It's hard to say that the company belongs to the public when the whole state is owned by one family.
@blissetmizz
5 жыл бұрын
@Computer User Your sentence states something true and the same probably happens for what Dany S. said. But, your sentence is irrelevant here because it has nothing to do with what Dany S said, nor the doc..it's just a what about something; it doesn't add up or diminishes what Dany S. said
@haifa1400
4 жыл бұрын
The money that comes out of aramco who is “owned by one family” comes back to the people. comes back in free education(with monthly salaries of 260 dollars to help the students), free health care, free scholarships abroad with full paid expenses (tickets, health insurance and monthly salaries of 1214 dollars to help the students abroad), helping programs for the unemployed , the disabled, the orphans, the soldiers etc... so yeah its really belongs to the people. On top of all that taxes are only 5% something you will never even dream of as a westerner.
@IsaacRizard
4 жыл бұрын
@@haifa1400 In business term, that's investment. Glad that you're well-off with a little given. The House of Saud appreciates your naivety.
@stevensonlots8439
4 жыл бұрын
@@blissetmizz He's basically pointing out there's no documentary or as much coverage of the US being basically owned by a few families yet there's much hoopla about the Saudis being like that. He's pointing out the double standards. Now obviously he didn't say it the way I just did but if you look at the big picture and how the world seems to have tunnel vision, that's what he means and he's right. USA does 'A' and it's good but Saudis do 'A' and it's bad. Lots of bs indeed.
@abdul-azizmusa2990
4 жыл бұрын
THEIR COUNTRY THEIR RIGHT. JUST AS THE QUEEN OF ENGLAND AND ALL SO CALLED EUROPEAN ROYALTY OWNS EVERYTHING.
@anthonylo9952
4 жыл бұрын
If such company can run a country and its economy, then a 2trillion dollar valuation means that the company is actually undervalued.
@MrAnnl25
2 жыл бұрын
partial valuation
@ms9771
2 жыл бұрын
Ye,s Allah said, Saudi Crown Prince Mohammed bin Salman has been revealed as the owner of a French chateau 350millions described as the world's most expensive home also Prince Buys $450 Million Da Vinci Painting Of Jesus Christ and billions dollar Yatach when his people have no air-condition and do not allow reporter take a picture or will be cut to pieces like Khashoggi reporter
@al3ndlib
2 жыл бұрын
Now it has passed Apple
@GR8APE69
Жыл бұрын
That sounds right, but you forget that there are single American companies whose yearly revenue is larger than many nations' entire yearly GDP. You're used to seeing these big numbers and thinking it's normal... it isn't. The United States is an absolute economic hegemon that operates on a scale that MAYBE a handful of other nations even come close to. China is a good example of what I mean. They have advanced rapidly to have cutting-edge technology and industry which has made them very wealthy. But even with all of that tech, advancement, modern economic markets, and wealth, they are STILL second place to the United States in terms of GDP while having a population that is almost 6 times larger than that of the USA. If you look at the numbers, and the way that global finances and the general world order operate, the United States is MAGNITUDES more powerful than any other nation on earth. So comparing Saudi Aramco to American companies isn't really a fair comparison. Saudi Aramco is HUGE for a nation that didn't industrialize until after WWII.
@mohammedalikhan2979
Жыл бұрын
Am proud.. I was an employee of Saudi Aramco.. 👍
@rh81454
Жыл бұрын
Congratulations. As an American I admire that company very much because of the Saudi business minded leadership. Do they hire Americans by any chance?
@mohammedalikhan2979
Жыл бұрын
@@rh81454 Of course yes... Many Americans are employed... ARAMCO means ARab AMerican COmpany..
@rh81454
Жыл бұрын
@@mohammedalikhan2979 ooops! lol
@WalasticRiders
3 жыл бұрын
When western businessmen wants a huge slice of the nation's wealth, they often speaks of reforms. What a shame.
@Tihi45
2 жыл бұрын
This man killed Adnan Kasogi.
@Ashhad1400
2 жыл бұрын
@@Tihi45 American army killed over 1 million people in Libya, Iraq etc. Yet no one wants to hold the pentagon accountable for its actions. And then they over glorify kashoggis death.
@haikaloronsentnel138
2 жыл бұрын
ISL4M CAN'T BE TRUSTED!!!
@lossantos9307
Жыл бұрын
@@Ashhad1400 Not everyone lives on America y know. I think you getting brainwashed
@silverkitty2503
Жыл бұрын
this is the opposite the saudis want western wealth not the other way around ... they want to raise funds through western money and selling shares because in the east often govts dont charge taxes and really have no other way to pay for public services than oil funds but really when you tax .. then social benefits pay YOU back as a govt as things you buy give money back in revenue ....the saudis are poor because they are a river to the people ...but the tax system never makes it rain.
@OculusYT
2 жыл бұрын
Proud to have worked for the prestigious Saudi Aramco for almost twenty seven years since 1979 in Dhahran. Amongst the ups and downs, tricks and treacheries, Saudi Aramco maintained it's very own style of administration and operation fair and board. Serious challenges were there and the Company steered through to maintain the Saudi finance and economy afloat being the most important and dependable partner of the government. Their planned Saudization of human resources and contribution to the country's overall education, health and business deserve a recognition with high note. Wish them continuous success in all the sectors and develop the 'all local workforce' for future challenges.
@massinakmin8340
2 жыл бұрын
Proud slave..
