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Saudi Aramco 2030

Saudi Aramco 2030
Author: Mohamed A. Ramady
Publisher: Springer
Total Pages: 312
Release: 2017-10-30
Genre: Business & Economics
ISBN: 3319677500

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This book discusses the strategic shift in ownership of Aramco, the Saudi Arabian Oil Company, and its potential impact on Aramco's role in a post- privatized world. Scheduled to become an IPO in 2018, Aramco is on the verge of becoming the largest IPO on the market. As the world’s largest oil and gas company, Aramco’s impending privatization has important implications for the world’s petroleum market. This book, therefore, undertakes an analysis of Aramco, examining its history, its current role in Saudi Arabia’s economy, and its future role as an IPO. The chapters highlight the likely outcomes for Aramco in proceeding with its planned IPO and privatization, as well as the various policy options and models available to it by drawing on the privatization of other national oil companies in Norway , Russia, Brazil, and China. The book also explores the complexities that will be involved in transforming Saudi Aramco to a privatized company—albeit with significant government oversight and control—and addresses key questions on the issues likely to be faced, such as IPO pricing, the listing, domain, and market capacity, and potential stakeholders. As such, this book will be of interest to academic researchers studying energy economics, energy policy, and the political economy of the Middle East, as well as private sector decision makers in energy related fields, international organizations, international oil companies, energy commodity traders, and public sector energy policy makers with interest in Saudi Arabia and Aramco’s IPO.


Saudi, Inc.: The Arabian Kingdom's Pursuit of Profit and Power

Saudi, Inc.: The Arabian Kingdom's Pursuit of Profit and Power
Author: Ellen R. Wald
Publisher: Simon and Schuster
Total Pages: 448
Release: 2018-04-03
Genre: Business & Economics
ISBN: 1681777185

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A history of the most profitable company in the world, Saudi Aramco, and the story behind the family that ruthlessly maneuvered to control this multi-trillion dollar enterprise. The Saudi royal family and Aramco leadership are, and almost always have been, motivated by ambitions of long-term strength and profit. They use Islamic law, traditional ideology, and harsh justice to maintain stability and their own power, but underneath the thobes and abayas and behind the religious fanaticism and illiberalism lies a most sophisticated and ruthless business enterprise. Today, that corporation is poised to pull off the biggest IPO in history. Over more than a century, fed by ambition and oil wealth, al Saud, as the royal family is known, has come from next to nothing to rule as absolute monarchs, a contrast with the world around them and modernity itself. The story starts with Saudi Arabia's founder, Abdul Aziz, a lowly refugee embarking on a daring gambit to reconquer his family's ancestral home?the mud-walled city of Riyadh. It takes readers almost to present day, when the multinational family business has made al Saud the wealthiest family in the world and on the cusp of a new transformation. Now al Saud and its family business, Aramco, are embarking on their most ambitious move: taking the company public and preparing the country for the next generation.


Being Young, Male and Saudi

Being Young, Male and Saudi
Author: Mark C. Thompson
Publisher: Cambridge University Press
Total Pages: 379
Release: 2019-10-03
Genre: Political Science
ISBN: 1107185114

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Based on remarkable primary research, this unique contemporary account of the lives of young Saudi men reveals a distinct group of voices.


Aramco

Aramco
Author:
Publisher:
Total Pages: 0
Release: 2017
Genre: History
ISBN: 9781942084365

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Includes facsimile items and memorabilia.


Vision Redux

Vision Redux
Author: Ross Douglas Kimm
Publisher:
Total Pages: 0
Release: 2021
Genre: Balance of power
ISBN:

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Abstract: The size and scope of the Vision 2030 modernization plan and the associated Saudi Aramco initial public offering are watershed events in the history of the modern Kingdom of Saudi Arabia. However, they are not outside the history of the country's development. This thesis, tracing the roots of this latest development plan back to the founding of the current Saudi state, found that Vision 2030 shares many characteristics with previous efforts. Further, it also found precedence for powerful princes rising to power at times of tectonic change. Finally, while historical context is key to understanding this moment in the Kingdom, this thesis argues that Vision 2030 is best considered a subset of Mohammad bin Salman's rise to power.


