Via Matthew Martin in bloomberg.com: Saudi Arabia is planning to sell more stakes in state-owned oil producer Saudi Aramco as it looks to raise money to fuel an economic diversification plan, chairman Yasir Al-Rumayyan said. The kingdom, which raised nearly $30 billion last year from Saudi Aramco’s initial public offering in Riyadh, is planning to sell more of its stake in the world’s biggest oil producer, Al-Rumayyan said in an interview with Carlyle Group Inc. co-founder David Rubenstein. Potential future share sales could be held outside Saudi Arabia, he said.