@shoaibhiroli768
2 жыл бұрын
I proud to work with Saudi Aramco... But have one question. Why the ARAMCO not allows to expatriates to become a ARAMCO employee.. As they are working continuous as a contractor employee as they have a good experience working in Aramco ?
@massinakmin8340
2 жыл бұрын
@@shoaibhiroli768 because they are brown. Aramco is racist company like every saudi is a racist. It is a culture thing.
@horacekirkwood2411
2 жыл бұрын
maybe it's the colour of skin to get a job, but that's happening every where like South Africa it's a known fact since the black people were allowed to live like the rest of the world that if you are black you have a good chance to get the work before a white person, and yes there's racism and yes just like in the past only a small few will speak up and try and change
@ryodan3886
2 жыл бұрын
@@massinakmin8340 Why do you think their employees are slaves?
@kamalashraf4846
4 жыл бұрын
When you hear the word sovereign wealth fund, run.
@ParissaKhoury
5 жыл бұрын
Respect to Saudi Arabia 🇸🇦 Aramco from Iran 🇮🇷 ... ARAMCO is way better investment than Apple!
@riadjaan
Ай бұрын
Right
@onepluslatest
Жыл бұрын
MBS....MODERN /INTELLIGENT KING SAUDI WILL CHANGE .....IN HIS RULE
@subscribeforsomeafricanvil7105
2 жыл бұрын
Just a few weeks ago, I was reading on Saudi Aramco website operations. As someone wo studied logistics and supply chain with experience in oil and gas. I would very much be happy to be part of the Saudi Aramco team.
@al3ndlib
2 жыл бұрын
It’s one of the most prestigious companies in the world, like if you were lucky enough to work for them you’d be set for life. I have a friend that works for Aramco and instead of Aramco paying him the typical housing allowance required by Saudi Labor Law, they bought him a freaking house and paid for it by his housing allowance for the next 30 years interest free. He was 25 years old with half a million dollars house 😂
@DMCMAD77
Жыл бұрын
💪
@whatislifebuttheenjoymento3405
Жыл бұрын
Aramco is not a new company. Logistics and supply has been set probably 40 years ago
@lrml7481
18 күн бұрын
@@al3ndlib how much do they pay for entry level positions as an economist?
@ellashy6539
5 жыл бұрын
besides the documentary reading the comments becomes equally enjoyable lol
@keithjamesthegreat
5 жыл бұрын
Your mom is equally enjoyable
@playgroundofsound7683
4 жыл бұрын
Where are you from? 🌎 I’ve been watching a lot about Saudi Arabia lately. Very interesting place did u know half of their population is under 25 years old?!
@despedia2393
4 жыл бұрын
Ella Shy I love you
@adrianaadnan7704
4 жыл бұрын
Agreeed
@ellashy6539
4 жыл бұрын
@Donald Trump clown
@HasanAli-te3lm
5 жыл бұрын
I work for Saudi Aramco and i love my company. Its like my 2nd family.
@rafathwaheed7594
2 жыл бұрын
Please save your country!!
@debbyakusobi5737
2 жыл бұрын
Please Mr Hasan, can you assist me with the link to get a job offer from this Great company?. I'm into shipping
@Deevan2121
4 ай бұрын
The most polluting company😡😡😡
@andytan911
5 жыл бұрын
Something must be wrong, if it really makes that much money and really still had that much reserves, they wouldn’t need to IPO.
@devinkim4588
5 жыл бұрын
Yeah but its more about the transition from combustion engines to electric. I let you in on a little secret. Automobile Makers have been pushing to put Electric on the road for nearly 30 but have been restricted. The restriction on electric vehicles have lifted. We are currently the Infant stage of electric vehicles, but the growing pains will not be there. Within 15 years electric vehicles and other forms to power will make traditional combustion engines obsolete.
@ParisNorriss
3 жыл бұрын
The reason to IPO isn't just to raise money. It's also to have a market to sell your shares for a good multiple of earnings. They are trying to diversify away from oil and hence selling Aramco over time to fund other projects.
@AT-cy7im
3 жыл бұрын
Ammm it would have made sense and very much so. This about it: with the IPO the shareholders would be only a few and they would VERY VERY RICH like 2 trillion worth of rich while the people would have become poorer. That is why Saudi eonomists leaked info at the risk of going to jail. Now with Aramco being a state owned company, everyone benefits...with the IPO only a few would. Brave those smart guys that denounced this, I pray they are doing well.
@moinuddinsaheb2424
3 жыл бұрын
Proud to be a part of Saudi Aramco. May Allah bless the country & company ❤️❤️❤️❤️❤️
@noreenvarda8746
Жыл бұрын
But, as Sa`udis, you ought Not to be proud of something a member of yr ruling royalty did!! Something dastardly, inhumane!
@somguy728
3 жыл бұрын
I love the idea of the house of Saud running for their lives in the dessert. They squandered the majority of that ocean of oil.
Let's all stop for a moment to -THANK- Ronald Reagan and Republicans since him for _cutting_ taxes on those who can most afford to pay them: Corporations.
@ldwabananattqw
4 жыл бұрын
net income*
@gimmick206
4 жыл бұрын
I wont say aramco made a profit, cause it also lose the reserve so it stuck, you get money you lose oil, also the price is dropping
@roxyraccoon8856
4 жыл бұрын
I remember the good old days when stupid people just listened.
