Saudi Aramco divests and borrows to maintain dividends and invest in priorities


In depth
Issue 1130 - 15 Jul 2021 | 4 minute read

Officials are adamant the sale and leasing of assets, and a steady flow of huge bond issues, are not being done to maintain Aramco’s $75bn annual dividend – and major new investments are planned that will need funding – but the oil giant is clearly under pressure to maintain its position as the state’s cash-cow.

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