Saudi Arabia plans to sell more shares of energy giant Aramco, seeking economic diversification away from oil. The sale, expected to generate $20B, aims to attract investments and boost the country's funding. Citigroup, Goldman Sachs, and HSBC are chosen as advisors. The move aligns with Saudi Arabia's Vision 2030 roadmap and could impact global markets.
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Saudi Arabia's business sector experiences significant growth as bank credit increases across various segments, contributing to economic diversification and development.