10 Aug 2023
Even the possibility of such a blockbuster deal, however, is probably
irresistible to a politician like Joe Biden, who has been immersed in the
American foreign policy groupthink his entire long career ... Roosevelt agreed
with the patriarch of the Saudi dynasty, Ibn Saud, to trade American access to
Saudi oil for U.S.
Edit


COMMENTARY: REJECT ANY GRAND BARGAIN BETWEEN THE US, SAUDI ARABIA, ISRAEL AND
THE PALESTINIAN AUTHORITY

 * 
 * 

Hastings Tribune 09 Aug 2023
Even the possibility of such a blockbuster deal, however, is probably
irresistible to a politician like Joe Biden, who has been immersed in the
American foreign policy groupthink his entire long career ... Roosevelt agreed
with the patriarch of the Saudi dynasty, Ibn Saud, to trade American access to
Saudi oil for U.S.
photo: US DoS / Hisham Mousa
Edit


HOW NOT TO MAKE PEACE BETWEEN ISRAEL AND SAUDI ARABIA - OPINION

 * 
 * 

The Jerusalem Post 01 Aug 2023
“I believe that, at a minimum, the Saudis and Americans could (and should)
demand four things from Netanyahu for such a huge prize as normalization and
trade with the most important Arab Muslim state,” Friedman wrote after meeting
with Biden ... The Saudis just don’t trust America ...
Edit


BOLIVIA PRESIDENT TO ATTEND BRICS SUMMIT IN BID FOR NEW INVESTMENT

 * 
 * 

Reuters 01 Aug 2023
At a July meeting of the South American trade bloc known as Mercosur, Arce said
that Bolivia was seeking strategic alliances with BRICS countries and new
partnerships that challenge the existing global economic order.
 * 1
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Everything you need for trading globally


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