SABIC Reports Rise of Net Profit in Q3

• Sunday, 25th October 2020
• by Editorial Team

Saudi Basic Industries Corporation (SABIC) returned to profit in Q3 after the global signs of recovery  from the coronavirus, according to Bloomberg. According to data compiled by Argaam, SABIC reported a rise of 47% ...

Aramco Completes Acquisition of 70% Stake in SABIC

• Thursday, 18th June 2020
• by Editorial Team

Saudi Aramco, the world’s largest oil company, has announced its completion of the 70% stake acquisition in the petrochemical company Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF), a...