Aramco appoints Egyptian economist as advisor before promotional week

Saudi Aramco, the world's largest oil producer, has appointed Mohamed El-Erian, chief economic advisor of Allianz, an unofficial advisor prior to its global promotion.

Aramco is launching its global promotion this week for the first ever bond offering and is expected to reach $ 10 billion.

The Saudi conglomerate is meeting investors in Europe, Asia and the US throughout its promotional week.

Muhammad al-Arian, born in 1958 of Egyptian parents, and his father Abdullah al-Arian, were a law professor and judge at the International Court of Justice.

Al-Arian is an expert in finance and economics, an international lecturer, a university degree in economics from the University of Cambridge, and a masters and doctorate in economics from the University of Oxford in the UK -United.

Prior to becoming a private sector employee, he worked for 15 years at the International Monetary Fund in Washington, DC, where he held various positions in government and international institutions, including the US Treasury at the International Research Center. at the Peterson Institute and the Cherry Carnegie Endowment for International Peace.

Source: Reuters