Aramco is getting another slice of Petro Rabigh + extending a fresh loan
Aramco’s stake in the company will now reach 60%.
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Aramco’s stake in the company will now reach 60%.
The oil giant will maintain dividend payouts throughout the year
The funds from the rights offering will be allocated to pay down around SAR 6 bn in long-term loans.
PLUS: Saudi equestrians Ramzy Al Duhami + Abdulrahman Al Rajhi in the individual jumping final today
PLUS: Saudi embassy in Beirut warns citizens to leave the country
The partners are together kicking in over USD 1 bn more than originally announced
The project will take 44 months to complete
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