Saudi Aramco announced the creation of a new organizational development management organization aimed at improving the company's portfolio.

According to Reuters, Aramco said in a statement that the new regulation will create more value for the company and provide a faster mechanism ... with the aim of enhancing the company's flexibility and ability to respond Market developments ... and optimization of the company's assets in order to reach our business portfolio to the optimum level.

She clarified that Abdul Aziz Muhammad Al Qadimi, Senior Vice President, will take over the management of the new organization from September 13th.

(Amazon fun knowledge)