A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. It is a steep fall compared to 2022. It is still the second best performance in terms of annual results at 121 billion. Two reasons why they increased the dividend pay out. Number one, Aramco Abbott is the main driver of the Saudi Arabian economy. Saudi owned entities own 19 of it and they rely heavily on that income to really find some these massive projects inside arabia. They tried to keep the
Grand canyon tour. The president appearing to get lost in the bushes and his thoughts. The grand canyon, one of the earth nine wonders, wonders of the world. Think of that. You know, it is amazing. The enduring symbol of america for the entire world. It is a wonder he is president. Its seven natural wonders of the world. A tv camera sitting down with the Weather Channel to ram a lot more about Global Warming and even provide some quality pest control. Are you prepared to declare a National Emergency with respect to Climate Change . I have already done that. We have conserved more land. We have joined the paris claimant accord. We have passed out 368 billion Climate Control facility. We are moving. It is the existential threat to humanity. You have already declared that National Emergency. Thanks, appreciate it. You have already declared that National Emergency. Practically speaking, yes. Too bad the Weather Channel wasnt around to see shielded show from the hunter hurricane. Our very o
Appearing to get lost in the bushes, and his thoughts. Grand canyon one of the earths, nine wonders, the wonders of can the world litera, think about was amazing during civil america the entire world. Greg is one reason presents Seven Natural Wonders of world eventually he found his way to a tv camera sitting down with awn Weather Channel, w to remouladee about Global Warming coming in even provides some quality pest control. Are you prepared to declare a National Emergency with respect to Climate Change. I have already Doneith Thatd Cay N serve more land we moved into rejoice the Climate Accord and we classroom cc billiondollar Climate Controlled facility, were moving and it is the threat to hum humanity. If youve already declared that nationa youl emergency. Both got about honesty by think you would appreciate it sa youve already declared that National Emergency. Practically speaking yes sue and effective at the Weather Channel, was on the road to shield joe from the vendor hurricane
Business headlines. Us Investment Firm Elliott Advisors has walked away from making a takeover bid for currys after being rejected by the retailers board in its own words multiple times. It had initially proposed an offer that valued the electricals chain at £700 million, and later raised it to 757 million. But currys rebuffed the approaches, saying they significantly undervalued the business. Currys could still receive a bid from chinasjd. Com, which said last month it was mulling an offerfor the firm. Earlier i spoke with russ mould, Investment Director at the stockbrokers aj bell. There is but it it will focus on what the two main shareholders in currys have got to say, redwheel and frasers. Any bid will have to get their approval and one can only assume that wasnt forthcoming this time. They said it undervalued the business. It is rare we are in a position where we are talking about a high street retailer at the centre of a possible bidding war. We thought that bricks and mortar w
Earth nine wonders, wonders of the world. Think of that. You know, it is amazing. The enduring symbol of america for the entire world. It is a wonder he is president. Its seven natural wonders of the world. A tv camera sitting down with the Weather Channel to ram a lot more about Global Warming and even provide some quality pest control. Are you prepared to declare a National Emergency with respect to Climate Change . I have already done that. We have conserved more land. We have joined the paris claimant accord. We have passed out 368 billion Climate Control facility. We are moving. It is the existential threat to humanity. You have already declared that National Emergency. Thanks, appreciate it. You have already declared that National Emergency. Practically speaking, yes. Too bad the Weather Channel wasnt around to see shielded show from the hunter hurricane. Our very own peter doocy literarily hopping a fence to get bidens first comments on this on the business dealing. There is thi