@awakenthegreatnesswithin
5 жыл бұрын
So much hate in the comments - time to leave. Love is the key to success 😃😎
@hugolafhugolaf
2 жыл бұрын
As if anything Saudi had anything to do with love. Murderous regime.
@shoaibhiroli768
2 жыл бұрын
Saudi Aramco is a world top number one company in the world.. I grately proud to introduce myself to be a one of the employee of ARAMCO...
@debbyakusobi5737
2 жыл бұрын
Mr Shoaib, please can you assist me with the link to get a job offer in this company?. I'm into shipping
@fionnuala8375
4 жыл бұрын
I worked in the hospital for employees of ARAMCO so lived in the ARAMCO compound for 2 yrs when it was an Arabian American Oil Company it is now an Arabian Oil Company worked 1 year during that time.
@peterernst1455
3 жыл бұрын
Aramco has to diversify its revenue base away from oil to green technology by buying companies that are successful in these new technology areas. For ex, by buying air taxi drone service companies. You see this happening in places like Singapore and Dubai.
@kingsleyoppong-wereko7239
3 жыл бұрын
Saudi Arabia needs a Sovereign fund similar to Norway, be a financial hub like Singapore and boost tourism for middle class foreigners. In the case of Aramco divide it into 2 companies would make sense. 1 side goes public and 1 side stays private as well as moving to make public some parts of the value chain.
@Sp3ll633
3 жыл бұрын
" boost tourism" ahahahaha who the f wants to go to the desert? Especially with this backward society.
@shmsid48
3 жыл бұрын
I just pray that Saudi and the people of Saudi Arabia live again in peace and prosperity. Ameen.
@ziyadaldegaither8931
3 жыл бұрын
Come over and check it out for yourself. I currently live in Boston, Massachusetts but am a citizen of Saudi Arabia. I feel more at peace and safer in Riyadh than anywhere in the USA.
@alexanderaquino4289
5 жыл бұрын
The Market will devour it for sure.. Its valuation will go roller coaster. Short Sellers will ride in this, count on that The Market is the one who dictates the price
@mannyespinola
4 жыл бұрын
Thank you for this excellent documentary, very enlightening and informative
@Tihi45
2 жыл бұрын
This man killed Adnan Kasogi.
@3lazawa2ak20
2 жыл бұрын
Forward
@sarasaadat2094
2 жыл бұрын
🤲 all prays of Muslimah. Ummah is supporting Saudi
@davidlanham99
4 жыл бұрын
"...when it comes to relations between the United States and Saudi Arabia, Washington has all of the leverage. American policymakers shouldn’t forget that." Ellen Wald, NY Times Oct. 18, 2018.
@phenomenalfemale524
3 жыл бұрын
Saudi Aramco went public with the world's largest-ever IPO on Wednesday morning, with shares surging more than 15% in two days of trading & giving the state oil giant a valuation of $2 trillion.Dec 11, 2019
@noreenvarda8746
2 жыл бұрын
Assa Alkm! When you have a Family of Leaders the Population holds sacred & fear, isnt it a Tyranny? No human being ought to be so revered except, as in Islam, the True Prophet Nabi Muhhamad SAW!
@netizencapet
2 жыл бұрын
Saudi Aramco did NOT go public in 2019. Rather, they sold 1.5 % of their shares publicly. The other 98.5% are still held by the Saudi State. For a state owned enterprise to "go public" would mean that the government owner would sell a majority or all of the company's shares on an open stock market. Much hype was made that they were poised to do just that, but this was not so.
@Zvxers7
11 ай бұрын
@eqwalle4884 saudi arabia gdp is over a trillion 😂
@robertpeston6692
5 жыл бұрын
Aramco was founded with the Americans and Arabians (AraMcompany). The IPO was announced last year and they were deciding whether to go to NYSE (NASDAQ/NYC:AMCO) or LSE:/LSE.AMCO. They then pulled out and said they are not comfortable yet transitioning to the public phase, maybe it was just a testing between who would give them better concessions. Ultimately, the British did but they pulled out anyway.
@myraxmars9164
2 жыл бұрын
Aramco Aramaic Aramco oil gas energy company oil gas Rainbow🌈many muslim not agree mbs Rules but I' support mbs MBS Rules peace before MBS Rules Arab Saudi Christmas Valentine's muslim Rejected but MBS Rules Christmas Valentine's consert deal 👍👍 who claim MBS kill jamal kasogi MBS not kill kasogi face me investigation who suppect MBS 👍💚Al UZZA 🌕⚡☀️🌟🌈
@grantandrew619
Жыл бұрын
perhaps you should watch
@michaelaram5114
Жыл бұрын
Aram is my lastname.. I hope I'm work in Aramco someday..
@noreenvarda8746
Жыл бұрын
They want complete control....
@noreenvarda8746
Жыл бұрын
@@michaelaram5114 mmore like haram
@cvvarghese2242
2 жыл бұрын
My beloved Crown Prnce MBS, HEARTY GREETINGS. I hear that Your Highness is in problems. At the same time you Highness declared several reformations favouring women. They are the noble companions God the ALMIGHTY has given to men. But they are considered by 'some uncultured' as slaves which is against GOD THE ALMIGHTY. So Your Highness has taken firm steps, which is HIGHLY APPRECIATED. We expect A LOT from you. Your Highness can do it. If Your Highness is after TRUTH, YOU WILL SUCCEED BECAUSE GOD IS TRUTH AND GOD WILL BLESS WHO FOLLOWS THE TRUTH. I will pray for you. Convey my best love 💘 and regards to my beloved Hamdan, who is your friend. Thak you. With love 💘 and regards CV Varghese.
