News

CEO Abdullah Al-Ghamdi said the company’s backlog stands at nearly SAR 3.8 billion, excluding other framework agr ...
Use BBC.com or the new BBC App to listen to BBC podcasts, Radio 4 and the World Service outside the UK. We use cookies to ...
Arabian Gulf Business Insight on MSN7d
Sabic to pay over $1bn dividend despite losses
Saudi Basic Industries Corporation (Sabic), the state petrochemical giant which is 70 percent owned by Saudi Aramco, will pay a dividend of SAR4.5 billion ($1.2 billion) despite swinging to a loss in ...
Saudi Arabia’s biggest chemical company posted a third consecutive quarterly loss, missing analyst estimates for a profit, amid a prolonged industry downturn.
Saudi Arabia’s biggest chemical company posted a third consecutive quarterly loss, missing estimates by analysts for a profit ...
SABIC announced its financial results for the second quarter of 2025, with an adjusted net income of SAR0.5 billion compared ...
Stocks in the Gulf dropped Sunday as investors responded to poor earnings and fresh economic pressure from the United States, ...
Saudi Basic Industries Corporation, the Middle East's biggest petrochemicals company, reported a third consecutive quarterly ...
Saudi chemicals company SABIC reported another surprise quarterly loss on Sunday, after deciding to shut a cracker in Britain ...
Saudi Arabia's benchmark index gained 0.1%, driven by investor enthusiasm ahead of major earnings announcements from chemical ...
As part of a nationwide regulatory relief by the Trump administration, two Indiana chemical manufacturers have been given two years before having to fully comply with Environmental Protection Agency ...
A report released today by Greenpeace UK reveals how the Global Plastics Treaty is under threat from some of the world’s ...