Companies announce first quantum computer in the Middle East dedicated to industrial applications Technological milestone will accelerate development of quantum applications in the energy, materials ...
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 ...
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Growth or Dividends, Aramco May Have to Choose
Aramco payouts are expected to drop roughly 30% from 2024 levels, creating a potential $40 billion gap for Saudi state ...
Aramco said it expects total dividends for 2025 of $85.4 billion — a significant fall from 2024's total of $124.2 billion. Lower oil prices hit the company's income last year, with net profit falling ...
The oil giant cut its dividend to balance shareholder payouts with rising capital investments amid lower crude prices and evolving market conditions. Saudi Arabian Oil, better known as Aramco, is ...
Saudi Aramco, the world’s largest oil exporter, has narrowed its capital expenditure guidance for this year to between $48 billion and $52 billion as it stays on track with sizeable upstream expansion ...
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