Category: Corporate News

**Titular:** *Aramco Posts Robust Q2 Earnings* **Intro:** Saudi Aramco reported a Q2 net income of $30.1 billion, underscoring financial resilience amid market volatility. The company announced plans to launch performance-linked dividends, starting with a $9.9 billion payout in Q3, while advancing upstream expansions and lower-carbon energy initiatives. **Factbox (50w):** – **Net Income:** $30.1B (Q2), $62.0B […]

**Titular**: Ma’aden, Ivanhoe Forge Mining Partnership **Intro**: Saudi Arabia’s Ma’aden has invested $126 million for a 9.9% stake in Ivanhoe Electric (NYSE: IE), forming a 50:50 joint venture to explore copper, gold, nickel, and silver in Saudi Arabia. The deal grants Ma’aden access to IE’s proprietary Typhoon™ tech, accelerating mineral exploration aligned with Vision 2030 […]

**Headline:** Ma’aden, PIF Launch Minerals JV **Intro:** Saudi Arabia’s Ma’aden and the Public Investment Fund (PIF) unveiled a joint venture to invest in global mining assets, targeting strategic minerals like iron ore, copper, nickel, and lithium. The 51%-49% partnership aligns with Vision 2030 goals, bolstering supply chains and securing resources for Saudi industrialization and global […]

**Título**: Four Seasons Riyadh Unveils Major Renovation **Intro**: Saudi Tourism Minister Ahmed Al-Khateeb inaugurated the first phase of the Four Seasons Hotel Riyadh’s expansion, backed by a 255 million SAR investment. The revamp aims to elevate luxury services and align with Saudi Arabia’s booming tourism sector. Dignitaries, including HRH Prince Al-Waleed Bin Talal, toured the […]

**Titular:** *Aramco Boosts Dividends, Eyes Sustainable Growth* **Intro:** Aramco reported $31.9 billion in Q1 2023 net income, with a 4% dividend increase to $19.5 billion and plans for performance-linked payouts. Despite lower earnings year-on-year, robust cash flow and strategic downstream expansions in the U.S., China, and South Korea underscore resilience. A landmark partnership with Linde […]

**Titular:** Ma’aden Forges Global Mining Alliances **Intro:** Saudi Arabia’s Ma’aden, backed by PIF, has launched strategic partnerships with Ivanhoe Electric and Barrick Gold to boost mineral exploration and secure critical supply chains for energy transition. The deals include a $126M stake in Ivanhoe, cutting-edge tech integration, and JVs targeting copper, gold, and nickel in Saudi […]