@amuktadir1991
Жыл бұрын
Well sir in current Price hike,It has to be 80-90 Dollar A barrel.
@anniechrisbendy6000
5 жыл бұрын
🤣🤣🤣transparent saudi NEVER WILL HAPPEN ...... but it does not exist in U.S.A , UK, E.U either so ....... !
@anniechrisbendy6000
5 жыл бұрын
Hey new king ........we need to talk
@anchor4067
4 жыл бұрын
Everyone ain't transparent
@philosoftfurkitusjunkyard2462
4 жыл бұрын
Masks are required now, to share the blame
@kakumian5159
4 жыл бұрын
Transparent! The West created Saudi Arabia for their long term benefit.
@sylvesteriruoghene1791
3 жыл бұрын
Nice
@noseymold9868
4 жыл бұрын
They’re going to need an army of accountants to go public.
@SebAnders
4 жыл бұрын
And also they'll need the house of Saud to stop using it as a piggy bank.
@omarjandoul1397
4 жыл бұрын
the company is already public
@Tihi45
2 жыл бұрын
This man killed Adnan Kasogi.
@Tihi45
2 жыл бұрын
This man killed Adnan Kasogi.
@rafatparveen5364
5 жыл бұрын
Aramco is a backbone Saudi kingdom
@davidlawrence8085
5 жыл бұрын
Is or WAS a backbone...and now a broken back.
@noname-op3zj
2 жыл бұрын
Your royal highness I salute u in ur beautiful majestic ideas , I gave bayahh love and reverence from afar my dear king
@annpinheiro2918
Ай бұрын
The king has authority....we pray to.God to.give him courage and wisdom
@William_sJazzLoft
3 жыл бұрын
I had no idea how complex the economic model is for the House of Saud. If Aramco is owned and operated by the government, what distinguishes the Saudi model from an SOE such as would be common to the PRC? Also if there's a decision by consensus, can one hold out impede a particular initiative? Thank you
@soniasoniaberry5116
3 жыл бұрын
Trusting an expert was never an option for me until Charlotte Anderson was recommended to me by my colleague. After giving it a try, She r really impressed me?. The importance of good manager cannot be over emphasized.
@cyprianmorre4143
3 жыл бұрын
I made over $19,500 out of $4k investment in 8 days, i have no other option than to say she's the best that can help with trading
@somzypeters16
3 жыл бұрын
I'm surprised you know her too, i have been making a lot of profits investing with her for a few months now
@kmary7327
3 жыл бұрын
please i am new to this, how can i reach her
@soniasoniaberry5116
3 жыл бұрын
@@kmary7327 >
@kiv_daniels
2 жыл бұрын
@@kmary7327 Please be careful
@ياسرعبدالعزيذياسمينياسرعبدالعز
Жыл бұрын
ربنا يحفظهم لك العربيه السعوديه ومالكها طال عمره وولي عهدها محمد بن سلمان ابن عبد العزيز ال سعود يحفظ الله ورعاه ويثبت خطاها و سمو الامير وليد بن طلال بن عبدالعزيز ال سعود امير الانسانيه بجد❤ وانتم وجهه فخر الوطن العربي للمملكه يحفظكم الله ورعاكم جميعا ويثبت الله خذها على قول الحق💖🇸🇦🇾🇪
@aabdelkaderbouteldja1004
Жыл бұрын
نشكر جزيل الشكر والتقدير والاحترام للإدارة الأمريكية السعودية للمجهودات القوية التي يبذلونها لأجل التعاون و التضامن و التكافل و التكاتف و الإتحاد و التشاور لأجل إحلال السلم و السلام العالمي للعالم أجمع
@soleraanalyn7267
Жыл бұрын
If you working in the largest Company, you need to wearing the bright colors dress , and Always smelling the peoples, ,so that's the businesses is Successful. And very Lucky
@AS-qj6zf
5 жыл бұрын
It’s interesting how the attack happened right when they’re trying to do an IPO which is dependent on oil price... nice chess move, blame Iran while boosting their IPO value.
@kdcruz75
5 жыл бұрын
They ramped up the price to get a higher IPO... Maybe they dont have the reseerves to get a higher IPO.. To get a. Higher IPO share pricing they need to show a history of higher reserves...maybe its just them showing part of petroleum production as reserves...and then rilling that figure over... So when they ramp up the price... They want to fool the public into thinking that they r doing that in the back of huge reserves... If the market knew that the reserves were fictional then the shorting pressure would be very high... They lose theor power to determine the price.. the short sellers would be determining the price..
@SpinSatx
5 жыл бұрын
If anythinf that lowers their IPO price. Speculation is the biggest driver of the market. No one wants to invest into a possible future war zone.
