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FINANCIAL NEWS
Saudi project to be ready in China by 2020
05 Sep 2016
(MENAFN) Saudi Basic Industries Corp (SABIC) deal with Shenhua Ningxia Coal Industry Group aims to utilize coal in petrochemical industry.
Moreover, the project will cost almost USD3 to USD4bn and it is predicted to be finish by 2020.
The company goal is to spread its feedstock sources, as well as increase the firm competitiveness.
In addition, SABIC has been in the Chinese market for 30 years, with investments estimated at USD6bn and sales reaching USD7bn for the firm whole sales.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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