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Matt Smith and Eva Levesque

Matt Smith and Eva Levesque
The Hisma Desert, part of the Neom Nature Reserve, one of the Saudi giga-projects – state spending makes use of the Aramco dividends

Aramco dividend vital to big-spending Saudi Arabia

Saudi Aramco’s 2024 full-year results due this week are likely to again underline the importance of the world’s largest listed oil company to big-spending Saudi Arabia’s economic development plans. Aramco has said it expects to announce fourth-quarter dividends – payouts to the Saudi government are a core source of state revenue – of SAR116.5 billion […]