
The Saudi company surpassed Microsoft in terms of value
Riyadh: Saudi oil company Aramco has become the world’s second largest company by value, pushing Microsoft to third place. According to Al Arabiya, Aramco’s value has reached 2.11 trillion dollars (7.92 trillion Saudi riyals). In 2022, Aramco achieved its highest ever profit, after a 46.5 percent increase to 604 billion riyals ($161 billion) from 412.4…