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Saudi Arabia's state oil company slashes dividend amid declining profits

Upworthy Tuesday, 4 March 2025 ()
The News Saudi Arabia’s state oil giant reported a decline in profit and slashed its dividend, hitting a key source of income for the kingdom as it looks to diversify its economy. Aramco was hampered by lower-than-expected oil prices, a factor that is likely to persist after the OPEC+ producers’…
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