![(FILES) In this file photo taken on January 25, 2016, Saudi and Foreign investors stand in front of the logo of Saudi state oil giant Aramco during the 10th Global Competitiveness Forum in the capital Riyadh. Saudi state-owned energy giant Aramco said on August 12 that its first half net income for 2019 had slipped to $46.9 billion, a first such disclosure for the secretive company ahead of its debut earnings call. "The company's net income was $46.9 billion for the first half (of) 2019, compared to $53.0 billion for the same period last year," the company said in a statement. The fall in income, owing to lower oil prices, comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing. / AFP / Fayez Nureldine](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/HPPYRPK2EUEIQEAEKOWYZLFYIA.jpg?smart=true&auth=d182129dcc7486e663097a9e2e01a7d1d02d6888d93050f74209daf990e2eff1&width=400&height=225)
Aramco has increasingly looked to acquire overseas downstream assets through acquisitions in India and China. AFP
Aramco has increasingly looked to acquire overseas downstream assets through acquisitions in India and China. AFP
Arabian Gulf debt issuance hits new record in second quarter
Governments and corporations issue $40 billion worth of debt in the three months to June 30