Saudi Aramco Could Raise $4 Billion From Power Plant Sales
Friday, 4 July 2025 () Under pressure to increase payouts to Saudi Arabia, the Kingdom’s state oil giant Aramco is considering selling up to five gas-fired power plants in deals that could raise some $4 billion, sources familiar with the plans told Reuters on Friday. Aramco has seen profits – and payouts to the Kingdom – decline this year with the slide in oil prices compared to last year’s levels. Saudi Arabia relies on income from oil exports and Aramco’s dividend payouts to finance an ambitious Vision 2030 program, with which the Saudi…
In a dynamic episode, @intheMatrixxx and @shadygrooove dive into Trump’s strategic moves reshaping the world stage with an America-First focus. They spotlight his May 13, 2025, Middle East..
On May 13, 2025, President Donald Trump and Saudi Crown Prince Mohammed bin Salman signed a historic $142 billion arms deal in Riyadh, marking the largest defense cooperation agreement in U.S. history...
In a high-energy episode, @intheMatrixxx and @shadygrooove dive into Trump’s America-First momentum, spotlighting his May 13, 2025, visit to Saudi Arabia—his first major foreign trip of his second..
Friday, 4 July 2025 ()
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