Saudi Arabia Plans Aramco Share Sale as Budget Deficit Persists
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#bca0e304 ver:0.06

Saudi Arabia plans to sell shares in Aramco to raise $10 billion, as the country's budget deficit persists. The offering will be fully marketed and listed in Riyadh, supporting the economic transition of Vision 2030. Meanwhile, Russia's budget deficit is projected to be 1% of GDP, aided by higher oil prices, and Jordan's draft budget focuses on capital investments. Aramco will pay $31 billion in dividends, despite lower profits, to fund Saudi Arabia's diversification efforts. OPEC is expected to extend supply curbs, impacting the global oil market. #SaudiArabia #Aramco #Russia #Jordan #OPEC...

#newstr #SaudiArabia #Aramco #ShareSale #Vision2030 #Dividends 

 https://here.news/story/bca0e304?ver=0.06