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Saudi Basic Industries Corp

Saudi Basic Industries Corp latest

Sabic bought its stake in Clariant in January 2018.
October 28th, 2019 - 09:54 GMT

Sabic Reports 86 Percent Drop in Q3 Net Profit

Saudi Basic Industries Corp (Sabic) on Sunday reported an 86 per cent drop in third-quarter net profit after taking an impairment charge of SR1.5 billion ($400 million) on its investment in Swiss chemicals firm Clariant. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-4…","video_id":"4e8dbd33-5fd5-480c-9ed1-b944b8f49d76","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 World’s Workplaces 2019"} Sabic also warned that the new capacity in key product lines that has pressured its prices and margins this year would persist into 2020. "Given the current market conditions I ...
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In its first public announcement on the project, SABIC did not say where the complex would be located, how much it would pay for the oil or if the crude would be subsidised
May 14th, 2014 - 11:13 GMT

Despite all the other 'mysteries': SABIC's oil-to-chemical plant to become operational in 2020

Saudi has established the new SABIC R&D center in Bangalore as part of their strategy to reach "the important market of Asia" (Courtesy of Arabian Business)
December 1st, 2013 - 07:27 GMT

Fit for Kings: Saudis new $100 million SABIC tech center in India launched

The London school’s understanding of the region and its energy sector is a major reason behind the award of the contract, says Anas Meerza, general manager of Kuwait’s National Technology Enterprises Company (NTEC).
November 19th, 2013 - 12:51 GMT

Slam dunk for education: London Business School signs $38million contract with Kuwait

 "Talk among top executives is that everything is in place and authorities are waiting for the final word from the king," said a Dubai-based fund manager.
August 25th, 2013 - 09:46 GMT

Why everyone's expecting Saudi Arabia's investment market to open up to foreigners

Middle East stock markets had a relatively healthy day on Wednesday, despite loses in the UAE.
March 7th, 2013 - 12:12 GMT

Regional stock markets looking healthy

More Middle East tensions see stocks sliding in Egypt and Saudi
November 26th, 2012 - 08:10 GMT

Regional stock markets unstable, Egypt and Saudi slide as Dubai rockets

Shares
September 5th, 2012 - 07:37 GMT

Bahrain and Saudi shares slump

Bahrain stock exchange
July 19th, 2012 - 01:14 GMT

Bahrain stock exchange takes a hit

GCC Shares Dip
July 16th, 2012 - 11:39 GMT

GCC shares dip down

July 13th, 2009 - 12:11 GMT

Saudi Monarch launches $4.93bn plant in Yansab

January 22nd, 2008 - 03:08 GMT

Arab stocks crash

Al Bawaba
May 26th, 2003 - 02:00 GMT

New holding firm to boost foreign investment in Saudi energy sector

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