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Aramco, Saudi oil

Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues.

Reuters · 1d

Saudi Aramco reports 15% drop in Q3 profit but maintains dividend

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins but still maintained its generous dividend at $31.1 billion for the quarter.

Hosted on MSN · 1d

Saudi Aramco Profit Falls on Refining Weakness

The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.

Bloomberg L.P. · 1d

Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps

Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening the kingdom’s budget deficit, or keep borrowing to maintain the payout.

moneycontrol.com · 1d

Saudi Aramco third-quarter profit drops 15%, holds quarterly dividend at $31 bn

Aramco posted net income of 103.37 billion riyals ($27.52 billion) in the three months to Sept. 30, beating a company-provided median estimate of $26.9 billion

China to issue 1st dollar bond in 3 years in Saudi Arabia

Markets Insider on MSN · 23h

The financial ties between China and Saudi Arabia keep getting deeper

China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.

South China Morning Post on M… · 14h

China’s issuance of US dollar bonds to bolster ties with Saudi Arabia

The planned issuance of US dollar bonds in Saudi Arabia by China’s Ministry of Finance is a “practical” move by Beijing to establish fundraising channels offshore and strengthen bilateral ties with a strategic partner,

Cryptopolitan on MSN · 15h

China to issue $2 billion of dollar bonds in Saudi Arabia

China’s Ministry of Finance disclosed that it would sell $2 billion in dollar-denominated bonds in Saudi Arabia next week upon the state council’s approval. The Asian country’s MOF also added that details of the issuance would be announced separately.

Saudi King, Crown Prince Congratulate Donald Trump On Election Win: Report

Saudi Arabia's King Salman and his son, de facto ruler Crown Prince Mohammed bin Salman, congratulated Donald Trump on his ...

1don MSN

Saudi Bourse Plans to Dial Up M&A Amid Capital-Markets Push

Saudi Arabia’s stock exchange operator is eying mergers and acquisitions as a means to broaden the kingdom’s capital markets ...

1don MSN

Saudi Arabia’s Red Sea Film Festival Highlights Local Productions Depicting Social Change in Arab Galas Strand

Saudi Arabia's Red Sea Film Festival has announced its Arab Spectacular section, which is focused on launching new local ...

Saudi non-oil business activity lifted by faster new order growth in October, PMI shows

The pace of growth in Saudi Arabia's non-oil sector continued to accelerate in October, lifted by the fastest growth in new ...

4don MSNOpinion

Why Saudi-Israeli relations will likely still happen — despite the presidential election’s outcome

Are Israel and Saudi Arabia edging closer to normalization — despite the regional conflict and regardless of the US ...

The Washington Post on MSN2d

As regional violence rages, Saudi Arabia pitches itself as investment hub

The summit in Riyadh, known as the Future Investment Initiative, allowed the kingdom to showcase its ambitious plans to ...

23hon MSN

Google is opening an AI hub in oil-rich Saudi Arabia

The new AI hub will support research into Arab language AI models and “Saudi-specific AI applications,” according to an ...

Daria Kasatkina, previously wary of tennis in Saudi Arabia, will play in Riyadh Tour Finals as alternate

The Russian said she had received "assurances" about the welfare of players from the LGBTQ+ community earlier this year.

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Aramco, Saudi oil

China to issue 1st dollar bond in 3 years in Saudi Arabia

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