Rich people don't all spend less. That's what poor people think about rich people. To become rich you must have an abundant mindset. And when it's the case, you spend more and then you attract more
@@LogicallyAnswered don’t worry. You did a great job 👏 We understand the confusion. Because in Arabic we call people by their father’s name. Example: English - Son of (insert father’s name). Arabic - Bin/Ibin (insert father’s name).
It’s ratio not ration. Also 140% debt to earnings isn’t that bad albeit lower is better. Ever purchase a $1 million home on a $100k salary? Banks allow you to pay payments the same way bonds allow countries to make payments, as long as the credit is good, there is little fear for a balloon payment.
Although national debt is looked publicly as a negative, most if not all economists will agree that having some level of debt to be good. Especially if growth and natural inflation devalues the debt. Though... 1/3 of the current debt is caused by Republicans and Trumps stupidity and failures during the start of covid. Basically, we would have a lot less debt if there wasn't a pandemic and I attribute the pandemic spreading in the US to the Republicans.
@@oneviwatara9384For you, you will get evicted and your credit will tumble into worthless. For the U.S.A they can print their own money and accrue higher debts as long as the dollar is the primary currency of the world and their GDP continue to grow.
@@UnknownUnknown-hg7xg Sure you can keep on printing more money to keep things going for another decades after that everything will change for the worst for US economy.
At 6:43, why you didnt mention that the shortage was due to blockage of oil production from saudi to US as King Faisal was upset from US as they were supporting Israel
great news about aramco . now a days the large area of ksa is under construction aramco site RUB AL KHALI . big quantity oil and gas place near the yemon border .
First Companies To Hit 1 Trillion Value: 1. Dutch East Indian Company in the late 1600s 2. The Mississippi Company in 1690s - 1710s. 3. South Sea Company in 1720 - 1750s. 4. Standard Oil Company in the 1905. 5. Sadio Aramco current.
so basically, the Western nations supporting Israel is no different than when Western power supporting East Berlin.... it was to secure and maintain possible future economic gain and masking it as "establishing a "free" land", clever but really morally vicious
@z y'all two on some weird ass drugs 1. the west didn't support east berlin, but an enclave in Berlin, probably same goal, but still a difference. 2. Worshipping the devil? idek
I am from Ghana but currently working in Saudi Arabia in an oil company called PRC, PetroRabigh Oil Refinery Company. These people born on a deserted land or almost a dead land and reaching this peak of advancement, development, progress and growth is very very admirable. They deserve the best that the universe can offer. I pray that my country Ghana who has also started mining oil since 2008 will learn from Saudi Arabia and use the oil as an opportunity to take charge of the country's future. I pray we don't end up like Nigeria who's oil has turned into a curse instead of blessing. God bless Ghana, God bless Saudi Arabia because being has helped me to feed my family. A'Sallamualeikum🙏🏿
Being a saudi & employee of Aramco, most of the information are wrong. Saudi owned 50% from the start. & saudi are not happy that American partner with Israel to attack Arab countries
@@LogicallyAnsweredDon’t worry about that it’s a different culture than yours, We all makes a mistake and great video it’s quite interesting to know a lot about the Saudi ARAMCO.
Could you please take a couple of names and show us how to interpret the naming convention? I have always been curious how the middle eastern naming works. If possible, also share what bin, al, and Ur mean.
Saudi Aramco Stock is not expensive, it is traded in TASI (Saudi exchange Index) for 32 SR. Something around 8.5 USD per share, though the movement of stock is so heavey due to number of stocks available, worth to mention that they have 4 years agreed dividend for stocks holders since IPO
Just a few corrections, 1. The royal family is mot the Abdulaziz family. It's the Saud family (as in Saudi Arabia) 2. The person who restored power to the house of Saud is named Abdulaziz ibn Saud. (ibn is not a middle name, it means son of)
Simple they bought it with the gas money that we pay them. Funny how Canada has the third largest oil reserve in the world, yet we pay a foreign nations to get oil and refine it when we could be giving this money to Canadian companies that will benefit Canadian families.
