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Tag: Saudi Arabia’s economy

Energy, Industry Focus Areas

Saudi Aramco Posts 90% Jump in Profit, Generating Billions for Kingdom

August 14, 2022

Via: The Wall Street Journal

Saudi Arabia’s national oil company on Sunday posted a 90% jump in quarterly profit on the back of high oil prices, generating billions of dollars in cash that is infusing fresh momentum into the kingdom’s ambitious economic makeover and strengthening […]