Saudi energy

Saudi Aramco to tap bond market amid low gearing at around 5%, CEO says 

Saudi Aramco to tap bond market amid low gearing at around 5%, CEO says 

  • Amin Nasser said the oil giant’s gearing ratio, a financial metric that compares a company’s debt to its equity, is currently around 5%
  • He reaffirmed the company’s commitment to maintaining high dividends
By Nadin Hassan ·