@@KhalidAlharbi67 Yeah man and we are paying very high gas prices, higher than countries that don't have oil at all. We have 1800 working oil wells, 3rd largest oil reserve in the world, And we have several refineries that export to several countries. And after all of that we are paying more than countries that don't have oil at all. I blame our Prime Minister, anti Canadian thug who is colluding with the oil cartel to limit the supply to Canadians. So he can charge more for gas and steal money from Canadian families. Our leader belongs in jail.
@@spaceman4294 I heard that extracting oil and gas in Canada is very expensive unlike my country Saudi Arabia. It is about 6$ to 15$ in the kingdom but around 60$ in Canada. Maybe that’s why oil prices in your country are expensive. Correct me if I’m wrong.
@@KhalidAlharbi67 Man Canada has 1800 working oil wells. They are lying to us saying it's expensive to get. Oil companies and the government are purposely limiting supply of oil to make more money.
The 2014 oil price crash was engineered by backroom quantitative easing into the U.S. fracking industry incentives, co hiipled with the U.S. lifting its ban on oil exports
I think people think that because of electric cars Middle East countries will be out of business but what people don't realise is that there are other things too that uses fuel. What do you think?
Saudi Arabia and other oil-exporting countries would have a balance of budgets crisis. Sure oil wouldn't become redundant, but it would be undervalued so much that it would force these countries to actually begin working.
It’s all about margin. You cannot charge premium if your product is not essential anymore. Gasprom was most profitable at 2012 I guess. Where is it now?
Some facts here are loose, such as the 2030 Vision. It was introduced in 2016, and the spending started from 2017 to diversify the economy, the current debts are relatable to this kind of spending, it is not that we just realized that we had much debts in 2020. Moreover, Saudi Aramco was never solely owned by the Americans, and there is no documentation of such circumstance, it was always a joined venture until it was solely owned by Saudi Arabia. Furthermore, the new airline that was shown in the video was initiated by king Abdullah, the former king of Saudi Arabia, before the whole vision and investing in entertainment. Overall, very well for a western guy to try to relate :)
Hello viewer from Saudi Arabia here :) He's not king IBN. The royal family here is called Al Saud, and the king who reunited the kingdom and established the third saudi kingdom is called Abdulaziz So its Al Saud family and the founder and the first king is Abdulaziz Al Saud
They didn’t buy a two trillion dollar company. The title of this video is so misleading. They bought a portion of the company in the 70’s which was worth far far far far far less…
I still love you though 😘. Also mad respect, most content creators would have ignored that comment, but you sir are full of integrity. That’s why subscribe, you seem like a chill dude.
btw, IBN means SON OF , for example Ibn Sauod means the son of Saoud, therefore you can't just say Ibn Did so and so alone because in this way you are not referencing to the intended person. it is just like u r saying son of did reclaim Riyadh in ...etc.
They actually made it and now it's worth 4.3 trillion $ and they collaborated with a American company and then that company resigned from there share and then in 1946 and then it was almost fully owned by the Saudi government and so ye thats the story
There economy is so great that some countries like dubai don’t have income tax and there cities are made just in some decades which show there prosperity and wealth. And this video amazing “oils “ my brain 🧠. Great video 👍🏻
@@LogicallyAnswered yup that is a big problem, since countries are converting to electric vehicles and appliances, this generally isn’t a great thing for there economy.
@@LogicallyAnswered newspaper headlines in 2030 ........... mission mars ( elon musk ) vs vision 2030 ( Saudi Arabia) yup a great video topic indeed 😂😅
صحتين على قلبك ،طال عمرتش ،لازم تحصل على اكثر من ذلك المبلغ ،لكن اريد ان اسالك سؤال ،كم صفر يوجد على يمين الواحد ،ولو حذفنا الواحد كم يبقى الرصيد (امزح ) هل ترى أن الواحد مثلي له تأثير، يعني كان بإمكاني أن احذفك من السعوديه ،لكنني لا أرضى بذلك ،ألجأ إلى التفاوض معك
they were just basically dependent upon the petro dollar would be smart if they took the dollars and convert it into local saudi currency and brought out Saudi Aramco that way haha.
