Aramco pays nearly $100bn in dividends as profits tumble | Aramco
Saudi Arabia’s state-owned oil company Aramco paid out nearly $100bn (£77bn) in dividends, even though the company’s annual profits fell from the record profits it collected the previous year. The group, which is 82% owned by the Saudi government, said in its annual results that dividends to shareholders rose 30% to $97.8 billion in 2023. […]