Saudi Aramco topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares clocked up the second day of gains, defying some skepticism about the state-owned oil firm’s long-term value. Amin H. Nasser, President, and CEO of Aramco, attends the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s stock market, in Riyadh, Saudi Arabia, December 11, 2019. Saudi Aramco Website/Handout via REUTERS The Saudi Crown Prince has made Aramco’s initial public offering (IPO) the centerpiece of his vision of diversifying the Kingdom’s economy away from its dependence on oil by using the $25.6 billion raised to develop other sectors. But that is well below his plan in 2016 to raise as much as $100 billion via a blockbuster international and domestic IPO. Riyadh scaled back its plans after […]