Saudi Aramco reports a 3.4% decline in profits due to lower crude volumes and refining margins but maintains its dividend payout at $31.1 billion, highlighting its financial resilience.
Vision 2030
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Saudi Arabia is testing investor appetite with a new share sale for its state-owned oil giant Aramco. The move aims to raise up to $13.1 billion and broaden the company’s …
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Saudi Arabia achieves a significant milestone as non-oil revenue reaches 50% of its Gross Domestic Product (GDP), marking a pivotal shift in the kingdom’s economic landscape. This remarkable development underscores …