Saudi Aramco has officially taken back the number 1 spot as the most valuable company in the world putting Apple Inc. in second place

 

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Saudi Aramco is currently worth around $2.43 trillion, while Apple fell a little behind with $2.37 trillion. Although Apple previously held the number one spot, the company’s shares had recently seen a decline.

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The company had claimed that the rebound from COVID-19 has caused the increase of sales and revenue

The company experienced a 124 percent net profit surge just last year. This is amazing news and definitely something Saudi’s should be proud of!