@cookinsdabest
5 жыл бұрын
@@SpinSatx I agree, I think they were attacked to damage the ipo, but it could have been usa, Israel, Russia, Iran, Yemen, we may never know who actually did this
@SpinSatx
5 жыл бұрын
@@cookinsdabest True, but only thing you can do is go with whatever evidence has been presented from both sides... and thus far America & the allies have presented more convincing evidence. There are questions to some aspects of the investigation, but majority of investigations always have questions. Iran hasn't presented anything to show their innocence. They were involved either primarily, like the evidence is pointing to, or aiding the attack... In America, that still gets murder. You knowingly aided/ planned the attack, you are just as guilty as the attacker. And that is regardless of anti-iran policy, anti-Islamic possible feelings, ect. That doesn't neccesarily make America guilty of perpetuating a false narrative instantly... but it does make us all look closer at the entire investigation, all the motivations, who, what, when, where, and why. God bless the USA. 🇺🇸🇺🇸
@lilbit5557
5 жыл бұрын
Absolutely
@niquinavarrete1415
4 жыл бұрын
I love you Saudi Arabian prince. Thank you for changing a nation we once were so terrified with. 🙏
@yassenabdalfatah5775
2 жыл бұрын
قلب الأسد وصانع المعجزات الأمير محمد بن سلمان مفخرة العرب والشخصية القيادية في العالم صاحب اقوى شخصية عالمية حفظكم ألله ورعاكم هامة طويق مايهزك ريح
@suliyoutube6485
3 жыл бұрын
Mbs is the greatest leader in the world wether you like it or not , you just can’t see him on the top , keep dreaming until you won’t wake up, cause mbs is on the top
@ElysiumEats
5 жыл бұрын
thank you for this docu!
@itdropout
5 жыл бұрын
Let's talk.
@abdullahiahmed3425
5 жыл бұрын
Just do it already I would love to buy shares in Aramco, and I would encourage people to do the same, oil is one of the best investments like gold or real estate even if oil is selling at 20 dollars a barrel it's not a worry because you would still be making a profit, so just do it Saudi Arabia !
@nadiafulitva8051
4 жыл бұрын
It’s at -40 dollars right now
@محمدالصاعدي-ي7ك
3 жыл бұрын
@@nadiafulitva8051 83$
@MSaad-ht7ni
4 жыл бұрын
If Unemployment remains High despite there being jobs then u got a significant problem.. Whole story of Saudia arabia described in few words..
@gordonzuma6190
2 жыл бұрын
verb 1. put (someone or something) on land from a boat. "he landed his troops at Hastings" 2. come down through the air and rest on the ground or another surface. "we will shortly be landing at Gatwick" Similar: touch down alight make a landing come in to land
@rgsclassicmusiccafe
2 жыл бұрын
Aramco should review it's crude oil price to recover past losses due to Low price....more over they should Robotize the work force as per their work process... Saudia should workout to explore its Gas reserves...at max potential Thanks....RGS
@mohdanzarhashmi3257
5 жыл бұрын
Allah Always keep success continue Saudi Aramco VISION 2030
@silwadi08
5 жыл бұрын
I pray the dismantlement of the oppressive saudi family regime is steadfast.
@bismahzjallani5916
5 жыл бұрын
No company is bigger than the cost of human life
@candicesouthall4213
3 жыл бұрын
iloveCrownPrince!!!!!!
@apriljeddahlynbacud8537
4 жыл бұрын
My father works here. I am so proud of him. I miss him so much!!
@cedricsmith8188
5 жыл бұрын
I was wondering is there quick sand in Saudi Arabia, and in the 1930's when they were searching for oil in the desert was anyone lost in quick sand?
@VolKNo0
5 жыл бұрын
Cedric Smith these are the type of questions we need to ask. This is a Real question.
@thomascassler9494
5 жыл бұрын
good subject , yes , many geoalogest were swolloed up by the sands , all for oil , shame oil is prized more then human life , sad but true !
@scarecrow9474
3 жыл бұрын
My brother did
@al3ndlib
2 жыл бұрын
It’s one of the most prestigious companies in the world, like if you were lucky enough to work for them you’d be set for life. I have a friend that works for Aramco and instead of Aramco paying him the typical housing allowance required by Saudi Labor Law, they bought him a freaking house and paid for it by his housing allowance for the next 30 years interest free. He was 25 years old with half a million dollars house 😂
@Albabiri
3 жыл бұрын
الأمير محمد بن سلمان رجل المرحلة حفظه الله
@joshuahalpern4426
4 жыл бұрын
Aramco stands for Arabian American Oil Company. No more American ownership. Why not change the name?
@t.essakkiraja1136
3 жыл бұрын
I'm very proud💪 to be a son of a worker of Saudi Aramco.
@richardcory5024
5 жыл бұрын
The Saudis are mostly too idle to work and non one much in Saudi Arabia does a stroke. They look down on work and having once been traders and now recipients of oil revenues, can't get their heads around it.
@davidlawrence8085
5 жыл бұрын
Yeah Richard , you hit it. From looking for drinking water every day ...60 years ago to current mentality of reducious entitlement of unearned luxury. Luxuryous entitlement hardly engenders grassroots work ethic.
@netizencapet
2 жыл бұрын
I read Ellen Wald's book. It's pretty fair and shows the adroit moves of the Saudi oil ministers and certain of the royals to ensure that Aramco would not exploit the kingdom and how through patient, yet hawkeyed monitoring and planning, they waited until they could buy the company fair and square rather than bring problems on themselves through expropriation. This strategy largely determined the kingdom's privileged position with the west versus the unfortunate position of other oil rich states, even those with much more democratic governments. The Saudi State is not ready for an Aramco IPO. You think the shady, fitful, arbitrary, and unrealistic whimsy of Prince Salman (who is so much less of a man than his father), could be trusted to manage a sovereign wealth fund (the Aramco IPO money would be put into one of these, such as the small already existing one, I assume)? He'd sell off half the holdings for a pie in the sky imbecile vision of a linear city built anew in the desert, when Saudi Arabia already has excellent candidates for urban renewal in places where ppl already live...and who's to say massive new urban projects are what the ppl need right now, versus, say, better water infrastructure, educational institutions, legal and dare I say--political--reforms. The monarchy should relinquish direct rule and become a constitutional monarchy with a professional legislature, even one that were only semi-democratic.
