Saudi Aramco will pay a second-quarter dividend of $18.75 billion (Dh68.87bn) despite a 73.4 per cent fall in net profit due to lower oil prices and declining refining and chemicals margins during the coronavirus crisis.

In other news, The Directorate General of Passports (Jawazat) announced that it has completed the automatic extension of the exit and re-entry visas of expatriates who are outside the Kingdom for a period of three months without any fee.

To read about this and more of the week’s news from the Kingdom, click here.

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