{"id":85956,"date":"2024-05-08T00:00:00","date_gmt":"2024-05-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/08\/its-all-about-aramco\/"},"modified":"2024-05-08T00:00:00","modified_gmt":"2024-05-08T00:00:00","slug":"its-all-about-aramco","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/08\/its-all-about-aramco\/","title":{"rendered":"It\u2019s all about Aramco"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramco is leading the conversation on Saudi in the foreign press this morning<\/strong>, with everyone taking note of the oil giant sticking to its promise to pay USD 31 bn in dividends despite lower earnings. We have the full rundown in the news well, above. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-aramco-maintains-dividend-despite-lower-net-income-q1-2024-05-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-07\/aramco-to-pay-31-billion-dividend-as-saudi-posts-budget-deficit\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.barrons.com\/news\/saudi-aramco-s-q1-profit-down-14-5-percent-statement-c1bb3f1c?refsec=topics_afp-news\" style=\"\" rel=\"noopener\">AFP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/energy-oil\/saudi-aramco-net-income-falls-on-declining-crude-oil-volumes-314737e3?mod=business_feat1_energy-oil_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.telegraph.co.uk\/business\/2024\/05\/07\/saudi-oil-giant-pay-100bn-crown-princes-desert-mirror-city\/\" style=\"\" rel=\"noopener\">The Telegraph<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/saudi-arabia-neom-line-construction-99b3f54f\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a><\/strong><strong> is the latest to look at the buildout timeline for Neom<\/strong>, and suggests the real cost of developing Neom could be higher than initially anticipated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The oil giant reported lower net income in 1Q 2024<\/p>\n","protected":false},"author":1,"featured_media":85957,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2561],"tags":[139,10,100,229,1609],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saudi-in-the-news","tag-aramco","tag-enterpriseam-ksa","tag-neom","tag-saudi-in-the-news","tag-the-line","wpautop","entry"],"acf":{"mongo_id":"0abfc13f-6150-49be-ad3e-d49c5cd6d65c","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/477.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Aramco\u2019s earnings drive the conversation for foreign press","related_issue":[85940],"teaser":"The oil giant reported lower net income in 1Q 2024","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.9ba0841b-a31d-421c-b261-01bbc5156049.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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