@ms9771
2 жыл бұрын
Saudi is run by the dictatorship of 7thousand families of the kingdom, you will lose your head if you talk against these families or cut your hand or keep you in a Saudi dungeon, like the Khashoggi reporter who has a special relationship with the west selling oil, just god save of people of Saudi
@@silverkitty2503 Revisiting my comment, I have a slightly better view of MBS than I did at the time. I think he's largely a closeted progressive with some crucial reforms in mind that may ultimately deliver the middle east from some of its current dooming factors: 1. challenging the old Petrodollar/Security scheme signed by FDR and Ibn Al Saud, considering in its place an array of Petro-Yuan, Petro-Euro, Petro-Rial, etc. arrangements which would be fantastic, yes, for Saudi independence, but much more so for price stability in the developing world and conflict remediation. 2. Pursuing detente with Iran. If MBS could shake the awful "Cut and bar Iranian oil from from the world market at all costs" doctrine, one of the region's central destabilizers (the Saudi/Iranian rivalry) could be mitigated. In essence, egged on and reinforced at every possible turn by the U.S., the rivalry acts as a Divide and Conquer strategy that ultimately aids the old imperialist Atlantic powers at the expense of the middle east as a whole, the two rivals themselves included. 3. MBS, once he obtains sufficient triangulation from the US, may lend the kingdom sufficient multilateral leverage on a diplomatic level to permit MBS a greater license to move against the clergy and institute gradual westernization/liberalization. I think MBS ultimately wishes to bring women into the workforce, cut back on over the top cultural censorship (but keep political speech at bay) and transition the social model from mass welfare based on oil checks to an employment and services based system, or - at least to a welfare state whose sovereign fund is more diverse. I still fear that Vision 2030 is criminally outlandish and that the people of S. Arabia deserve better for their money. However, I hope MBS succeeds with some of the other changes I've mentioned. As for whether Saudi Arabia is "ready" for democracy, that's a very insulting question. People everywhere are ready for democracy. I fear the United States' semi-democratic government is so thoroughly captured by monied interests that its people are increasingly unready to ever demand the reforms that would permit them to exercise real democratic governance.
@keithmcloughlin7324
5 жыл бұрын
Yea gotta love ❤️ Al Jazeera , The whole truth , Best wishes Dublin , Ireland , ❤️🙏☘✌️💯🇮🇪☘👏🏻....... 😇
@petarkandic3566
2 жыл бұрын
Aramco is the best
@SuperGreatSphinx
5 ай бұрын
The Sin Of Avarice
@waynet8953
4 жыл бұрын
Saudi is never going to recover from the prince's many mistakes.
@DigitalNoomad
3 жыл бұрын
Thank you Qatar for this documentary!
@johnobrien8398
5 жыл бұрын
Let’s hope everyone starts to use electric cars very quickly the oil will not be needed and the world will be a better place so nice 👍
@cirus4460
5 жыл бұрын
@@kerryburns6041 Hey Electricity is being generated from Renewables like Solar, Wind and Hydro too and 90℅ of electricity will come from these sources by 2050.....Bye Bye Oil n Fossil Fuels
@johnobrien8398
5 жыл бұрын
How about nuclear power that can make the electric or wind turbines or the power of water it can be done without fossil fuels we must try
@kerryburns6041
5 жыл бұрын
@@cirus4460 Sorry to be negative, but the buses, wagons, trains and ships run on diesel too, and will continue to support the oil industry. Renewables are not part of the Great American Plan, or England would have had them years ago. In Spain I get an average of nine hours sunshine a day, which allows me to run a solar powered bicycle, with two sets of batteries, one to use and one to charge. My solar system would probably run to a small light single seater car with a 20 or 30 mile capability. In England it wouldn't get out of the drive. I don't know what the answer is, but I do suspect that it might include something which rarely gets mentioned, and that is a serious look at the environmental costs of mass travel on a daily basis, and a gradual move towards staying where we are.
@kerryburns6041
5 жыл бұрын
@@johnobrien8398 We still don't know what to do with the deadly nuclear waste John. Wind and water offer huge potential. But not to our politicians, who are the best that money can buy.
@johnobrien8398
5 жыл бұрын
Kerry Burns politicians are not the best we can get they are the best money grabbers and self publicists you can they are all milking the tax payer for fortunes
@bayliner6296
4 жыл бұрын
Time for the Kingdom to step aside and let the people of Saudi make a decision and take over the country. The country belongs to the People of Saudi and not the family. By killing Jamal, the kingdom arrived at the last chapter of their book. We need to keep reminding this issue every day and make them responsible for the criminal acts that they have done in Turkey to Jamal. Just think how much more they do this to every ordinary Saudi within the country. This kingdom hands sare full of blood and crim that they have committed in Turkey, Yaman etc,....
@ชลนภา-ถ9ห
Жыл бұрын
I Love คุณลุงค่ะ. I miss you 🤗❤️
@dennis9707
5 жыл бұрын
Don't trust MBS for a second and his silly guilty smirk on his face.
