We are now about to establish a holding company for the military industries 100 percent owned by the government that will be listed later in the Saudi market, we expect it to be launched by end of 2017 with more details. Prince Mohammed More Quotes by Prince Mohammed More Quotes From Prince Mohammed There will be no investment, movement or development in any region of the world without the vote of the Saudi sovereign fund. Prince Mohammed business There may be some hardships in the initial years. We will endure and then the economy will take off. Prince Mohammed energy We will not allow our country ever to be at the mercy of commodity price volatility or external markets, we have developed a case of oil addiction in Saudi Arabia. Prince Mohammed company-news If one percent of Aramco is offered to the market just one percent it will be the biggest IPO on earth. Prince Mohammed mergers-acquisitions Less than 5 percent from the parent company ... we are trying to separate it and make Aramco a holding company. Prince Mohammed mergers-acquisitions I think by 2020, if oil stops we can survive, we need it, we need it, but I think in 2020 we can live without oil. Prince Mohammed top-news We restructured the fund. We included new assets in the fund, Aramco and other assets, and we fixed the problems of the current assets that the public investment fund owns, both in terms of companies and other projects, initial data say the fund will have control over more than 10 percent of global investment capacity. Prince Mohammed top-news The Kingdom of Saudi Arabia aims to reach zero-net emissions by 2060 under its circular carbon economy program... while maintaining the kingdom's leading role in strengthening security and stability of global oil markets. Prince Mohammed The new laws represent a new wave of reforms that will ... increase the reliability of procedures and oversight mechanisms as cornerstones in achieving the principles of justice, clarifying the lines of accountability. Prince Mohammed Why should we sacrifice nature for the sake of development? we need to transform the concept of a conventional city into that of a futuristic one. Prince Mohammed
