Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55355174
Caption:

A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh October 27, 2013. REUTERS/Faisal Al Nasser

Saudi Iron Ore Industrialists Consider Lower Rates

by Fahd Baqmi | Jul 26, 2016 | Business

Jeddah- In light of increasing demand on iron ore, Saudi Arabia’s factories are in the process of reconsidering rates as market competitiveness grows, setting up local products versus imports. Workers at the iron ore industry told Asharq Al-Awsat newspaper that...

Media ID: 55353952
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SABIC plant.

Saudi Petchem Firms May Seek M&A as Part of Efficiency Drive

by Asharq Al-Awsat English | Jul 5, 2016 | Business

Saudi petrochemicals producers may go down the mergers and acquisitions route to secure scale and raw materials as part of an efficiency drive to adjust their businesses to lower oil prices. Driven by cheap gas feedstock provided by the Saudi government, the petchem...

Media ID: 55353599
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Aramco: Brexit Did not Affect our European Share

by Obaid Al-Suhaymi | Jun 30, 2016 | Business

Dammam-Eng. Amin H. Nasser, president and CEO of the Saudi Arabian Oil Company (Aramco) said that the UK’s decision to leave the EU didn’t affect Aramco’s share in the European markets or its oil quantities exported to Europe. Nasser’s words came during the launch of...