Saudi Arabia | Egypt Oil & Gas - Part 71
Islamic Finance Props Up Saudi Electricity Sector During Oil Slump
Saudi Arabia's Rabigh Electricity Company has signed the riyal-denominated tranche of a murabaha credit facility worth up to $666.8m.
SABIC Gets Top Score in Carbon Disclosure Project
Saudi Basic Industries Corporation (SABIC) has achieved a score of 97 out of 100 for environmental reporting to the Carbon Disclosure Project (CDP).
Petrochemicals Record Growth via Innovation Strategies
Some 80 % of major petrochemical and chemical producers in the GCC are pursuing innovation strategy as a key business priority, a recent survey conducted by the Gulf Petrochemicals and Chemicals Association (GPCA) in ...
Oman Oil Marketing to Invest in Fuel Stations in Saudi Arabia
Oman Oil Marketing Company has been permitted to launch its feasibility study to determine the scope of its potential investment in the operation of fuel filling stations, and fuel services centers in Saudi Arabia.
Saudi Boosts Oil Export to Asia
Saudi Arabia's oil export to Asia has increased by 12 % in the first 11 months of 2015, in comparison with the same period of 2014, allowing Riyadh to defend its prominent market position.
Saudi Sadara Builds First Solution PE Plant in Middle East
Saudi Arabia's Sadara Chemical Company has successfully started up its first linear low density polyethylene (LLDPE) production plant at its Jubail complex.
OPEC: Tehran, Riyad to Continue Pumping Oil Despite Price
At the OPEC Summit, both Iran and Saudi Arabia said they would keep on pumping despite oil prices hovering near a six-year low as OPEC was not expected to curb the global supply glut.
Saudi Aramco Invests in Local Chain Supply
Saudi Aramco has announced its plan to double the amount of local sources used in its supply chain to 70 %, and thus increase its overall direct domestic investments worth $300b by 2021.
