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
relationship rock solid . police say further inquiries are taking place into whether a bbc presenter alleged to have paid a teenager for explicit photos committed a criminal offence. the kremlin says the wagner boss, yevgeny prigozhin, met vladimir putin five days after he led a failed mutiny. the un s weather agency says it is extremely worried about record high temperatures recorded around the world. sport and for a full round up, from the bbc sport centre, here s gavin. hello from the bbc sport centre. let s bring you up to speed with wimbledon, as the tournament enters the second week. novak djokovic and daniil medvedev are through to the quarter finals, medvedev progressing by virtue of his opponent retiring. he was two sets up at the time. the women s champion elena rybkahina also through without needed to complete her match. chetan pathak is there for us. djokovic dropped one set, but looking in good shape to retain his title here. and potentially level that famou
all in with chris hayes starts right now. s hayes starts right now. tonight on all in. i ve been indicted twice now in a couple of months. the doj seeks a protective order on trump. what s indictment mean? sure that s when your extremely dishonest sir. as front runners parting demands a loyalty pledge even for convicted felons. anybody getting on the republican national committee debate stage should be able to stay say i will support the will of the voters. growing calls for cameras in the trial of down donald trump. plus msnbc makes fun of me when i say that there are a lot of people that were involved in the biden shenanigans that are currently missing. the remarkable collapse of a maga attack on joe biden. no evidence that joe biden s did anything illegally. unfortunately we can t track down the informant. is the u.s. government going to prevent the saudi purchase of american golf? new details on two new investigations, when all in starts, right no
friends. it is wednesday, december 27th, i m willie geist. joe and mika have the morning off. a lot to get to including israeli forces shifting military efforts to southern and central gaza with officials warning the war could take many more months. and hours from now, antony blinken and alejandro mayor kas are set to meet with mexican president obrador. plus donald trump continues to claim he should be immune from any prosecution surrounding his efforts to overturn the 2020 election. we ll have the latest there. also ahead, bus drivers across the country increasingly under attack on the job. we ll dig into an alarming trend and what officials are doing about it. with us this morning, jonathan lemire, susan paige, and retired four star navy admiral james stavridis. good morning to you all. let s begin together with israel expanding the ground invasion in gaza. this as the united states continues to urge israel to protect civilian lives and shift to a more low intensity oper
battle ahead could take many more months. plus, just hours from now secretary of state antony blinken and homeland security secretary alejandro mayorkas are set to meet with mexican president just as thousands of central american migrants make their way to the united states southern border. we ll break down what this means and the key issues up for discussion. and also ahead the detroit pistons made nba history but for all the wrong reasons. the record they just broke that has everyone talking. good morning and welcome to way too early on this wednesday, december 27th. i m jonathan lemire. thanks for starting your day with us. we get right to the news and the israeli military has expanded its ground offensive into urban refugee camps in central gaza. the idf is also focusing on southern gaza s largest city as part of its stated mission to destroy hamas. officials say progress has been made in the north and that troops will continue to, quote, preserve and intensify t