Saudi Arabia posts $8 bln Q3 deficit

Saudi Arabia posts $8bln Q3 deficit as lower oil prices weigh
The kingdom's total revenue stood at 309 billion riyals in the third quarter of this year, with oil revenues at 191 billion riyals and non-oil revenue at 118 billion riyals
Saudi Arabia's Q3 deficit at $8 bln amid spending surge, lower oil prices
Saudi Arabia logged a budget deficit of 30 billion riyals ($8 billion) in the third quarter, a finance ministry statement showed on Monday, as lower oil prices weighed on revenue.
Saudi Aramco Q3 profit drops 15.4% amid lower oil prices
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, backing Vision 2030 and economic stability.
Saudi Arabia posts 30 billion riyals Q3 deficit as lower oil prices weigh
SAUDI Arabia logged a budget deficit of 30 billion riyals (S$10.5 billion) in the third quarter, a finance ministry statement showed on Monday (Nov 4), as lower oil prices weighed on revenue. Read more at The Business Times.
Saudi Aramco says quarterly profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices. But its profits dropped by a quarter last year because of lower oil prices and production cuts.
Saudi Arabia posts $8bn Q3 deficit as lower oil prices weigh
Saudi Arabia continued to spend heavily on its Vision 2030 transformation programme aimed at diversifying the economy away from its huge reliance on the oil sector. The kingdom is
Oil giant Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Aramco's shares are down about 17 per cent this year, trailing the performance of Western oil majors Exxon and Shell, but broadly in line with BP, which is down 18 per cent
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15 pct from 2023
Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15 percent from last year as low oil prices ate into
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...
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Saudi Aramco says Q3 profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
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Saudi Aramco’s Q3 profit dips by 15%
Saudi Arabia, the world’s biggest crude exporter, is currently producing roughly nine million barrels per day (bpd), well below its capacity of 12 million bpd. This reflects a series of output ...
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MENA IPO outlook remains cautiously optimistic in Q3 2024, with five IPOs raising $0.93bln
KSA dominated listing activity with three IPOs The third quarter saw the region’s first non-GCC listing this year in Egypt ...
Arabian Business10h
UAE’s debt capital markets notch up 13% growth in Q3: Fitch Ratings
The surge in the debt capital market places the UAE fourth globally in all currencies, after Malaysia, Saudi Arabia, and ...
Saudia Records 10% Growth in Guest Transportation for Q3 2024
Over 9 million guests transported on more than 49,500 flights Jeddah, Saudi Arabia--(Newsfile Corp. -) - Saudia, the national ...