Aramco executives say Saudi reform plan will boost company

Executives at state-owned oil major Saudi Aramco said the economic reform plan announced by Saudi Arabia's powerful young prince on Monday would fuel growth by boosting existing company initiatives and attracting new capital. Chief executive Amin Nasser said in comments posted on the firm's official Twitter account that the plan will be a "major boost" to initiatives including the renewable energy program. The IPO will attract new capital to diversify the kingdom's economy and increase global co