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اقتصاد
Aramco profits rise 34.5%
Saudi Aramco announced a 34.5% rise in net profit in the third quarter of 2026, to $36.25 billion from $26.9 billion a year earlier. The increase was driven by higher revenue and an exit from a joint venture, despite lower production due to the war and attacks on energy facilities, as higher oil prices offset the decline. Adjusted net income reached $31.2 billion, beating the average analyst forecast of $30.66 billion, while free cash flow rose to $28.2 billion. The board approved base dividends totaling $21.9 billion. The company also began production under its Zuluf field production-increase project and acquired a 49% stake in Humain, an artificial intelligence company.
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