by Asharq Al-Awsat | May 2, 2017 | Business
Riyadh – Net profit at Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemical producers, jumped 80 percent from a year earlier in the first quarter of 2017 on the back of higher sales prices for its products. SABIC, which is majority...
by Obaid Al-Suhaymi | Apr 6, 2017 | Business
Jubail- Saudi Minister of Energy, Industry, and Mineral Resources Khaled al-Faleh revealed new steps taken by Saudi government to stimulate the industrial sector so it can play its role in the national economy and the domestic product. Faleh noted that the government...
by Shuja Al-Baqmi | Jan 20, 2017 | Business
Riyadh – Saudi stock market companies continued to announce fiscal results of 2016 one after another. Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, announced a 4.5% drop of net profit in 2016. Saudi Telecom Company...
by Fatah Al-Rahman Youssef | Dec 19, 2016 | Features
Riyadh- Francis Gurry, Director General of the World Intellectual Property Organization (WIPO) said that Saudi Arabia is a model in committing to agreements on intellectual property, applauding the Kingdom’s efforts and cooperation in this field. The Kingdom ranked...
by Asharq Al-Awsat | Sep 3, 2016 | Saudi Arabia
Beijing- Minister of Energy Khalid Al-Falih said that his country is ready to meet the increasing demand for energy from China during the upcoming decades, adding that Saudi companies specifically Sabic and Aramco are ready to invest in Chinese regions in partnership...