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
he delighted us with his dancing. now, twitch s widow speaks out for the first time about her husband. her powerful message jamie foxx breaking his silence weeks after his hospitalization. plus, the new crackdown on pharmacies making their own versions of popular weight loss drugs. announcer: this is nbc nightly news with lester holt. good evening the words that have struck dread in so many american cities and workplaces, active shooter, sent s.w.a.t. teams rushing to a hospital complex in atlanta s midtown neighborhood this afternoon where they discovered the horrible aftermath of another mass shooting. a man opened fire in a waiting room hitting five people. at least one of the victims was killed all of those shot are women. within minutes of launching a massive manhunt, police released surveillance images of the suspected shooter to the public, a 24-year-old man. with the killer on the run, workers and patients were advised to take shelter as police cordoned off
investigation into the handling of presidential documents. the move coming as a surprise to just about everyone. dana: that includes the former president. he was in new york at the time and he says he had been cooperating on the records investigation and argues it was not necessary to raid his home. bill: all of this, dana, setting off a political firestorm as you can imagine. the president s supporters and allies gathering outside mar-a-lago saying it is no coincidence it happened with the mid-terms less than 100 days from today. dana: team fox coverage this morning. jhonattan turley is here with legal analysis. jacqui heinrich at the white house and david lee miller at trump tower and david spunt is at the justice department. no doubt they are being quite tight lipped but a lot of questions, david. no doubt a lot of questions specifically aimed at the officials in this building. though they are not saying anything at this point. former president donald trump was the
also new this morning, surrounding new details surrounding former president trump s efforts to overturn the election, a georgia district attorney tells 16 so-called fake electors they are now targets of this ongoing criminal investigation in fulton county, georgia. it is a notable escalation. we ll explain why. and it comes as another election denier just secured the republican primary for governor in maryland. trump-backed candidate dan cox known for encouraging former president trump to seize voting machines will face off against the democratic nominee there in november. let s begin with the single text exchange that the secret service has provided to the january 6th committee, our justice correspondent jessica schneider is with us. just one back and forth, that s it? that s it. the committee members here continue to be dissatisfied with the secret service response. what we learned from this letter overnight, obtained by jamie gangel, the inspector general requested a m