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Saudi Aramco is considering selling up to five power plants and increasing debt to sustain payouts to Saudi Arabia amid ...
Aramco plans to sell gas-fired power plants. This move aims to boost funds for Saudi Arabia. The sale could generate billions ...
The potential divestment of Aramco's non-core assets comes as the company navigates lower oil prices, shrinking profits, and ...
The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.
These moves align with Saudi Arabia's push for Aramco to maximise its profits and increase contributions to government assets ...
In a strategic shift, Saudi Aramco is mulling the sale of up to five gas-fired power plants, with the potential to generate ...
Saudi energy giant Aramco is preparing to divest up to five gas-fired power plants as part of a broader strategic shift aimed at unlocking billion ...
BlackRock (NYSE:BLK) is reportedly in talks to sell its stake in Aramco’s natural-gas pipeline network, marking a significant ...
Aramco, the world’s most profitable company and the main source of Saudi state income, has been looking to sell some assets, improve efficiency and cut costs, Reuters has reported. The company will ...
Arabian Gulf Business Insight on MSN9d
Aramco considers power assets sale to raise billions
Saudi Aramco is considering selling up to five gas-fired power plants, sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions ...
Loss of buying power due to inflation has been cited as a top financial concern by 92% of respondents in a Senior Citizens ...