In 2023, despite a decline in net profit compared to the previous year, Saudi Aramco still achieved a net profit of $121.3 billion, marking the second-highest annual profit in its history. This figure represents a roughly 25% decrease from 2022's $161.1 billion, primarily due to lower crude...
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As of 2023, the Kingdom’s Information and Communications Technology sector was the largest and fastest-growing in the Middle East and North Africa region, valued at $40.94 billion and contributing 4.1 percent of gross domestic product, the report stated. The Kingdom ranked second among G20 cou...
("Saudi Aramco") owns 70% of SABIC through one of its subsidiaries, "Aramco Chemical s Company". The other 30% ownership is held by the private sector. SABIC and its subsidiaries (collectively the "Group") are engaged in the manufactu ring, marketing and distribution of chemicals, polymers...
Oil giant Shell has announced that Saudi Aramco has bought up its 50% interest in the Shell Saudi Arabia (Refining) Limited’s (SASREF) joint venture in Jubail Industrial City. The deal has been agreed for more than £500 million. ...
Saudi Arabia has several economic challenges to face, including the environmentally disastrous impact of its oil and natural gas production; state-funded company Saudi Aramco is listed at the top polluter worldwide. Socially, Saudi Arabia has had a tumultuous past in terms of women's rights, wher...
Saudi Aramco Citizens of Saudi Arabia on WikispooksTitleBornDiedDescription Shaker Aamer 12 December 1968 The last UK national to be released from Guantanamo Bay, where he was held for 13 years and subjected to torture after refusing to spy for MI5. Kamal Adham 1929 29 October 1999 Director ...
Saudi Aramco, the largest player in the industry on the market, recorded the highest activity at SR31.4 billion during the fourth quarter. The company’s majority of trades, or 47.15 percent, occurred in November according to data from Bloomberg, coinciding with Aramco announcing its profits and...
According to Saudi Aramco, the youth population is projected to grow by 25.2% to become one of the youngest nations on earth by 2030. In addition, the country has been witnessing increased internet and social media usage. Abdullah Alswaha, Saudi Arabia's Minister of Communication and ...
(incomplete combustion)50. As per Aramco’s 2022 report, Saudi Arabia’s methane leakage rate during NG upstream production is quantified at 0.05%41, comparatively lower than other regions. The leakage rate during NG processing in Saudi Arabia, estimated at 0.03%, is based on GREET hybrid data...