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Former House GOP leader praises Saudi Arabia's ‘bold transformation’

Natasha Turak

The Virginia Republican, who served in Congress for 13 years, now helps lead the international investment bank Moelis & Company as its vice chairman. The bank is the sole independent advisor on Saudi Aramco's IPO (initial public offering), the highly anticipated public listing of Saudi Arabia's state-owned oil giant, estimated to be the most valuable company in the world at more than $2 trillion. Former congressman and House of Representatives majority leader Eric Cantor had good things to say about Saudi Arabia while speaking at the ADNOC Downstream Investment Forum in Abu Dhabi Sunday.