@@LogicallyAnswered they got so much money that they are not at all thinking about what will happen in the future or reinvestment into futuristic ideas…..btw by the amount of hard-work u put i see your channel going to a million subs in near future✊..gud luck mate😊
But it doesn’t make sense the Americans sold unless they were coerced. And I think the developing world is in no rush to transition to renewables and expensive EVs. And that is where world growth will be next.
You got all the names mixed up my man. Abdul Aziz is not their family name or dynastic name. Abdul Aziz Al Saud is the founder of the modern Kingdom of Saudi Arabia and the father of all Saudi Kings since then. The family is known as Al Saud, the name you should have used at the beginning of the video when talking about the rise of the Saudi dynasty. And also there is no name such as "ibn", it simply means "son of". The man you called ibn is actually Abdul Aziz Al Saud. When searching for information on a topic you should atleast get the names right. It's not even complicated. A quick google search would fix this confusion.
Well if u own any middle eastern oil company shares then it would be wise to sell of your shares in the upcoming years as the world is transitioning from fossil fuels to renewables and these companies are currently not taking renewables seriously and most importantly as the consumption of oil would decrease because of the shift to renewables the price of oil per barrel would inevitably decrease because of less demand and relatively same supply
@Elite FF Squadron - Not a chance, first the world has to get the shock of its life when their dependence on renewables backfires and there is massive economic damage. California faced this when during peak summer they were having power shortges after going hard at renewables. Britiain is currently facing the same due to lack of wind power generation and they had to pay mind boggling sums to its last coal power plant to keep operating. The point is, the world has not learnt its lesson. There is no strategic plan to move from fossil fuels to renewables. This will bring untold misery when renewables fail. Then there will be a massive call for fossil fuels again and then an ecofriendly support system will be made (over god knows how long) and only then will the world move to renewables fully. Also i sincerely doubt the renewables will be solar, wind etc that you see now. It will be reactor based, exotic materials type thing. The ecological impact of solar and wind will not allow it to be sustainable.
Saudi Aramco is diversifying it’s income. And is slowly stepping away from its dependence on Oil. I am Saudi and I see the efforts that my countries is putting into diversifying it’s income. Saudi is working on strengthening it’s position as an energy super power by dominating the domain of renewable energies. Everything is progressing smoothly one step at a time according to the plan.
@@Jolmood BS. Your country is trying to diversify? What a joke. Become a leader in renewable power as per plan? What a load of crap. You depend on others even for food and think you can be leaders in anything.
You mean this is like a 2 trillion dollar cash washing machine? Lol I heard their next tallest in the world skyscraper will be built entirely from 100$ bills! 😂
Are you seriously saying king ibn? LMAO. Bro, ibn means "son of". We have different naming standards in different part of the world, man. Just do a google search before you write these.
IF YOU WANT TO BE SUCCESSFUL HAVE THE MINDSET OF THE RICH, SPEND LESS AND INVEST MORE. DON'T GIVE UP YOUR DREAMS.
@Emmanuel Ransom Mr Jay pelle FX, is a professional broker, a forex trade tutor and a person who understand exactly what the market is saying.
@Mellitus Osinachi Mr Jay pelle FX is obviously the best, I invested $5,000 and he made profit of $28,000 for me just in 15days.
Bots having conversations… I’m scared
Rich people don't all spend less. That's what poor people think about rich people. To become rich you must have an abundant mindset. And when it's the case, you spend more and then you attract more
Saudi Arabia 🇸🇦🔥🔥🔥🔥
The first time I told my wife that i was investing in forex trade, she was angry and told me that I will lose all the money I invested in it
Now she is happy with what I'm earning from binary options
@@starlove9762 Lol she has to be happy most women are scared to take risk..
Forex trading is only risky when you choose to trade on your own without the guidance of a professional
@@agnesyakubu2334 Pls how can i contact your trader
Ibn means son in Arabic, it's weird when he said ibn(son) becomes roler of the area 1:45.
Anyway great video so far.
