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Sabic logs third quarterly loss in a row + a flurry of 2Q earnings
The market is expected to stabilize in 3Q 2025, CEO says
Sabic sounds out banks for potential gas unit IPO
National Industrial Gases (Gas) could hit the market as early as this year
Sabic’s net income projected to drop in 1Q amid wider petrochem slump + UAE’s Presight plans to expand into the Kingdom this year
PLUS: Saudi oil shipments to China to reach 48 mn barrels in May
Saudi Kayan secures murabaha facilities to refinance SAR 8.1 bn in outstanding debt
PLUS: Shalfa lined up SAR 75 mn credit facilities from Saudi Investment Bank
Maaden finalizes SAR 3.6 bn Alba stake purchase in Bahrain’s Alba from Sabic
The companies were originally on track for a merger before talks were halted abruptly last month
Aramco is MENA’s most valuable brand
Saudi brands drive USD 75.5 bn of MENA's USD 127.4 bn brand value
Sabic CEO tops ICIS list + GEA sets Guinness World Record
Al-Fageeh has over 35 years of experience
Ma’aden now owns 85% of the Wa’ad Al Shamal JV with Sabic
Total transaction value is SAR 5.6 bn
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