Saudi Aramco to keep $75bn dividend despite dive in profits | The Guardian

Shareholder payout to stay despite 73% fall in quarterly profits due to impact of Covid-19Saudi Arabia’s state-owned oil giant still plans to pay $75bn (£57bn) to its shareholders this year even as the impact of the coronavirus caused its profits for the last quarter to plummet by 73%.The global slowdown in oil demand during the coronavirus pandemic pushed Saudi Aramco’s net income for the second quarter down to $6.57bn, from $24.7bn in the same period last year and $16.6bn in the first quarter of 2020. Continue reading…

Shareholder payout to stay despite 73% fall in quarterly profits due to impact of Covid-19

Saudi Arabia’s state-owned oil giant still plans to pay $75bn (£57bn) to its shareholders this year even as the impact of the coronavirus caused its profits for the last quarter to plummet by 73%.

The global slowdown in oil demand during the coronavirus pandemic pushed Saudi Aramco’s net income for the second quarter down to $6.57bn, from $24.7bn in the same period last year and $16.6bn in the first quarter of 2020.

Continue reading…


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What Are
Geo-Poli-
Cyber™ Risks?

What Is Geo-Poli-Cyber™?

MLi Group created the terms Poli-Cyber™ and Geo-Poli-Cyber™ (GPC™) in 2012 and 2013 based on the philosophy that if you cannot identify and name the threat, you cannot mitigate that threat.

Geo-Poli-Cyber™ attacks are political, ideological, terrorist, extremist, ‘religious’, and/or geo-politically motivated.

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