@harrickvharrick3957
2 жыл бұрын
Beautiful documentary, with a more of beautiful shots, in which a thorough picture gets painted, and really knowledgeable people are being interviewed. Fantastically done, it has created a lasting image in my mind! I just have one question: it gets stated that Saudi Arabia's attempt to break its competitor Shell by causing a huge drop in oil prices a few decades ago, massively backfired. How, and what happened?
@joeblow-mf2jx
Жыл бұрын
helped terrorists
@hussain_xx98
5 жыл бұрын
fossil fuel is Being decreased gradually by hoisting. Saudi should invest in other aspects. Otherwise will have to confront economical crisis in recent future..
@atheistcable
5 жыл бұрын
Hussain M Good comment. Much of their oil should remain in the soil. I just watched a video discussing how water is slowly rising in Miami and other Floridian cities because of sea level rise. Glaciers of Greenland are also melting at a faster rate than scientists predicted. Meanwhile, China is taking the lead in solar panel production. This seems to be more than Denmark, Germany and other European countries, not only panels but wind turbines. Plus Japan which wants to get away from nuclear plants. USA is lagging behind, but it's catching up. No longer are we hearing that fusion nuclear plants are a hope 30 years away. Now I'm hearing of just 15 years away. Think of all the structures supporting solar panels. Once panels go from 19-21% efficiency to 40% efficiency, it won't take long for renewable energy to double worldwide. But oil will still be useful for plastics and plastics will remain part of human culture in the future. --13 March 2019
@sonogabri1
5 жыл бұрын
MBS already knows that.
@jamessylvestri8674
2 жыл бұрын
I really like the prince he has I think an honest and very serious face very intelligent person
@Paradoxisthefingerprintofgod
Жыл бұрын
Saudi Aramco is one of my favorite companies.
@Lunatic4Bizcas
5 жыл бұрын
"Houston is an oil town." How about mega-city in the United States. Fourth largest city by population in the U.S in fact if I'm not mistaken.
@applesaucemannomadicgarden529
5 жыл бұрын
And I thought Houston was some city in Saudi Arabia...
@cucumber623
4 жыл бұрын
ooooooo
@galoveble
4 жыл бұрын
wow.... they are really rich... big development.. I have been living in that place... the government really doing good job by education and to the people ... i dont see poor people on the street.. they have even allowances for the student which other country cant even afford even free education..
@shauncameron8390
2 жыл бұрын
But in exchange, the people are to obey the government. No questions asked.
@solidwaters1866
4 жыл бұрын
I'm surprised this video allowed comments!!!
@solidwaters1866
4 жыл бұрын
@笑 يُوسُفُ 笑 Read Quran and spell right, Israel is holly land. According to Quran, At least elected Israel has prime minister.
@shahirani4762
4 жыл бұрын
solid waters correction. It WAS the holy land. Not anymore for jews
@amuktadir1991
Жыл бұрын
A CRIME equal 10 years to 15 years jail.
@sajidrao3625
Жыл бұрын
Ap Boht Ameer king Kaba 👑👑👑👑 Saudi Arabia Allah pak apko khosh rakhe,, apki Mal I dolat ma barkat de Ameen 🤲🤲🤲
@Clithero
3 жыл бұрын
Would Love to see an Arab Audit of USA's Oil industry in full disclosure. Not happening
@dmdm8018
5 жыл бұрын
Like many, I hope alternative energy sources make this oil nation back to what they were prior to this wealth. I hope I live long enough to see that.
@Anonymous-or4ru
5 жыл бұрын
It's the only way to disarm oil rich tribal nomads and effectively stop the growth of terrorism.
@Anonymous-or4ru
5 жыл бұрын
The longer first world countries maintain their appetite for guzzling oil, the longer they will be marginalised.
@taariqq
5 жыл бұрын
Seriously stupid comment.
@creedbel8328
2 жыл бұрын
I wouldn't hold my breath if I were you
@ddwz950
3 жыл бұрын
Stay strong saudi 😞💔💪💪🕋🇸🇦🇸🇦🇸🇦 you guys keep dividing the ummah
@ROSAAMADAMINERVAACOSTASILVA
2 жыл бұрын
Good morning my dear MBS Greetings and blessings to you and all your beloved Royale Family.
@sajidrao3625
Жыл бұрын
Allah pak humare is ghr pr apni rehmat ka saya hmasha rakhae Ameen 🤲🤲🤲
@nanapox
5 жыл бұрын
Locked up in the Ritz Carlton?? Not the worst place to be on "house arrest"
@abdul-azizmusa2990
5 жыл бұрын
THEIR CHOICE. THE ROYALTY FALL UNDER "THE GOVERNMENT INVESTIGATION" THEY WRE HELD IN COMFORT. THEIR FAMILY..WHAT DO YOUR "NOSE POKING BENEFITS YOU. IS IT NOT TIME YOU PEOPLE THINK OF IMPEACHING "CRAZY JOE" IN THE WHITE HOUSE?
@truthseeking6611
5 жыл бұрын
'House arrest' in Saudi Arabia will cost you a few Billions.
@productioncurrent2480
4 жыл бұрын
@@abdul-azizmusa2990 the individual is only joking , why you are upset?
