Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up to invest in ...

The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.

Saudi Aramco reportedly is close to a deal to raise ~$10B from a group led by BlackRock that has been set up to invest in 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, 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: 2024 TIME100 Most Influential CompaniesBig Oil often suggests ExxonMobil or Chevron. But Saudi Arabia’s $1.9-trillion giant dwarfs all its competitors, pumping nearly 1 in every 11 ...

Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.

Saudi Aramco’s generous dividends can only go so far in making up for an overpriced initial public offering. The Saudi Arabian national oil company will sell shares worth up to $12 billion in an ...

Aramco said its second-quarter net profit beat market estimates, and that it planned to pay $31 billion in dividends to the Saudi government and its shareholders.

DUBAI, United Arab Emirates — Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing ...

Saudi Aramco (Aramco) has sustained hefty payouts to its investors, including the country’s government which owns 90 percent of the oil giant, despite a sharp slide in profits.