Saudi Arabia’s state-run oil company Saudi Aramco has announced a new financial first for the giant: it will hold its very first earnings call in August revealing to the world its H1 2019 results, according to Arabian Business . Aramco first shed some light on a few of its financial figures that have been shrouded in secrecy forever. In January Aramco shared its independent audit results of its massive oil reserves. A few months later, Aramco shared its bond prospectus that revealed its staggering 2018 profit figure of $111 billion, making it the world’s most profitable firm—if the figure provided is accurate. Saudi Aramco’s privacy in relation to its financial information came to light when it announced it would publicly list a portion of its company on a stock exchange to be named later. However, the lack of transparency in its data has proven to be a solid stumbling […]