Ah ok hahaha, oops my bad
Was confused at first glance actually thought it was the name🤣
@@LogicallyAnswered His name is Abdulaziz, not Ibn. The Saudi Royal family is called Al-Saud, not Abdulaziz.
@@majeed9330 He isn't aware that there are different naming conventions in the world.
@@LogicallyAnswered don’t worry. You did a great job 👏 We understand the confusion. Because in Arabic we call people by their father’s name.
Example:
English - Son of (insert father’s name).
Arabic - Bin/Ibin (insert father’s name).
Hopefully I don’t come back in a year hearing “US debt to gdp ration is *ONLY* 140%” haha. This is sad.
It’s ratio not ration. Also 140% debt to earnings isn’t that bad albeit lower is better. Ever purchase a $1 million home on a $100k salary? Banks allow you to pay payments the same way bonds allow countries to make payments, as long as the credit is good, there is little fear for a balloon payment.
Although national debt is looked publicly as a negative, most if not all economists will agree that having some level of debt to be good. Especially if growth and natural inflation devalues the debt. Though... 1/3 of the current debt is caused by Republicans and Trumps stupidity and failures during the start of covid. Basically, we would have a lot less debt if there wasn't a pandemic and I attribute the pandemic spreading in the US to the Republicans.
@@UnknownUnknown-hg7xg
What happened if you can't pay your monthly rent?😁
@@oneviwatara9384For you, you will get evicted and your credit will tumble into worthless. For the U.S.A they can print their own money and accrue higher debts as long as the dollar is the primary currency of the world and their GDP continue to grow.
@@UnknownUnknown-hg7xg
Sure you can keep on printing more money to keep things going for another decades after that everything will change for the worst for US economy.
bro, you didn't waste a single min on some jargon. every sec of the video is engaging and informative. TQ
At 6:43, why you didnt mention that the shortage was due to blockage of oil production from saudi to US as King Faisal was upset from US as they were supporting Israel
He should have said that,may allah put faisal in heaven with no punishment,
الله يرحم الملك فيصل
Exactly, weird that he didn’t want to mantion it
The Dutch East Indian Company was the first to hit a trillion.
Yea by colonizing other countries
@@jnimitzch4738 Well yes, those thing are not to be admired. You have terrible morals.
@@jnimitzch4738 Whataboutism at its finest.
@@jnimitzch4738 woah-- easy there boy, grammar is not a strong suite for an academician of your caliber, is it now?
VOC
great news about aramco . now a days the large area of ksa is under construction aramco site RUB AL KHALI . big quantity oil and gas place near the yemon border .
First Companies To Hit 1 Trillion Value:
1. Dutch East Indian Company in the late 1600s
2. The Mississippi Company in 1690s - 1710s.
3. South Sea Company in 1720 - 1750s.
4. Standard Oil Company in the 1905.
5. Sadio Aramco current.
Tesla soon
@@hahahahahhahah8527 yup
Sadio Mane
@@hahahahahhahah8527 Tesla is a big bubble company. Its just the hype around elon musk that makes tesla stock Go crazy
What's Sadio?
When on my video about NEOM the 100 mile long city I shocked to know how big Armco is.
Proud to be Saudi Arabian
Why? You people had nothing to do with the discovery.
Buisness insider : too much facts
Buisness casual : too much documentary
Logically Answered: the best
Thanks Shachi!
Ist more Allahs will
facts
so basically, the Western nations supporting Israel is no different than when Western power supporting East Berlin.... it was to secure and maintain possible future economic gain and masking it as "establishing a "free" land", clever but really morally vicious
@z y'all two on some weird ass drugs 1. the west didn't support east berlin, but an enclave in Berlin, probably same goal, but still a difference. 2. Worshipping the devil? idek
Yes
@@lennartjakob ah yes YALL
we protect the jews because of Adolf Hitler. Doesn't take a rocket scientist to figure out that tons of idiots are racist still. Just saying.
But the thing is Israel needs to be a lot larger. Most of their land has been snatched by outsiders and their people forcefully converted.
