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Saudi Aramco becomes the world’s most valuable company surpassing Apple

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Saudi Aramco becomes the world’s most valuable company surpassing Apple

Posted by : Aahil Shaik
Wednesday, May 11, 2022

Saudi Aramco becomes the world’s most valuable company surpassing Apple

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Saudi Aramco the world’s largest oil-exporting company became the world’s most valuable listed company with a market value of $2.464 trillion surpassing the iPhone maker Apple value of $2.461 trillion. Read : Indian rupee falls to its record low

This comes after the shares of Saudi Aramco hit its highest level at 46.20 Saudi Riyals in early trading on Tuesday on Saudi Exchange.

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– Even though tis is for short time and Apple may retake the top spot again, the role reversal underscores the power of major forces coursing through global economy.


– Saudi Aramco has been constantly hitting records high, thanks to strong oil prices that continue to soar to date.

Saudi Aramco becomes the world's most valuable company surpassing Apple - Saudi-Expatriates.com

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ismailsesa

Works as an in-house Writer at Gulf Tech Plus and focuses on the latest smart consumer electronics. Closely follows the latest trends in consumer IoT and how it affects our daily lives. You can follow him on Facebook, Instagram & YouTube.

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