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Saudi Arabia to boost petrochemical industry with Basell deal

Saudi Arabia to boost petrochemical industry with Basell deal
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LyondellBasell s PP technology selected for new plant in Saudi Arabia - Chemical Engineering

All you need to know ahead of the trading week on Saudi Arabia s Tadawul

RIYADH: Saudi stocks ended the previous trading week higher, outperforming fellow Middle Eastern bourses despite a drop in oil prices. In Thursday’s session, the main index TASI was up 0.6 percent to close at 13,621 points and the parallel market Nomu edged 0.4 percent higher to 24,418. Elsewhere, Egypt’s index EGX30 extended losses by 1.5 percent after UAE’s First Abu Dhabi

Saudi Alujain eyes hiking stake in 75%-owned NATPET as it mulls merger

RIYADH: Alujain Holding Corp. said it will increase its ownership in subsidiary National Petrochemical Industrial Co. as it mulls a merger. The Saudi-listed investment firm, involved in Kingdom’s major petrochemical and mining projects, currently holds a 75-percent stake in NATPET. Alujain is seeking to acquire an additional stake as part of its ongoing strategic plan to boost

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