Oh boy, I love this channel!!!!!!!!!!
Investing is buying yourself a better future you don't have to work hard again.
You can say that again.
I have archived many things in my life since I started investing.
@Daniel Martinez I'm into real estate investing.
Real estate investment is hard, it requires huge amount of initial investment, personal effort and time.
@@andstewart9982 I hate motivational speakers. 😒
I am from Ghana but currently working in Saudi Arabia in an oil company called PRC, PetroRabigh Oil Refinery Company.
These people born on a deserted land or almost a dead land and reaching this peak of advancement, development, progress and growth is very very admirable.
They deserve the best that the universe can offer.
I pray that my country Ghana who has also started mining oil since 2008 will learn from Saudi Arabia and use the oil as an opportunity to take charge of the country's future.
I pray we don't end up like Nigeria who's oil has turned into a curse instead of blessing.
God bless Ghana, God bless Saudi Arabia because being has helped me to feed my family.
A'Sallamualeikum🙏🏿
Aramco gives a lot of benefits to its workers. They cover around 75% of my boarding school tuition. 😎
hey rich fella, send sum riyals XDXD
@@warrenarnold only usd 😕 😞
@@elapsingcat8657 jeez, my boy you are balling😂 kenyan shillings here. 😂😂 Africa we are dying of hunger and disease, put us in prayer 🙏
Being a saudi & employee of Aramco, most of the information are wrong. Saudi owned 50% from the start. & saudi are not happy that American partner with Israel to attack Arab countries
Abdulaziz is his first name.
Ibn means son, son of.
Ibn Saud is the family name.
Oops my bad
@@LogicallyAnsweredDon’t worry about that it’s a different culture than yours, We all makes a mistake and great video it’s quite interesting to know a lot about the Saudi ARAMCO.
Abdul aziz father was also has role in conquering saudi Arabia, he is abdul Rahman alsaud
Great video and good timing 2 days before the Saudi national day. 😉
Me looking at this right now with America’s debt just growing and growing..
ruclips.net/video/aBEodsVEqW4/видео.html
Maybe Americans should work with Saudis more toward solving economic and social issues in the US.
One of the best videos on Saudi Aramco
Thank for all the information. It’s very knowledgeable
Bro just a quick tip, Ibn means 'son of' it's not a name, it's a title. Same as having Abu in a name means 'father of'
Ah ok, my bad oops :)
Abu means 'father of'. Ibn means 'son of'.
Could you please take a couple of names and show us how to interpret the naming convention? I have always been curious how the middle eastern naming works. If possible, also share what bin, al, and Ur mean.
@@roman5782 osama bin laden; his name is osama, laden is his father's name and bin is son of.
@@aircommandslipperz Oh, thanks! So, that means bin and ibn are interchangeable then?
good video
8:35 Excellent work !! Best explanation of Saudi Aramco.....
🕉️Har Har Mahadev 🕉️🇮🇳
you always putting out the quality content, have my well deserved sub, sir!
You didn’t do your homework for this episode
A lot of the informations are wrong
For example the king name is Abdalaziz not Ibn
Literally nobody cares what his name is
2trillion is under valued people doesn't , know ,only 60% , I hope I could afford it's stock 🥰🥰 love to become part of it
Do you have 2 Trillion?
@@DuragKing stocks are usually cheaper than the company itself. Apple stock is 700ish dollars,
The company itself, worth billions
@@nukiradio apple stock isn't 700ish lol, and the company is worth trillions.
Apple stock atm is at 149 bearish, mkt cap of 2.7t
Saudi Aramco Stock is not expensive, it is traded in TASI (Saudi exchange Index) for 32 SR. Something around 8.5 USD per share, though the movement of stock is so heavey due to number of stocks available, worth to mention that they have 4 years agreed dividend for stocks holders since IPO
I REALLY ENJOY YOUR CONTENT!🔥🔥🔥
Please kindly tell , from where do you get this knowledge ??