@Longtack55
5 жыл бұрын
Thank you AJ - excellent points to ponder, particularly vigorous Due Diligence. I see down-voters still haven't welcomed or grasped the idea of modern business practices and anything other than oligarchic and corrupt leaders grovelling to absolute monarchies . "Accountability is uncertain" typically modest understatement of a former diplomat.
@Tihi45
2 жыл бұрын
This man killed Adnan Kasogi.
@khmerfood5611
2 жыл бұрын
really nice news,
@pididi4840
4 жыл бұрын
Rest in peace JAMAL KHASHOGGI , justice will be served before the All Mighty
@x8w
3 жыл бұрын
Rest in peace IRAQ, SYRIA, AFGHANISTAN
@beyondblueyes68
2 жыл бұрын
I don't understand why 2 trillion is a hard sell. We all know that the price of oil when it gets more scarce is gonna sky rocket. They are making around 1 billion a day at present oil prices that are only gonna rise.
@jackkessler9876
4 жыл бұрын
ironically, the object is to turn liquid oil into liquid cash. The Saudi monarchy is at no risk of running out of oil. If they run out of cash, they will be gone the next day.
@arvindaggarwal598
5 жыл бұрын
In my humble opinion Oil will be replaced by other forms of energy making oil obsolete. Therefore it makes sense for Saudi Arabia to cash out of oil.
@rehanpatel9797
5 жыл бұрын
Oil will never become obsolete
@warriors221
2 жыл бұрын
U don't only use oil for cars dumbo
@andrewlambert7246
2 жыл бұрын
Why do nations with minerals and/or oil have no industrial manufacturing capability despite having capital to invest in industry.
@hussainbinshamsuddin9488
2 жыл бұрын
Complacency and due to international trade diplomacy. If these countries start up their own industrial and manufacturing sector, many European nations will struggle. It explains why for example France will fight tooth and nail to maintain their control over their former colonies, sending in mercenaries if needed to topple leaders who are playing ball with France.
@voiceofunreason5153
2 жыл бұрын
Government officials loot most of the funds that should be reinvested into building infrastructure. It is a wicked greed and shortsightedness tantamount to treason basically.
@hussainbinshamsuddin9488
2 жыл бұрын
It is not in the interest of developed countries to see these countries develop their research and development or their manufacturing and industrial sectorr. France for instance controls their former colonies central banks. Any rebel leaders or organisations which threatens to topple leaders of their former colonies who are pro-French will be dealt by the French mercenaries mainly to protect the long term v strategic interest of France.
@نايفالحربي-ط7ف2خ
Жыл бұрын
كلامك مقنع وهاذي الخطه ان شاء الله
@musabitrus3472
2 жыл бұрын
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@taiwomuftau6255
2 жыл бұрын
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@abubakarmajesale30
2 жыл бұрын
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@nicodemusdashuwa3784
2 жыл бұрын
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@nicodemusdashuwa3784
2 жыл бұрын
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@fridayolinya7715
2 жыл бұрын
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@muhadiachwan814
2 жыл бұрын
Look that cool mineral product...every body look at bad mute or not important product but this time he become hero in our crisis
@ricfermi5886
2 жыл бұрын
MAH SHA ALLAH Muhammad bin Salman!! Bismillah! Most generous!
@tousifrahman2342
3 жыл бұрын
An inclusive government that do not share the wealth & prosperity with people that actually create it (wether foreign or local) can not possibly attract foreign Investment, they should actually look into other nations like Australia or Singapore to see how they treat their foreign workers, there is a lot of things goes into a be considered a developed country.
@abdullahsultan6778
2 жыл бұрын
Why u dont ask that sharing of wealth from ur own government?😉😉
@nadiafulitva8051
4 жыл бұрын
Oh god this is an Al Jazeera documentary take this with a grain of salt
@sylvesteriruoghene1791
3 жыл бұрын
Beautiful
@terrycoyne600
5 жыл бұрын
22:14: The figure shown on screen for $2 trillion is off by a factor of 1,000. They show $2 quadrillion, not $2 trillion. Sloppy!
@monarch697
3 жыл бұрын
LMAO
@z.bellingham2556
2 жыл бұрын
Yes this new prince wants to bring his country in the future as a visionary and qe all wish them the best.. But let's brake this down He has been watching to many mafia movies, and went to apply it on the rich that worked hard to earn the ir fortune speaking of the daily grind .... 1st went to chop off that journalist with his firing squad in turkey then he gathered all people with money and took more than half of their fortune threatening them comply or else..puting them I'm a hotel jail. Not to speak about the Lebanese prime Minister as he held his family hostage and took his company... This is not the way to bring his country to the future. No I don't think he will be free to travel as he built so many enemies around him and a coupe could be in the works. I really had hope in this guy as I thought he could bring his country to compete with Dubai. But that is not the case The reason Let's just start with the religious police. Any way We always wish the Saudis prosperity but not those that planed the 9/11. Cause all of them came from there.
@FireMao
5 жыл бұрын
I would like to hear what the family's vision is on how the planet is to be saved.
@upupandaway5646
5 жыл бұрын
There is none ,nothing will change
@stanleyjoe4103
3 жыл бұрын
Thank you for this informative documentary.
@Tihi45
2 жыл бұрын
This man killed Adnan Kasogi.
@Omar_alzaidi
2 жыл бұрын
@@Tihi45 no one care
@cheetocheeto7986
4 жыл бұрын
"100 billion dollars is a large amount but not that much 😳
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