Low energy prices sting Aramco profits and squeeze Saudi development plans
Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on ...
Low energy prices sting Aramco profits and squeeze the Saudi kingdom’s development plans
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
Middle Eastern bourses end mixed, Aramco drags Saudi
Stock markets in the Gulf ended mixed on Tuesday as new U.S. tariffs threatened to escalate global trade tensions, while ...
Most Gulf markets in red on global trade war fears, Aramco weighs on Saudi
Most stock markets in the Gulf fell in early trade on Tuesday as new U.S. tariffs threatened to escalate global trade ...
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Saudi Aramco profits drop 12 percent on lower prices, volumes
Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom ...
Aramco Trims World’s Biggest Payout in Blow to Saudi Budget
Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving ...
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut. Lower oil prices hit ...
Saudi Aramco Cuts Dividend 30% as Oil Profits Plunge
Oil giant Saudi Aramco, which is majority owned by the Saudi Arabia government, has announced that it is cutting its dividend payout this year ...
Saudi Aramco profits fall 12% as oil prices drop
Saudi Aramco, the world’s largest oil company, reported a 12 per cent drop in profit in 2024 and cut its dividend in a blow to Saudi Arabia’s increasing budget deficit.
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Saudi Aramco Slashes Dividend as Profit Dips on Lower Oil Prices
Aramco reported a drop in 2024 profits and announced a 30% reduction in total dividends for 2025, impacting Saudi Arabia's ...