All my resources are in the description
Just a few corrections,
1. The royal family is mot the Abdulaziz family. It's the Saud family (as in Saudi Arabia)
2. The person who restored power to the house of Saud is named Abdulaziz ibn Saud. (ibn is not a middle name, it means son of)
Dude Have not words for your videos
فوق هام السحب .. 💚🇸🇦
Excellent 👍👍👍
Simple they bought it with the gas money that we pay them. Funny how Canada has the third largest oil reserve in the world, yet we pay a foreign nations to get oil and refine it when we could be giving this money to Canadian companies that will benefit Canadian families.
are you canidian?
@@KhalidAlharbi67 Yeah man and we are paying very high gas prices, higher than countries that don't have oil at all. We have 1800 working oil wells, 3rd largest oil reserve in the world, And we have several refineries that export to several countries. And after all of that we are paying more than countries that don't have oil at all. I blame our Prime Minister, anti Canadian thug who is colluding with the oil cartel to limit the supply to Canadians. So he can charge more for gas and steal money from Canadian families. Our leader belongs in jail.
@@spaceman4294 I heard that extracting oil and gas in Canada is very expensive unlike my country Saudi Arabia. It is about 6$ to 15$ in the kingdom but around 60$ in Canada. Maybe that’s why oil prices in your country are expensive. Correct me if I’m wrong.
@@KhalidAlharbi67 Man Canada has 1800 working oil wells. They are lying to us saying it's expensive to get. Oil companies and the government are purposely limiting supply of oil to make more money.
Canadians are known to be very dim. However they are very good people 😅😅😅
The 2014 oil price crash was engineered by backroom quantitative easing into the U.S. fracking industry incentives, co hiipled with the U.S. lifting its ban on oil exports
make video on also abu dhabi. great topic bro
Nice video
Great video!
I'm proud to be Saudi 🇸🇦
Thanks for watching Saud!
good planning and execution
superbbb piece of documentary
even a modern picture looks old in a BW filter 😂😂 6:43
I think people think that because of electric cars Middle East countries will be out of business but what people don't realise is that there are other things too that uses fuel.
What do you think?
Yeah I agree, I don’t think oil industry is dead by any means. But I do think ice vehicles are on their way out.
Yeah, people forget that
Saudi Arabia and other oil-exporting countries would have a balance of budgets crisis. Sure oil wouldn't become redundant, but it would be undervalued so much that it would force these countries to actually begin working.
Who said oil was exclusively used for cars?
It’s all about margin. You cannot charge premium if your product is not essential anymore. Gasprom was most profitable at 2012 I guess. Where is it now?
Some facts here are loose, such as the 2030 Vision. It was introduced in 2016, and the spending started from 2017 to diversify the economy, the current debts are relatable to this kind of spending, it is not that we just realized that we had much debts in 2020. Moreover, Saudi Aramco was never solely owned by the Americans, and there is no documentation of such circumstance, it was always a joined venture until it was solely owned by Saudi Arabia. Furthermore, the new airline that was shown in the video was initiated by king Abdullah, the former king of Saudi Arabia, before the whole vision and investing in entertainment. Overall, very well for a western guy to try to relate :)
Great job correcting some of the info in the video, though, the "try to relate part" was not necessary.
السعودية بلاد ☝☝التوحيد 🇸🇦🇸🇦🇸🇦🇸🇦
Saudi Arabia to the Future!! greetings from Mexico
Dutch East India Company was the first in the whole world to reach 7 Trillions Dollars
Hello viewer from Saudi Arabia here :)
He's not king IBN.
The royal family here is called Al Saud, and the king who reunited the kingdom and established the third saudi kingdom is called Abdulaziz
So its Al Saud family and the founder and the first king is Abdulaziz Al Saud
Ibn literally means "son of" in Arabic
Oops, my bad
They didn’t buy a two trillion dollar company. The title of this video is so misleading. They bought a portion of the company in the 70’s which was worth far far far far far less…
Fair enough
I still love you though 😘. Also mad respect, most content creators would have ignored that comment, but you sir are full of integrity. That’s why subscribe, you seem like a chill dude.
btw, IBN means SON OF , for example Ibn Sauod means the son of Saoud, therefore you can't just say Ibn Did so and so alone because in this way you are not referencing to the intended person. it is just like u r saying son of did reclaim Riyadh in ...etc.
