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Sabic to boost its footprint in China with new advanced plastics facility
New plant to produce materials for electronics, automotive, and 5g sectors.
Gulf Guard plans SAR 806 mn glass factory
The SAR 806 mn plant would have a daily production capacity of 750 tons
Alayed makes history as Saudi’s first woman swimmer at the Olympics
PLUS: Chinese investors are piling into two new exchange-traded funds tracking Tadawul
China’s Baosteel, Aramco, the PIF will double their investments in Saudi steel plate maker
The partners are together kicking in over USD 1 bn more than originally announced
Talking up industrial cooperation with Brazil
Plus: Last week’s renewable energy component manufacturing pacts with China are worth about USD 3 bn
Industrial production volumes extend decline in May
Mining and quarrying activities accounted for 61.4% of the IPI index
PIF defense champion Sami inks manufacturing and tech agreements with Turkish companies
Some 61 contracts worth SAR 26 bn were signed at the World Defense Show in Riyadh in February
Canada’s NextSource could build a battery anode plant in Saudi, is actively screening potential investors
The plant is expected to generate up to USD 230 mn in annual revenues.
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