Saudi Aramco beats Apple to become world’s most valuable company

12 May 2022 - {{hitsCtrl.values.hits}}

Saudi Aramco has become the world's most valuable company, a position that was held by Apple.

Saudi Aramco topped the list as the most valuable company in the world after the recent increase in oil prices. The oil price surge boosted the energy giant this year.

Data from Refinitiv show that Aramco's worth at present is US$ 2.43 trillion, whereas Apple stands at US$ 2.37 trillion.

Business

Saudi Aramco beats Apple to become world’s most valuable company

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