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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 ....
With more than a dozen of his closest allies. That is according to some news accounts. An it this come though thafternoon. The grand jury had heard from half of ten witnesses expected to testify in this case at this stage. Among those witnesses, former Georgia State representative bee wen. Present for the 2020 hearing where Rudy Giuliani pedalled false election claims an urged legislators to appoint a slate of fake trump electors. Two other witnesses who were expected to testify tomorrow have been called in as well. They include journalist george chidi, who stumbled upon a december 14th, 2020 meeting of Fake Electors, as well as Former GeorgiaLieutenant Governor jeff duncan, hes a republican who has been ope ....
Could to take back to them. A lot of them dont drive, they dont have gas, im just hoping and frankly let me through the line. If you cant get their insulin, they are going to die. And the diabetes medication, high Blood Pressure medications. This is yeah. We are following that, along with this investigation into the death of a three year old migrants being bused out of texas. By Governor Greg Abbott. And the cavalcade continuing in iowa, as candidates make their case at the state fair. We will take you there live coming up as well. We want to begin, though, with this Breaking News we have been following all afternoon. What could be could be a Major Development in the donald trump Georgia Election inve ....
Im sandra smith in for neil cavuto, and this is your world. Leaving pain in the gas for President Biden. The writing is exemplary. Great to be with you. President biden is back in washington amid new economic concerns that surging gas prices bringing down fears that inflation is back with a vengeance. Make no mistake. Its gas prices that always gets the attention of consumers which in turn means lawmakers pay attention. The news is not good, with prices way up. Its worse than that. There is an overall surge, and The Cost Of Living for amer americans, vegetable costs, up. Gas to get to and from work, also up. Its a devastating report card for president who is more or less hovering around 40 and obviously lower with many other parts of the country. When joe biden was elected president , and inaugurated, looking at 2030 price increases on what counts, and thats stable foods ....