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Aramco the oil giant posted net profits of 111000000000. 00 euros last year because creative cost doesnt only go to financing the saudis face it also pays for a lot of perks for the general public petrol is cheap health care and education are both free for. No one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from topps but no one knows with any certainty had the c...

Sinks into chaos Pope John Paul 2 seconds just chants of the people from steel. Cars. The start of an era that defines a modest. 1970 the big coup today steps december 23rd. Cuts. Opec debates another big Production Cut what could it mean for africas Biggest Oil Producer nigeria and how could saudi aramco upcoming i. P. O. Get the oil markets well take a look at both. Also on the show the latest in Drone Technology is on display in amsterdam but in a rising industry deal with regulation and growing security fears. Im Stephen Beardsley in berlin thanks for joining us. Opec organ the organizatio...

Go to the euro max channel. Going to find stories. With exclusive sites. And a must see concerning part time culture kingaroy. Curious minds. Do it yourself networkers. Subscribers dont miss out. Ministration succeeds in reducing the trade deficit fresh figures show the u. S. Is importing and exporting less going to war with china but it could be a bad sign for the economy. In france paralyze the entire country to say no to a proposed pensions reform. And saudi arabia prepares for the worlds biggest i. P. O. The National Oil Company will sell 25600000000. 00 in shares what are they worth to. P...

The government is not always sharing in the front. For business on the w m how do you get us welcome to the program the u. S. Trade deficit drops to its lowest level in nearly one and a half years in october according to the Commerce Department the trade bill fell 7. 6 percent to 47200000000. 00 as both imports and exports declined this could be a direct consequence of Donald Trumps america 1st policy which seen several disputes including a trade war with china the trade deficit with china fell about one percent to 31300000000. 00 while imports remained unchanged white house has accused some o...

Business in china but the government is not always sharing in the fun. Welcome to g. W. Business in bed. Saudi aramco has completed the biggest share sale of all time its much awaited i. P. O. Race 25600000000. 00 for just 1. 5 percent of the saudi oil producer that values the company as a total of 1. 00 trillion dollars its short of crown Prince Mohammed bin sounds targeted 2 trillion but still confirms around co as the most valuable company in the world. Mainly relied on domestic and regional investors after a limited interest from further afield well only on that lets bring in ashutosh pun ...