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Sabic is almost out of Europe
Plus: Camel Trading Regulations get ministry sign-off
Rime raises seed round, five-year pipe duties, Riyadh Air expands Asia network
Saudi Arabia imposed final anti-dumping duties on imports of ductile cast iron pipes from India
Sabic trims losses, First Mills grows, Solutions’ margins tighten in 2Q
Sabic’s losses narrowed thanks to an absence of one-off charges, while lower sales volumes weighed on the underlying business
Sabic is eyeing a stake of up to 50% in a Chinese advanced materials project
Good morning, friends. Geography is doing Saudi Arabia a favor this year. A Reuters poll of economists has the Kingdom…
Sabic back in black + a flurry of 1Q earnings
Sabic’s first earnings of the year saw it recover from a SAR 1.2 bn net loss the year prior
Sabic posts biggest loss since 2003 amid asset sales and sector glut
Sabic swung to a net loss of SAR 25.8 bn
Sabic to supply Pirelli’s tire factory with raw materials
The facility is set to begin production this year.
Sabic’s western divestment
The divestment will see Sabic take on a noncash loss of SAR 18.3 bn in 4Q
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