RIYADH/DUBAI (Reuters) - Saudi Aramco <2222.SE> has completed its purchase of a 70% stake in petrochemicals company Saudi Basic Industries (SABIC) <2010.SE> for $69.1 billion and extended the payment ...

Headquartered in Riyadh, Saudi Arabia, Sabic has global operations in over 50 countries with 34,000 employees. In 2018, Sabic’s consolidated production volume across its various business units was 75 ...

Saudi Basic Industries Corp’s (SABIC) investment plans will not be affected by oil giant Aramco’s purchase of a 70 per cent stake in the company, its chief executive said on Friday, adding SABIC would ...

Saudi state oil giant Aramco said Wednesday it is buying a 70 percent stake in petrochemicals behemoth SABIC, in a deal worth $69.1 billion. "Saudi Aramco today announced the signing of a share ...

RIYADH/DUBAI (Reuters) - State-owned Saudi Aramco bought 2.1 billion shares of Saudi Basic Industries (SABIC) on the stock market on Sunday as it completed its deal agreed last year to buy 70% of the ...

A bond sale by energy giant Saudi Aramco to raise $10 billion towards its purchase of a controlling stake in chemicals behemoth SABIC closes Wednesday, Riyadh's energy minister said. Khalid al-Falih ...

JEDDAH — Out of six companies from the Middle East were included in the Boston Consulting Group’s (BCG) list of 100 Global Challengers from emerging markets that are tipped to reshape industries ...

The FINANCIAL — Saudi Aramco and SABIC have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia, which governs ...

On Friday, the European Commission unconditionally approved Saudi’s Aramco’s majority stake acquisition in the kingdom’s petrochemicals group Saudi Basic Industries Corp (SABIC). This approval takes ...

Saudi Aramco plans to tap the debt market in the second quarter to finance the acquisition of petrochemical giant Sabic, likely issuing its first ever international bond and disclosing its accounts in ...