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SPKEM Begins Experimental Operation of INUKIM Factories — Experimental Operation of INUKIM Factories

SABIC Begins Experimental Operation of INUKIM Factories

The Sahara International Petrochemical Company (SABIC), recently announced the start of trial operations at INUKIM’s non-organic chemical factories. Located in the strategically significant Ras Al-Khair Industrial City, these factories represent a new era in petrochemical manufacturing. With SABIC owning a 30% stake in INUKIM, the project underscores the company’s commitment…

November 12, 2023

Business

Sabic Signs Agreements to Transfer Expertise to Saudi Companies

Sabic signed three cooperation agreements with the Ministry of Health and King Faisal Specialist Hospital and Research Center. This happened on the sidelines of the “Global Health Forum 2023” held under the theme “Invest in Health” from October 29 to October 31 2023. Enhancing Saudi Sectors Abdulaziz bin Ali…

November 1, 2023

Business

Saudi stock market is showing consolidation despite the turmoil in the global stock

Hisham Abu Jameh, the CEO of Mikyal Financial Technologies, claimed that the rise in oil prices contributed to the stability of the Saudi stock market and that the Friday collapse of the world markets had no bearing on it. In contrast to some other markets, the Saudi market’s constituent parts…

August 28, 2022

Business

Saudi ARAMCO: Long-Term Decision for Buying 70% of SABIC Stocks

The president of Saudi Aramco company, engineer Amin Al-Nasser, said that the purchase of “SABIC” shares from the Public Investment Fund was carried out on purely commercial grounds. Al-Nasser explained that the evaluation of the selling price relied on a long-term view of value creation and not on considerations, the…

June 19, 2020

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