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Now on bbc news, hardtalk. Welcome to hardtalk. Im stephen sackur. President biden has reportedly paused arms sales to saudi arabia as his administration reviews relations with his long time strategic ally. Not long ago, candidate biden described the kingdom as a pariah, but is there any prospect of external or internal pressure challenging the authority of saudi arabias De Facto Leader, Crown Prince Mohammed Bin Salman . Well, my guest is exiled saudi opposition activist, madawi al rasheed. What next for saudi arabia reform, repression or maybe both . Madawi al rasheed, welcome to hardtalk. Hello. You have become one of the highest profile saudi critics of Crown Prince Mohammed Bin Salman. I just wonder how you felt a couple of weeks ago when we saw the crown prince so warmly welcome ....
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 ....
Business headlines. Us Investment FirmElliott 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 underval ....
in a televised address, mr zelensky said more than 600 cases of collaboration and treason have been opened against law enforcement officials. now on bbc news, dateline london with shaun ley. hello and welcome to dateline. this week two nations with caretaker leaders but problems that cannot wait. in israel, a coalition has collapsed. joe biden has been in a middle east seeking more saudi oil. they and the israelis want the united states to pledge action against iran. here in the uk, the famous and not so famous five are vying to succeed borisjohnson as leader of the conservative party and prime minister. but in a context of tax cuts, is that the answer to what even ministers describe as a cost of living crisis? in the studio to discuss all of that, stephanie baker, an americanjournalist and senior writer at bloomberg businessweek. abdal bari atwan, based in london since the late 1970s, he writes on arab affairs. ian birrell is a columnist with the mail newspapers, he ....