Saudi Basic Industries Corporation (SABIC)

Plant to have a capacity of 400,000 tonnes, detailed studies needed first.

Firm reviewing project pipeline and scaling back overseas travel and training, CEO says.

Quarterly profit falls 2% to $1.93bn, sales growth down, anticipating decline in demand.

UPDATE 2: Tadawul nosedives 6% as global financial crisis continues to affect investors.

KSB Capital forecasts profit of $1.77bn for petrochemicals giant, down 10.3% year-on-year.

Gulf indices post mixed performances but Riyadh exchange recovers from Sunday's big losses.

Falling oil prices plays part in disappointing day for the region's share traders.

As Dubai stationery shops run low on brown envelopes, what has been the real impact of the latest financial scandals?

The Gulf faces a power shortage of unprecedented proportions, due to rapid growth in consumption.

Production hampered at some of Saudi petrochemical giant's plants in Jubail.

One of the biggest jobs in the Middle East's tightening grip on the world's plastics industry has had a change of owner.

Record quarterly profits of $2.02bn as high oil prices underpin company margins.

UPDATE 1: World's biggest chemicals firm forecast to make Q2 profit of $1.9bn despite US downturn.

Saudi's Maaden appoints Samba subsidiary to oversee $2.47bn share sale.

Petrochemicals firm signs agreement with group of banks to part finance complex in Al-Jubail industrial zone.

Saudi the only loser, with the rest of Gulf's markets all ending up for the day.

Saudi petrochemicals giant says Islamic financial market is developing and ample liquidity in riyal.

World's largest petrochemicals firm hit by US slowdown despite increased Asian demand.

Rocketing steel prices are likely to keep rising this year due to supply shortfall, traders say.

$2.1bn iron ore plant to be built in Saharan state following completion of feasibility study.

Increase, apparently in price of rebar, comes at time of surging demand and supply bottlenecks across region.

The soaring oil price is encouraging farmers worldwide to turn land over to the production of ethanol.

State petrochemicals firm plans to raise production to capitalise on higher prices for products, GM says.

Business is growing for Riyadh-based AES Arabia, despite a lack of interest in wastewater treatment.

Fears US economic slowdown will dampen demand sees Gulf stocks pummelled.

Saudi firm to offer one free bonus share for every five held and 53 cents in dividend for H2.

Petrochemical giant offering alternatives such as training and foreign postings.

Sabic warns high prices may slow growth in US and China and crimp chemicals demand.

Arab Bank has signed a $6.1 bn loan agreement as part of consortium to part-fund Sabic Innovative Plastic's acquisition of GE Plastic.

No progress so far on petrochemical project Chinese firm Shide in Dalian area, chief executive says.

Petrochemical giant rubbishes report claiming subsidiary is involved in plot to increase steel prices.

Firms looking finance projects will struggle in market reeling from global credit crisis, bankers say.

Saudi petrochemicals manufacturer says all loan arrangements are well underway and as scheduled.

World's largest chemical company concerned global credit fears have hurt investor appetite, banks say.

The Saudi chemical company still hopes to invest in Algeria after losing $3 billion chemical complex deal.

If you take a quick look at the map of the Arabian Peninsula, Saudi Arabia appears to engulf the entire region.

Saudi European has secured a murabaha deal to fund its Al-Jubail expansion.

SaudI European Petrochemical (Ibn Zahr) has awarded Honeywell a US$2.9m contract to provide process automation technology for its newest polypropylene plant, the two companies announced last week.

Saudi's SABIC is to borrow up to $29bn by 2012.

It's not every day that you witness US$164,344 being invested every second in and out of the Gulf.

What a fortnight for Saudi Arabia's chemicals industry: $31.6 billion invested by SABIC and Aramco.

The funds are set to help the National Industrial Gases company finance its expansion projects.

Arabian Business has published its '50 Most Admired' list of regional companies.

Saudi Basic Industries Corp. aims to develop chemical projects with state-owned Saudi Aramco.

Only four GCC companies rank on a list of the world's 2000 largest public companies.

Saudi Arabia's petrochemicals giant is reportedly preparing a bid for General Electric's plastics unit.

SABIC and Chinese partner Shide may have to wait a year for approval on a $5.2bn petrochemical facility.

Saudi Basic Industries (Sabic) plans to borrow US $6 billion next year to help finance the construction of the Kayan chemical complex