Recently, Saudi Aramco has shown remarkable financial performance, with significant developments such as its historic initial public offering (IPO) in December 2019, which raised $25.6 billion, the largest IPO in history at that time. Financial reports indicate strong earnings, driven by high oil prices and increased production levels. In 2023, the company reported robust profits, bolstered by favorable market conditions and strategic initiatives aimed at diversifying its revenue streams, including investments in sustainable energy projects
