FINANCIAL NEWS

SABIC to strengthen economic relations with India

27 Nov 2013

(MENAFN) Saudi Arabia and India plan to strengthen economic relations as Saudi plans to invest in India, according to Arab News.

The announcement was revealed in a meeting between the Indian Ambassador Hamid Ali Rao and the Saudi Basic Industries Corporation (SABIC) Chairman Prince Saud bin Abdullah.

SABIC planned to launch four new facilities this year, one of the facilities will be in India, totaling at 18 facilities around the world.

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