Aramco profits drop by 12% in 2024 with low energy prices

March 4, 2025

Catenaa, Tuesday, March 04, 2025– Saudi’s state-owned oil giant Aramco profits for 2024 were down by 12% from a year, the company reported on Tuesday, due to low energy prices and higher operating costs. A filing by the company on Riyadh’s Tadawul stock exchange said that the company reported $ 106.25 billion profit in 2024 with […]

Mideast markets fall on uncertainty around Trump tariffs

February 19, 2025

Catenaa, Tuesday, February 18, 2025 – The majority of Middle East (Mideast) stock markets fell in early trade on Tuesday, due to ongoing global uncertainty surrounding U.S. President Donald Trump’s plans for tariffs on imports which has kept investors on edge. Trump has imposed a 10% tariff on imports from China, and announced plans for 25% tariffs […]