RIYADH/DUBAI (Reuters) - Saudi Aramco <2222.SE> has completed its purchase of a 70% stake in petrochemicals company Saudi Basic Industries (SABIC) <2010.SE> for $69.1 billion and extended the payment ...
Headquartered in Riyadh, Saudi Arabia, Sabic has global operations in over 50 countries with 34,000 employees. In 2018, Sabic’s consolidated production volume across its various business units was 75 ...
DUBAI, July 23 (Reuters) - A proposed reshuffle of state assets would allow Saudi Arabia to delay the listing of national oil giant Aramco until 2020 or beyond while still spending on economic ...
The FINANCIAL — Saudi Aramco and SABIC have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia, which governs ...
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Sabic delays plans for IPO of industrial gases unit
Saudi Basic Industries Corporation (Sabic), the state petrochemical company that is 70 percent owned by Saudi Aramco, is reportedly easing back on plans to list its industrial gases business. The ...
Max Meier for Bioenergy Insights Saudi Arabia plans to fully open its stock market (Tadawul) to all categories of foreign investors, regardless of their place of residence, from February 1, 2026. This ...
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