Tag: SABIC
Saudi Arabian firm may cut dividends to fund the Kingdom’s economy
Saudi Arabia's biggest publicly traded firms have decided to cut dividends and reinvest the money in the local economy as the crown prince attempts...
SABIC’s localization initiative continues to aid local companies, SMEs
Saudi Arabian multinational chemical manufacturing company SABIC’s localization initiative, Nusaned reported that 43 new Saudi entrepreneurs have qualified from its program, bringing the total...
SABIC plans $1.2mn cash dividend for H2 of 2020
Saudi Arabia's multinational chemical manufacturing company, Saudi Basic Industries Corp. (SABIC), has planned to distribute $1.2 million in cash dividends to its shareholders.
As per...
Saudi’s SABIC is weighing an IPO of specialty chemicals unit by...
One of the largest petrochemical firms in the Middle East, Saudi Basic Industries Corp. (SABIC) is reportedly planning for an initial public offering (IPO)...
SABIC consolidates its agri-nutrients business with SAFCO deal
Saudi Arabian multinational chemical manufacturing company Saudi Basic Industries Corp (SABIC) will sell its agri-nutrients business to Saudi Arabia Fertilizers Co (SAFCO), a firm...
SABIC embraces renewable energy to achieve its clean energy targets
Middle East’s largest petrochemicals firm, Saudi Basic Industries Corporation (SABIC) is reportedly aiming to use more renewable energy at its sites to achieve its...
Saudi’s SABIC seeks $1bn from the global bond market
Saudi multinational chemical manufacturing company, Saudi Basic Industries Corporation (SABIC) is raising $1 billion this year in the largest corporate dollar bond offer from...
Saudi Oil Giant Aramco concludes its takeover of 70% stake in...
Saudi Arabian Oil behemoth Aramco has successfully completed its share purchase of a 70 percent stake in Saudi Basic Industries Corporation (SABIC) from Saudi's...
