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A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. It is a steep fall compared to 2022. It is still the second best performance in terms of annual results at 121 billion. Two reasons why they increased the dividend pay out. Number one, Aramco Abbott is the main driver of the ....
it s far from the first time an association of creative professionals. this time, it s the recording industry association of america accused ai companies of stealing their material and have sought to stop them in court. back in april, some 200 artists, including billie eilish and nicki minaj, signed a letter calling the use of ai in the music industry predatory and saying it should be stopped. staying with artificial intelligence, shares of nvidia fell by around 7% on wall street on monday. the chip firm has lost more than $500 billion in market value since last week when it briefly overtook microsoft as the world s most valuable company. nvidia has benefited from the booming demand for chips by train and run generative ai models like open ais chatgpt. european union regulators have accused apple of breaking rules designed to rein in big tech companies, the european commission which regulates competition in the year you said apple s app store squeezes out rival marketpl ....
RBI policy cheers, shows MPC split - The Sunday Guardian Live sundayguardianlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sundayguardianlive.com Daily Mail and Mail on Sunday newspapers.
Mr. Lamin Barrow, a Gambian national, joined the African Development Bank in 2000. Prior to his appointment, he was Director General, Nigeria Country Department, in the Regional Development, Integration & Business Development Vice Presidency. Mr. ....
Fed: 'Various' Participants Willing To Tighten More If Needed streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.