Companies
Standard & Poor's announced the upgrade of SABIC's long-term corporate credit rating to "A+"
The ratings on SABIC further reflect the group's leading market positions in basic and commodity... Read full article »
SABIC reach agreement on US$ 700 million acquisition of Huntsman's European Base Chemicals and Polymers business
Mohamed Al-Mady, Vice Chairman and CEO of Saudi Basic Industries Corporation (SABIC) and Peter... Read full article »
SABIC Europe's new head office opened
On Tuesday evening the head office of SABIC Europe in Sittard was opened by HH Prince Saud bin... Read full article »
SABIC affiliate GAS signs SR 1.2 billion Islamic loan
The SABIC affiliate, National Industrial Gases Company (GAS), today signed a SR 1.2 billion... Read full article »
SABIC offers debut SAR 3 Billion sukuk with signing of key documents and underwriting agreement
SABIC yesterday, signed the underwriting agreement for its debut Sukuk issuance for a total... Read full article »
SABIC affiliate IBN ZAHR signs letter of intent with Daelim Industrial Co. Ltd.
Saudi European Petrochemical Company, IBN ZAHR, an affiliate of the Saudi Basic Industries... Read full article »
Sabic announces 8.8 billion Saudi Riyals profit in first half of 2006 and distribution of dividends to shareholders at 1.5 Riyals per share for first half of the year
The Saudi Basic Industries Corporation (SABIC) reported a net profit of SR 4.6 billion in the... Read full article »
SABIC appoints financial advisors and lead arrangers for Saudi Kayan financial loan
The Saudi Basic Industries Corporation (SABIC), entered into agreement with BNP Paribas, Arab... Read full article »
SABIC set to launch its debut Islamic Sukuk in the wake of gaining approval from capital market authority (CMA)
The Saudi Capital Market Authority (CMA) has given approval to SABIC to launch issuance of Sukuk... Read full article »
SABIC completes operational procedures to increase its share to 80% in IBN ZAHR affiliate
SABIC today completed operational procedures to purchase the Finnish Neste Oil's 10% share of... Read full article »
Saudi Kayan signs a letter of intent with Kellogg Brown & Root (KBR) for the construction of Olefins Plant
Saudi Kayan has awarded Kellogg Brown & Root (KBR) a contract for engineering, procurement and... Read full article »
Sabic affiliate Saudi Kayan Company signs a letter of intent (LOI) with Fluor Company
The Saudi Kayan Petrochemical Company (under construction) today signed a Letter of Intent (LOI)... Read full article »
Ibn Zahr awards contract for 500,000 TPA polypropylene project
Saudi European Petrochemical Company (IBN ZAHR), a subsidiary of the Saudi Basic Industries... Read full article »
SABIC awards a contract for the construction of a public park in Yanbu
SABIC awarded an eight-month contract to a Saudi contractor to design and construct a corniche... Read full article »
SABIC affiliate YANSAB signs SR 13.125 billion loans and facilities agreements
SABIC affiliate, Yanbu National Petrochemical Company (YANSAB), signed a package of loan... Read full article »
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