Riyadh: Saudi oil company Aramco has become the richest company in the world.
According to the details, Saudi Aramco has become the richest company in the world, its shares reached 9.24 trillion riyals (4 2.464 trillion) on Tuesday.
Shares of the oil company rose 46.2 Saudi riyals in early trading, according to Bloomberg data, surpassing major technology company Apple by مارکیٹ 2.461 trillion.
Aramco’s stock later fell slightly, trading at 46.05 riyals at 11:53 a.m. Saudi time, with a market valuation of 9.21 trillion riyals.
Aramco, on the other hand, benefited from rising oil prices in the wake of the Great Depression caused by the Corona epidemic, as well as the war in Russia and Ukraine. Added more than a dollar.
Microsoft is the third largest company after Aramco and Apple with a market value of 9 1.979 trillion.