Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Aramco reports 9% rise in Q3 adjusted net income, declares SAR 82.1 bn dividend

Saudi Arabia's Aramco announced on Tuesday a 9% year-on-year increase in adjusted net income to SAR 117.0 billion in Q3 2026, compared with SAR 107.2 billion in the same quarter last year, attrib...

Aramco reports 9% rise in Q3 adjusted net income, declares SAR 82.1 bn dividend

Saudi Aramco reported a 9% year-on-year increase in adjusted net income to SAR 117.0 billion for Q3 2026, driven by operational excellence and resilience. The company's cash flow from operating activities rose to SAR 145.2 billion, while free cash flow increased to SAR 105.8 billion. Aramco's gearing ratio declined to 5.5%, and it declared a SAR 82.1 billion dividend for Q3 2026.

Additionally, Aramco expanded its presence in artificial intelligence by acquiring a 49% stake in HUMAIN for approximately SAR 9.9 billion and signed a joint venture agreement for mineral exploration and hard-rock mining.

Brief written by urgent.news from Gulf Times Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at gulf-times.com →

More in Finance & Markets

Prediction: Netflix Will Become the Coca-Cola of Streaming

Netflix transitioning from a high-octane growth stock to a stodgy but reliable value stock could pay off for long-term investors.

  • Netflix aims to become streaming industry's Coca-Cola.
  • Company generates high revenue and improving margins.
  • Netflix shifts focus to revenue, earnings, free cash flow.

More from Tuesday 3 November →