Oops my bad
@@LogicallyAnswered your content is so good man, keep it up.
They actually made it and now it's worth 4.3 trillion $ and they collaborated with a American company and then that company resigned from there share and then in 1946 and then it was almost fully owned by the Saudi government and so ye thats the story
Hello fake F.B.I. account
his name is not IBN !!
I just couldn't continue to watch
It’s the al saud royal family not abdulaziz family and ibn saud is his name but his name is abdulaziz you got that very wrong
There economy is so great that some countries like dubai don’t have income tax and there cities are made just in some decades which show there prosperity and wealth. And this video amazing “oils “ my brain 🧠.
Great video 👍🏻
They’re definitely quite wealthy, but I’m not sure if I would say they have a great economy due to their strong reliance on oil.
@@LogicallyAnswered yup that is a big problem, since countries are converting to electric vehicles and appliances, this generally isn’t a great thing for there economy.
Their economy is neither great nor sustainable.
@@neeljavia2965 hmm ....... ya in now a days
@@LogicallyAnswered newspaper headlines in 2030 ........... mission mars ( elon musk ) vs vision 2030 ( Saudi Arabia) yup a great video topic indeed 😂😅
I could swear I've seen this here already! Binge watcher here. Watching again anyway! :)
Thanks Miguel!
I like your videos.
But, I have an advice.
Can you add subtitles like you added at some videos?
Because RUclips subtitles are ugly!😂
Sorry man, I do input the script into each video. But unfortunately, RUclips only syncs it up half the time.
By the way, there is no name by "Ibn" in Saudi Arabia. His name is King Abdul Aziz (may his soul rest in peace).
this was there in news paper 3 yrs ago so if you want advise rely on news
His name isn't ibn. Ibn means son of [name]
Oops my bad
please also make an video about the growth of the Gaming Industry would reaaly love it if you did it
Hi, is there anyone here in India? How can we invest in this company? Any fof or any fund?
You can always invest cause that's the best thing I learnt when I visited Saudi to keep investing and it has been good okay
1:45 Ibn literally means "son of" cant use it like that
Oops my bad, I don’t speak Arabic
Bravoooooo princ muhammad.bravooooooo.
$2T valuation is debatable because if you look at the publication of their reserves... They have not changed in years now
صحتين على قلبك ،طال عمرتش ،لازم تحصل على اكثر من ذلك المبلغ ،لكن اريد ان اسالك سؤال ،كم صفر يوجد على يمين الواحد ،ولو حذفنا الواحد كم يبقى الرصيد (امزح ) هل ترى أن الواحد مثلي له تأثير، يعني كان بإمكاني أن احذفك من السعوديه ،لكنني لا أرضى بذلك ،ألجأ إلى التفاوض معك
His name is King andul-Aziz not “king ibn”
Ibn is Arabic language for "son of".
Wrong information, there is no king ibn in Saudi Arabia history, ibn in arabic means son , please check your information before making a video on it.
Daniel Plainview: I drink your milkshake!
they were just basically dependent upon the petro dollar would be smart if they took the dollars and convert it into local saudi currency and brought out Saudi Aramco that way haha.
Did mention a lot of outside croption was involved thank to Saudi Arabia pulled its self together
aramco is also buying RIL…indias second largest company..
Ah I see, with all the money they have, they can buy anything hahaha
@@LogicallyAnswered they got so much money that they are not at all thinking about what will happen in the future or reinvestment into futuristic ideas…..btw by the amount of hard-work u put i see your channel going to a million subs in near future✊..gud luck mate😊
Have you heard of vision 2030? It’s just in the beginning stages, but they are trying to diversify.
Just confused, if they have so much money then why r they getting loans??
But it doesn’t make sense the Americans sold unless they were coerced. And I think the developing world is in no rush to transition to renewables and expensive EVs. And that is where world growth will be next.
Yeah, I don’t think they really had a choice
To answer your question: no, I do not think 2T$ is a correct valuation given the currrent trend towards renewable energy.
how bout now?
