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...
SAUDI BASIC INDUSTRIES CORPORATION (SABIC) (A SAUDI JOINT STOCK COMPANY) ANNUAL CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 AND INDEPENDENT AUDITOR'S REPORT SAUDI BASIC INDUSTRIES CORPORATION (SABIC) AND ITS SUBSIDIARIES (A Saudi Joint Stock Company) Annual consolidated ...
Zone 4, Building 4.07, 7th Floor, Office 37, 38, 39, King Abdullah Financial District (KAFD) Riyadh, Saudi Arabia Tel: +966 11 525 6896 / 6897 / 6898 Map 03Past Webinars Middle East Global Economic Outlook Briefing OCT 28, 2020 | 08:00 - 09:00 London ...
The article discusses how oil company Saudi Aramco is hiring a financial adviser to help develop solar power plants, is trying to reduce the use of oil and gas, and is building steam and solar plants for company use.MARTINMATTHEWEBSCO_bspMeed Middle East Economic Digest...
The original public reports with Aramco's reserves and field asset values − and independent 2017 audit of reserves by DeGolyer and MacNaughton and the separate audits of field asset values in the company's annual financial statements by PricewaterhouseCoopers (PWC) – were based on certain ...
Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more Dec 15, 2023 by Ana Paula Pereira Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets. 3631 News Japan’s SBI looks to Saudi Aramco to continue Middle East...
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Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom and is reviewing three others as it evaluates spending plans with a focus o…
Amiral Petrochemicals Complex: advising SACE, KEXIM, K-SURE, JBIC, CESCE, Euler Hermes, Bpifrance AE and the commercial lenders on the US$15bn financing of the petrochemical complex (sponsored by Saudi Aramco and Total) which is scheduled to begin operations in 2027. INEOS Downstream Cluster ...
With the pandemic behind it, Saudi Aramco's fortunes picked up. The company reported $121.3 billion in net income for 2023, its second-highest number ever. The figure for 2022 was 161.1 billion. The company paid dividends totaling $97.8 billion in 2023, an increase of 30% over the previous...