Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO. The Saudi Arabian behemoth said net income rose 82% to $39.5 billion in the first …
Carlos Ghosn, former Nissan chief executive officer, is in an ongoing legal battle amid allegations of financial misconduct. Bloomberg | Getty Images Carlos Ghosn has said he would receive a “fair trial” in France after being issued an arrest warrant in the latest of a string of charges brought against the disgraced former auto executive. Speaking to CNBC Friday in …
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion. Aramco’s 2021 net income increased by 124% to $110 billion in 2021, compared to $49 billion in …
Supporters of the Houthi movement shout slogans as they attend a rally to mark the 4th anniversary of the Saudi-led military intervention in Yemen’s war, in Sanaa, Yemen March 26, 2019. Khaled Abdullah | Reuters DUBAI, United Arab Emirates — Three people are reportedly dead and six injured in an attack in Abu Dhabi on Monday claimed by Yemen’s Houthi …
A view of a street in Abu Dhabi, United Arab Emirates Valery Sharifulin | TASS | Getty Images The United Arab Emirates will move its weekend to Saturday and Sunday starting next year, the UAE media office said in a tweet on Tuesday. Most countries in the Gulf have Friday and Saturday weekends. The country will have a four-½-day working …
Israeli Prime Minister Benjamin Netanyahu. ABIR SULTAN | AFP | Getty Photographs Israel’s Parliament, the Knesset, gathered to vote in its new authorities — and new prime minister for the primary time in 12 years — on Sunday. The vote, set to ring within the management of a really various and cobbled-together coalition of right-wing, left-wing, centrist and Islamist events, …
