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ARAMCO FINANCIAL RESULTS
Global Market Update | Saudi Aramco unveils $3 billion maiden buyback; annual profit falls 12%Saudi Aramco, the world's top oil exporter, saw profits fall 12% due to lower crude prices. The company announced its first-ever share buyb...
SpaceX weighs June 2026 IPO at $1.5 trillion valuation: ReportSpaceX is reportedly considering a mid-June IPO, aiming to raise up to $50 billion at a $1.5 trillion valuation, which would make it the la...
Saudi Arabia's capacity U-turn was months in the makingSaudi Arabia reverses oil expansion ambitions after concluding that spare capacity is sufficient for market supply during crises. Investmen...
High oil prices help Saudi Aramco earn $88 billion in first halfAramco's net profits were helped by strong second-quarter earnings ending in June that hit $48.4 billion - a figure higher than all of the ...
Saudi Aramco sees third-quarter income rise to USD 30.4 billionSaudi Arabia's majority state-owned oil giant Aramco, formally known as the Saudi Arabian Oil Co., said its net income more than doubled fr...
Saudi Aramco's debt-to-equity ratio more than doubles in 2020Saudi Arabian oil giant Aramco's net debt-to-equity ratio more than doubled to 55% in 2020 from 26% a year earlier, the company said in a f...
Reliance Industries seeks a new legacy for an old warhorseThe format is quite similar to the Jio Platforms structure wherein the proceeds from stake sales were used to deleverage the consolidated b...
Reliance spins off oil-to-chemical business unitReliance for the first time reported integrated earnings of the O2C business in its third quarter financial results. Previously, refining a...
Major Gulf stocks track global rally on hopes of virus vaccine by year endDrugmaker Pfizer Inc said on Friday it could have a coronavirus vaccine ready in the United States by the end of this year.
Expect RIL-Aramco deal to happen by end of this year: Deven R Choksey‘Jio is collecting money from very strategic and focussed investors’
Drones, delays and disputes: Aramco’s rocky road to $2 trillionHere’s how the world’s biggest IPO unfolded.
Aramco tells IPO bankers it made $68 billion in 9 monthsThe company has pledged to pay a dividend of at least $75 billion next year.
Moody's says Reliance stake sale to Aramco credit positiveRIL expects that the transaction will close before March 2020.
At $111 billion, Aramco made more profit than Apple, Exxon and Shell put together last yearSaudi Aramco said its net profit in the first half of 2019 rose to $46.9 billion.
Aramco deal may add 8-10% to RIL stock’s target priceIn fuel marketing, the company has given 49 per cent stake to BP for Rs 7,000 crore.
Aramco's big reveal: What we learned about the Saudi oil giantSaudi Aramco was assigned the fifth-highest investment grade rating at both Moody’s and Fitch Ratings.
Saudi Aramco announces to spend $300 billion ahead of its $1 trillion IPOThe state-run company boosted its production to an annual record last year.