Aramco just announced they made a 50 billion dollars in profits just this second quarter alone
King ibn? Wtf lmao in English you’re saying king son, his name is actually king Abdulaziz ibn (son of) Saud
Allowing the government of a state their right over their resources is not called bending over.
ruclips.net/video/aBEodsVEqW4/видео.html
Saudi Aramco ($2T)
I learned this 3 years ago
This is the people money not the government!
Ethereum is the Aramco in srypto Boss
the simple answer for the title
"with a trade something agree upon"
His name is king abdulaziz not “ibn”
It’s King Abdulaziz not King Ibn..
9:07 That's squeezed Olive Oil 🤣
So basically Saudi Arabia didn’t let Americans take control on their oil, good for them
You got all the names mixed up my man. Abdul Aziz is not their family name or dynastic name. Abdul Aziz Al Saud is the founder of the modern Kingdom of Saudi Arabia and the father of all Saudi Kings since then. The family is known as Al Saud, the name you should have used at the beginning of the video when talking about the rise of the Saudi dynasty. And also there is no name such as "ibn", it simply means "son of". The man you called ibn is actually Abdul Aziz Al Saud. When searching for information on a topic you should atleast get the names right. It's not even complicated. A quick google search would fix this confusion.
Then what about east India company
they were the richest company in the world, bigger than aramco, apple, microsoft, amazon
How did I know
قولوا ماشاء الله 😗
King ibn?!
Ibn??! Really you can’t even check his actual name? Smh
but did you know (you missed the "you" in your phrase)
Well if u own any middle eastern oil company shares then it would be wise to sell of your shares in the upcoming years as the world is transitioning from fossil fuels to renewables and these companies are currently not taking renewables seriously and most importantly as the consumption of oil would decrease because of the shift to renewables the price of oil per barrel would inevitably decrease because of less demand and relatively same supply
@Elite FF Squadron - Not a chance, first the world has to get the shock of its life when their dependence on renewables backfires and there is massive economic damage. California faced this when during peak summer they were having power shortges after going hard at renewables. Britiain is currently facing the same due to lack of wind power generation and they had to pay mind boggling sums to its last coal power plant to keep operating.
The point is, the world has not learnt its lesson. There is no strategic plan to move from fossil fuels to renewables. This will bring untold misery when renewables fail. Then there will be a massive call for fossil fuels again and then an ecofriendly support system will be made (over god knows how long) and only then will the world move to renewables fully. Also i sincerely doubt the renewables will be solar, wind etc that you see now. It will be reactor based, exotic materials type thing. The ecological impact of solar and wind will not allow it to be sustainable.
@@Merloc909 Ok boomer.
@@neeljavia2965 Get a life man. Go do something productive instead of hating in a RUclips comment section 🤡
Saudi Aramco is diversifying it’s income. And is slowly stepping away from its dependence on Oil. I am Saudi and I see the efforts that my countries is putting into diversifying it’s income. Saudi is working on strengthening it’s position as an energy super power by dominating the domain of renewable energies. Everything is progressing smoothly one step at a time according to the plan.
@@Jolmood BS.
Your country is trying to diversify?
What a joke.
Become a leader in renewable power as per plan?
What a load of crap.
You depend on others even for food and think you can be leaders in anything.
You mean this is like a 2 trillion dollar cash washing machine?
Lol I heard their next tallest in the world skyscraper will be built entirely from 100$ bills!
😂
UAE & Saudi are two different countries.
@@PriyaSharma29 I’m glad you figured that out!
yup it was the voc not saudi aramco not anything modern
they have again new project which cost 110b usd.. they will be the 2nd largest natural gas producer in the world
في عرب هنا ولا بس انا 😂🤦♂️
Are you seriously saying king ibn? LMAO. Bro, ibn means "son of". We have different naming standards in different part of the world, man. Just do a google search before you write these.
Can you please speak a little clear
Ibn = son
Ibn Saud = son of saud
Mohammad ibn Salman = Mohammad son of Salman