Edit: Ahlam Adly

Saudi Aramco is in advanced talks on a deal worth up to $25 billion. with Indian Relines, to buy a 20% stake in refining activities.

It should be noted that in the second quarter of this year, Aramco earned the highest net profit since its inclusion on the Saudi market at the end of 2019.

Relines Industries Limited is an Indian multinational company based in Mumbai, which owns companies throughout India. It works in energy, petrochemicals, textiles, natural resources, retail trade and communications.

Net income was SAR 95.5 billion, up 288% from the second quarter of last year.