Saudi Basic Industries Corporation | Al Bawaba

Saudi Basic Industries Corporation latest

Today SABIC’s chemical operations embrace the world, with plants in Geleen, in the Netherlands, and Yanbu in Saudi Arabia, but its striking headquarters are still in Riyadh. (Arab News)

October 8th, 2018 - 06:55 GMT

This Is Why Sabic Is Important to Saudi, and It's Not Just the $70 Billion

When Mohammed bin Salman, Crown Prince of Saudi Arabia, recently reaffirmed in an interview with Bloomberg the commitment to sell shares in Saudi ARAMCO by 2021, he made it clear that part of the reason for the longer time frame was the need to protect and enhance SABIC.

Four Egyptian companies among its list of 100 most powerful public companies in the Middle East and North African regions.

June 20th, 2018 - 08:29 GMT

4 Egyptian Companies Among the Top 100 Powerful in the MENA

The company attributed the drop in Q4 profit to 'maintenance works in some of its plants'. (Shutterstock)

January 28th, 2018 - 01:41 GMT

Saudi Arabia: SABIC's Net Profit Falls 19 Percent in Q4 2017

On average, SABIC files a new application every 18 hours, each based on the work of approximately four researchers, the statement added. The petrochemicals giant said that it filed 373 patent applications in 2013 and applied for 159 applications in the first quarter of this year.

June 15th, 2014 - 02:55 GMT

For once, size matters: Saudi Sabic becomes ME's largest patent developer

The centre significantly enhances Sabic’s R&D footprint in Asia, building on the existing infrastructure of its application centers – one in Moka, Japan, and the other in Sungnam, South Korea.

December 4th, 2013 - 03:55 GMT

Sabic opens $100m R&D centre in China

Mosaic's cash investment is expected to be up to $1 billion, funded over a four-year period beginning in 2013.

August 6th, 2013 - 10:05 GMT

American Firm to own 25% of Giant Saudi Phosphate Joint Venture

National Industrialization Company factory (Source: TASNEE official website)

July 2nd, 2013 - 05:47 GMT

Saudi Arabian petrochemical sector draws SR 3.6 trillion ($960m) in investment

Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012

June 17th, 2013 - 10:49 GMT

Petrochemicals production in KSA hits 86.4 m tons in 2012

The region’s recent political uprisings require an imminent and urgent response to employment challenges as the revolutions which unravelled have demonstrated that widespread economic inequality can stir social turmoil

June 10th, 2012 - 02:00 GMT

Arab World ‘needs to create 75 million jobs’

Large employers are extremely well positioned to create jobs and contribute to national workforce development

June 7th, 2012 - 07:17 GMT

Middle East reforms: a cure for unemployment crisis?

The route is a vital trading link between the UAE and Saudi Arabia, as well as for the onward transit of goods across the region

May 10th, 2012 - 09:05 GMT

Saudi customs cooperate to slash delays at border

Petrochemicals made up 37 percent of the kingdom’s non-petroleum exports in June, worth 14.1 billion riyals (Dh13.8 billion), according to a recent report by the General Statistics

August 22nd, 2011 - 05:55 GMT

Saudi petrochemical exports to Asia up 6.6%

Al Bawaba

April 20th, 2011 - 09:12 GMT

Better prices lift SABIC income