The New Saudi Arabia

The New Saudi Arabia
Author: Khaled A. Taki
Publisher:
Total Pages: 180
Release: 2018
Genre: Saudi Arabia
ISBN: 9781874729204

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Saudi Arabia's Vision 2030

Saudi Arabia's Vision 2030
Author: Mamdouh G. Salameh
Publisher:
Total Pages: 20
Release: 2016
Genre:
ISBN:

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Since the discovery of oil in commercial quantities at Dammam oil well No.7 in March 4, 1938, Saudi Arabia has been almost totally dependent on the oil-export revenues. Seventy eight years later and a cumulative production of 146 billion barrels of oil (bb) since then, Saudi Arabia's budget is still dependent on the oil revenues to the tune of 90%. This is a moment of high anxiety in Saudi Arabia. Oil prices, currently $50/barrel, are less than half the level the Saudi government needs in order to balance its books. Moreover, its financial reserves are depleting very fast. There is nothing the Saudis need more than comprehensive economic reform. The kingdom must end its deep reliance on the oil revenue and build a dynamic 21st century economy. The current path can't be sustained much longer. That is why the kingdom has launched Vision 2030 which aims to expand the non-oil sector of the economy and reduce unemployment. However, to achieve the objectives of Vision 2030, Saudi Arabia needs to start the diversification of its economy without a minute's delay. The paper will argue that as Vision 2030 is a plan designed to create a 21st century Saudi economy virtually from scratch, it will encounter some huge hurdles not least because of the suspicion that this project has something to do with the generational change in leadership when king Salman departs the scene. It will also argue that Vision 2030 may not achieve much since it's not bold enough in the area that matters most -- developing human capital. Still it is a step in the right direction if there is the political will to go ahead with it.


Man Out

Man Out
Author: Andrew L. Yarrow
Publisher: Brookings Institution Press
Total Pages: 340
Release: 2018-09-11
Genre: Political Science
ISBN: 0815732759

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The story of men who are hurting—and hurting America by their absence Man Out describes the millions of men on the sidelines of life in the United States. Many of them have been pushed out of the mainstream because of an economy and society where the odds are stacked against them; others have chosen to be on the outskirts of twenty-first-century America. These men are disconnected from work, personal relationships, family and children, and civic and community life. They may be angry at government, employers, women, and "the system" in general—and millions of them have done time in prison and have cast aside many social norms. Sadly, too many of these men are unsure what it means to be a man in contemporary society. Wives or partners reject them; children are estranged from them; and family, friends, and neighbors are embarrassed by them. Many have disappeared into a netherworld of drugs, alcohol, poor health, loneliness, misogyny, economic insecurity, online gaming, pornography, other off-the-grid corners of the internet, and a fantasy world of starting their own business or even writing the Great American novel. Most of the men described in this book are poorly educated, with low incomes and often with very few prospects for rewarding employment. They are also disproportionately found among millennials, those over 50, and African American men. Increasingly, however, these lost men are discovered even in tony suburbs and throughout the nation. It is a myth that men on the outer corners of society are only lower-middle-class white men dislocated by technology and globalization. Unlike those who primarily blame an unjust economy, government policies, or a culture sanctioning "laziness," Man Out explores the complex interplay between economics and culture. It rejects the politically charged dichotomy of seeing such men as either victims or culprits. These men are hurting, and in turn they are hurting families and hurting America. It is essential to address their problems. Man Out draws on a wide range of data and existing research as well as interviews with several hundred men, women, and a wide variety of economists and other social scientists, social service providers and physicians, and with employers, through a national online survey and in-depth fieldwork in several communities.