The harsh realities of investing in Saudi Arabia

EPA/JAMAL NASRALLAH

The harsh realities of investing in Saudi Arabia


Since oil was first discovered in what is now the Kingdom of Saudi Arabia, in 1938, Saudi Aramco has become the epitome of the post-war oil system in which we live.
Having 65,000 employees, its own airline, and a sprawling urban compound the size of a small town, Saudi Aramco has become the world’s biggest and most secretive oil company, and the flagship of the Kingdom’s wealth.
Aramco has long occupied a niche as a state within a state, and its power and influence upon the Saudi royals were ...


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