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Saudi Aramco, long known for stable payouts, slashed its dividend by 30%, signaling financial strain and shifting priorities. Since its 2019 IPO, Aramco has significantly underperformed both ...
Saudi Aramco, the biggest oil company in the world, largely owned by the Saudi state, slashed its dividend by 30%. The company divides its dividend into a base dividend and a variable dividend ...
il giant Saudi Aramco on Sunday reported a drop of 4.6 percent in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom's ambitious economic ...
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday (May 11, 2025), down 4.6% from the prior year as falling global oil prices undermine the kingdom ...
Gulf News archives Riyadh, Saudi Arabia: Oil giant Saudi Aramco on Sunday reported a drop of 4.6 in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the ...
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...
Saudi Aramco, the world’s largest oil exporter, reported a near 5% drop year-on-year in its net income to $26.01 billion for the first quarter of 2025. Aramco had reported a net income of $27.3 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Aramco reported a fall in first-quarter profits, resulting in a $10bn cut to its dividend and ...
Aramco's first-quarter profits declined by 4.6% to $26 billion due to falling global oil prices, impacting Saudi Arabia's ambitious development plans. Despite a slight revenue increase to $108.
Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term. Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of ...
[Stay on top of transportation news: Get TTNews in your inbox.] Saudi Aramco plans to spend $3.4 billion on its Motiva refinery in Texas, the largest fuelmaking plant in the U.S. The Saudi oil ...