News Room
Sabic: Development Trends That Answer Risk and Stability Concerns - Zpryme
Posted by: Zpryme
in News Room |
Austin, TX - (ZPRYME NEWS) – 05/15/08 - The Saudi Basic Industries Corp or Sabic which is considered as the largest petroleum and chemical firm on “Sabic $5bn in Iraq as competition for gas heats up”, is expected to invest in Iraq despite the risks posed by this war torn country due to the stiff competition in its home country. This investment in Iraq is through a factory facility for the production of polyethylene and polyvinyl chloride.
Largest Acquisitions by Saudi Arabia-Based companies: Gulf Companies Huge Acquisitions in 2007 - Zpryme
Posted by: Zpryme
in News Room |
Austin, TX (ZprymeNews) April 28, 2008 -- Many Saudi Arabia-based companies made their largest acquisitions in 2007. Billions were spent by these companies for foreign investments as well as acquisitions. Among the Saudi-based companies which made huge acquisitions in 2007 were the Saudi Basic Industries Corporation, the Kuwait Mobile Telecommunication Company, that made by Maan Al Sanea, the National Industrialisation, the Kuwait Investment Dar, the Saudi Telecom Company, and the National Bank of Saudi Arabia.
