Bloomberg Saudi Aramco’s earnings soared as oil prices and production climbed, allowing the world’s biggest crude producer to cover its quarterly dividend of $18.75 billion with free cash flow. Third-quarter profit rises to 114.1 billion riyals ($30.4 billion) from 44.2 billion riyals year ago, beating a company-compiled estimate of $29.1 billion. Free cash flow was $28.7 billion. Aramco has benefited ...

Bloomberg The US and the European Union (EU) clinched a tariff-busting trade accord over the weekend that they’ll try to leverage into a broader global arrangement that would penalise countries that don’t meet low-carbon targets for steel and aluminum exports. President Joe Biden and European Commission President Ursula von der Leyen hailed the agreement on Sunday in Rome on the ...

DUBAI / WAM Emirates signed a Memorandum of Understanding (MoU) with the Seychelles Tourism Board at Expo 2020, reaffirming its commitment to the island nation and outlining joint initiatives to promote trade and tourism to the country. The MoU was signed by Ahmed Khoory, Emirates’ SVP Commercial West Asia and Indian Ocean, and Sherin Francis, Principal Secretary Tourism Department, Tourism ...