Exclusive.. Aramco’s Vice President of Finance reveals to Al Arabiya the reasons for the jump in profits

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The Acting Senior Vice President for Finance, Strategy and Development at Saudi Aramco Ziyad Al-Murshed revealed the reasons for the strong rise in the company’s profits in the second quarter.

He also explained in an exclusive interview with Al Arabiya that Aramco holds the highest independent rating among all international oil companies classified by Fitch.

The guide stressed that the company’s debt ratio is still low compared to the major companies, despite the company’s recent increase in borrowing.

The Acting Senior Vice President for Finance, Strategy and Development at Aramco spoke about the impact of the Shrek program on the company’s business.





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