30 Sep 2014
(MENAFN) Saudi Arabia’s National Industrialization Co. (Tasnee) announced it is planning to invest USS$480 million in order to raise its majority stake in The Cristal subsidiary factory, which is one of the world’s largest producers of titanium dioxide, by a further 13 percent, Arab News reported.
Tasnee has submitted an offer to the Gulf Investment Corporation, which is jointly owned by the six nations of the Gulf Cooperation Council, to buy the additional stake in the firm and raising its overall holding to 79 percent in the company.
The deal is expected to be completed in the October-December period of this year and will be paid for in installments.
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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